Christiani & Nielsen DCM Co., Ltd. announced a private placement and it will issue 249,000 common shares at an issue price of THB 100 per share for gross proceeds of THB 24,900,000 on July 6, 2023. The transaction will include participation from returning investor, Christiani & Nielsen (Thai) Public Company Limited for THB 19,920,000, and Julian Richard Olds, Managing Director of the company for THB 4,980,000. Post-closing, the registered capital of the company will increase from THB 100,000 to THB 25,000,000.

The transaction was approved by the shareholders and it has passed a special resolution to increase its registered capital of the company.