Taiwan Glass Industry's (TPE:1802) subsidiary, TG Chengdu Glass has deposited 80 million yuan in a structured deposit with Bank of Chengdu, according to a Monday filing with the Taiwan Exchange.
The deposit has been made for funds management purposes and takes the cumulative holdings of such products to around 180 million yuan.
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.