HD Renewable Energy Board OKs Private Placement of Up to 15 Million Shares

MT Newswires Live

2025/04/18

HD Renewable Energy's (TPE:6873) board approved an issue of up to 15 million new shares via private placement.

The shares will be offered to qualified strategic investors, according to a Thursday Taiwan Exchange filing.

Proceeds will be used to boost working capital, strengthen finances, and protect shareholder interests.

The private placement shares will be subject to a three-year lock-up, it added.

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