Grand Hall Enterprise Co., Ltd. (GTSM:8941) announced a private placement of 3,000,000 shares at TWD 23 per share for gross proceeds of TWD 69,000,000 on October 1, 2013. The transaction will be completed on October 15, 2013.

On October 14, 2013, Grand Hall Enterprise Co., Ltd. closed the transaction. The company issued 2,650,000 shares for TWD 60,950,000.