PT Wintermar Offshore Marine Tbk (IDX:WINS) announced a private placement of 200,000,000 shares at a price of IDR 350 per share for gross proceeds of IDR 70,000,000,000 on February 5, 2018. The transaction will include participation from the returning investor PT Wintermarjaya Lestari. The transaction is expected to be closed by February 13, 2018. The securities issued are subject to hold period of 12 months from the date of issuance.