White-Wood-House Foods Co., Ltd. announced a private placement of 11,000,000 common shares at TWD 35 per share with existing investor GenMont Biotech Incorporation for gross proceeds of TWD 385,000,000 on March 17, 2014.

On May 8, 2014, White-Wood-House Foods Co., Ltd. closed the transaction. The company issued 11,950,000 common shares for gross proceeds of TWD 418,250,000 in the transaction. The investor has acquired minority stake through this transaction and now holds 100% stake in the company.