Energy Earth Public Company Limited (SET:EARTH-R) announced a private placement of 527,828,572 shares at THB 7 per share for gross proceeds of THB 3,694,800,004 on October 27, 2015. Each share has a par value of THB 1. The transaction will involve participation from Endang Akhmad Yani, Kamsiah, Amrianto, Agustina, and Nurhayati. The transaction has been approved by the board of directors of the company and is subject to the shareholder's approval, which is expected to be received on November 30, 2015.