TEAM Consulting Engineering and Management Public Company Limited announced a private placement of not exceeding 70,000,000 common shares with a par value of THB 0.50 per share at an issue price of THB 4.60 per share, for the gross proceeds of THB 322,000,000 on February 23, 2024. The transaction has been approved by the shareholders of the company and is subject to approval of 2024 Annual General Meeting of shareholders to be held on April 25, 2024. The transaction will include participation from new investor Ditto (Thailand) Public Company Limited for for 38,000,000 shares for 4.28% stake for THB 174,800,000, Site Preparation Management Co., Ltd. for 2,000,000 shares for 0.23% stake for THB 9,200,000 and individual investors Pornphan Amornrojworawut for 8,000,000 shares for 0.90% stake for THB 36,800,000, Sataporn Ngamruengphong for 4,000,000 shares for 0.45% stake for THB 18,400,000, Sompong Cholkadeedamrongkul for 4,000,000 shares for 0.45% stake for THB 18,400,000, Dr. Rachaneewan Akharawikrai for 4,000,000 shares for 0.45% stake for THB 18,400,000, Denpong Somapa for 2,000,000 shares for 0.23% stake for THB 9,200,000, Mungkorn Trachu for 2,000,000 shares for 0.23% stake for THB 9,200,000, Pitpring Pongnukrausiri for for 2,000,000 shares for 0.23% stake for THB 9,200,000, Teeranont Wiwatjesadawut for 2,000,000 shares for 0.23% stake for THB 9,200,000 and Phawee Wiwatjesadawut for 2,000,000 shares for 0.23% stake for THB 9,200,000.