WP Gas Co., Ltd. announced a private placement of 17,000,000 shares of par value THB 10 per share for the gross proceeds of THB 170,000,000 on January 17, 2019. The transaction will include participation from existing investor WP Energy Public Company Limited (SET:WP). Post the closing of the transaction, the investor holding stake in the company will remain unchanged i.e. 99.98%. The transaction has been approved by the board of the directors of the investor.