HD Renewable Energy (TPE:6873) plans to inject up to 4 billion yen into its unit, HD Renewable Energy Japan, according to a Monday Taiwan Exchange filing.
Shares dropped over 4% in midday trade on Tuesday.
The move aims to meet the unit's operational funding needs and support expansion in the Japanese market.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.