Univenture BGP Co., Ltd. announced a private placement of 4,750,000 common shares at a par price of THB 10 per share for gross proceeds of THB 47,500,000 on January 12, 2021. The transaction included participation from new investor B.Grimm Power Public Company Limited (SET:BGRIM) for THB 22,500,000 to acquire 45% stake, and returning investor Univentures Public Company Limited (SET:UV) for THB 25,000,000. Post closing, the registered capital of the company increased from THB 2,500,000 to THB 50,000,000.

The company has completed the registration of the capital increase with Department of Business Development.