C.I. Group Public Company Limited announced a private placement of 810,301,832 newly-issued ordinary shares, at the par value of THB 0.50 per share on March 19, 2024. The company shall submit an application to the Stock Exchange of Thailand for approval to accept the newly issued ordinary shares as listed securities and from the Company's Extraordinary General Meeting of Shareholders. The transaction includes participation from institutional investors.

The transaction has been approved by the board of directors of the company and is subject to approval of Extraordinary General Meeting of shareholders to be held on April, 30, 2024.