Newmax Technology Co., Ltd. announced a financing transaction
March 07, 2019
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Newmax Technology Co., Ltd. (GTSM:3630) announced a private placement of 25,000,000 common shares on March 8, 2019. The transaction will include participation from existing investor Q Technology (Group) Company Limited (SEHK:1478) for 7,200,000 shares, current shareholders, employees and the public. The transaction is subject to approval from local regulatory authority.
Newmax Technology Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of lens products. The Company's products include lens units for notebook computers and tablets, lenses for mobile phones, game machines, automobiles as well as lenses units for personal computers (PCs) and digital video (DV) cameras, among others. Its products are applied primarily in the manufacture of cameras, mobile phones, computers, telescopes, liquid crystal display (LCD) projectors, digital video disk (DVD) readers, scanners and facsimile machines, among others. The Company distributes its products within domestic market and to overseas markets.
NEWMAX TECHNOLOGY CO., LTD. 
