Hwa Ya Development Co., Ltd. announced that it expects to receive TWD 810 million in funding from Taiwan Secom Co., Ltd.
November 13, 2023
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Hwa Ya Development Co., Ltd. announced that it will raise not exceeding TWD 810 million in an equity funding on November 13, 2023. The transaction will include participation from new investor, Taiwan Secom Co., Ltd.
Taiwan Secom Co Ltd is a Taiwan based company mainly engaged in the provision of electronic engineering and electronic services. The main product is electronic security system, which mainly uses communication networks and computer equipment to cooperate with professional security electronic equipment and personnel to maintain the safety of customers' lives and property. The products include smart security control system services, digital surveillance systems, access control and attendance systems, fire protection systems, professional vaults, mobile satellite positioning assistance, smart care services, public health station services, earthquake warning and other security-related projects. The Company also develops related equipment for security systems, video surveillance and Internet of Things applications. The products mainly serve Taiwan and Penghu.