Chailease International Company (Malaysia) Limited announced a private placement of 124,595,852 common shares at the price of $1.2681 per share for gross proceeds of $158 million on February 1, 2024. The transaction include the participation from returning investor Chailease Holding Company Limited. The investor continue to retain its 100% stake in the company.

The transaction has been approved by the board of directors of the investor.