# Wiwynn Approves $450 Million Expansion, Plans 18 Million-Share Issuance for GDR Offering

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/51960
Published: 2026-11-09T00:55:17.000Z
Updated: 2026-11-09T00:55:17.000Z
Section: Business

> The company will use the GDR proceeds for foreign-currency purchases, including GPUs, ASICs and high-speed memory.

Wiwynn approved $450 million in capital increases for its U.S. and Malaysian subsidiaries and proposed 18 million new common shares for an overseas global depositary receipt (GDR) offering on Nov. 6.

The company will use its own funds for the subsidiary investments. Its U.S. unit, WYMUS, will receive $250 million, bringing cumulative investment there to $800 million. Malaysia’s WYMY will receive $200 million, raising cumulative investment to $427.5 million. The U.S. funding is intended to support local assembly, testing and delivery, while the Malaysia investment will expand production capacity in Southeast Asia.

For the first nine months, revenue totaled NT$989.28 billion and net income attributable to the parent company was NT$52.448 billion. Operating income reached NT$70.127 billion, with a 7.09% operating margin. Basic earnings per share were NT$94.04 after retroactive adjustment for a September stock dividend.

Wiwynn plans to use the GDR proceeds for foreign-currency purchases, including GPUs, ASICs and high-speed memory. The company also completed the conversion of overseas unsecured convertible bonds into 23,825,727 common shares on Nov. 6.