Osotspa Enterprises Singapore Pte. Ltd. announced a private placement of 10,000,000 common shares on August 14, 2019. The transaction included participation from existing investor Osotspa Public Company Limited (SET:OSP). The capital of company will increase from $48,610,000 divided into 48,610,000 shares at $1 per share to $58,610,000 divided into 58,610,000 shares at $1 per share. The transaction has been approved by the board of directors’ meeting No. 8/2019 of investor. On August 28, 2019, the executive committee’s meeting No. 10/2019 of investor approved the transaction.