TEK International Inc. (TSEC:6225) announced a private placement of convertible corporate bonds and 20,000,000 shares for gross proceeds of TWD 200,000,000 on January 17, 2014.

On February 7, 2014, the company amended the terms of the transaction. It will issue minimum of 4,500,000 shares and maximum of 7,500,000 shares at TWD 4.50 per share for minimum gross proceeds of TWD 20,250,000 and maximum gross proceeds of TWD 33,750,000.