CSM Capital Partners Co., Ltd. announced a private placement of common shares for gross proceeds of THB 35,000,000 on April 18, 2022. The transaction will include participation from returning investor, Syntec Construction Public Company Limited. Post-closing, Syntec Construction Public Company Limited will retain its 60% stake in the transaction.

The transaction has been approved at the Syntec Construction Public Company Limited's board of directors meeting No. 4/2022.