Turnkey Communication Services Public Company Limited announced a private placement to issue 64,627,200 common shares at an issue price of THB 25 per share for the gross proceeds of THB 1,615,680,000 on October 19, 2023. The transaction will include participation from new investor Sabuy Technology Public Company Limited. The transaction has been approved by the shareholders of the company.

On the same date, the company announced that it has issued 7,542,560 common shares at an issue price of THB 25 per share for the gross proceeds of THB 188,564,000 in the first tranche. The company has disclosed the issue expenses of THB 8,000.