Sky Box Entertainment Company Limited announced a private placement of 200,000 shares at an issue price of THB 100 per share for gross proceeds of THB 20,000,000 on November 9, 2021. The transaction will involve participation from M Pictures Entertainment Public Company Limited for 90,000 shares for 45% stake, Thai Broadcasting Company Limited for 70,000 shares for 35% stake and Tohgloam Television Co., Ltd. for 40,000 for 20% stake in the company. The transaction has been approved by the board of directors of the directors of M Pictures Entertainment Public Company Limited.

The transaction is expected to close within December 2021.