PV Wood Company Limited announced a private placement of 135,000 shares at a price of THB 100 per share with new investor, Vanachai Group Public Co. Ltd. for gross proceeds of not more than THB 13,500,000 on September 3, 2014. The investor is acquiring 50% stake in the company by acquisition of 5,000 shares from Somjairak Sahavat and will invest for 130,000 shares to retain its 50% stake in the company upon closing. The transaction has been approved by board of directors and Executive Committee of the investor. The transaction is expected to close by October 2014.

In 2014, PV Wood Company Limited closed the transaction.