Tong Hsing Electric's Philippine Subsidiary Plans Cash Increase of 97.76 Million Pesos
Tong Hsing Electric, a semiconductor packaging manufacturer, announced that its subsidiary TONG HSING ELECTRONICS PHILS. INC. has resolved to conduct a cash increase of approximately 97.76 million Philippine Pesos (about NT$51.54 million).
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- 📰 Published: April 17, 2026 at 22:19
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Taipei, April 17 (CNA) -- Tong Hsing Electric, a semiconductor packaging manufacturer, announced today that its subsidiary TONG HSING ELECTRONICS PHILS. INC. board of directors has resolved to conduct a cash increase, totaling approximately 97.76 million Philippine Pesos (about NT$51.54 million).
Tong Hsing stated that TONG HSING ELECTRONICS PHILS. will increase its capital by issuing 1.20692 million new shares at 81 Philippine Pesos per share, all to be subscribed by original shareholders, to supplement operational funds.
Tong Hsing was founded in Yingge in 1974. Its Philippine plant, located in Calamba City, was established in 1994. (Editor: Chen Yi-ling) 1150417
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Tong Hsing stated that TONG HSING ELECTRONICS PHILS. will increase its capital by issuing 1.20692 million new shares at 81 Philippine Pesos per share, all to be subscribed by original shareholders, to supplement operational funds.
Tong Hsing was founded in Yingge in 1974. Its Philippine plant, located in Calamba City, was established in 1994. (Editor: Chen Yi-ling) 1150417
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