More Return Public Company Limited announced a private placement of not more than 300,000,000 common shares for gross proceeds of THB 15,000,000 on November 14, 2022. The common shares have a par value of THB 0.05 per share. The transaction will include participation from returning individual investor Ummarit Klomchitcharoe.

Post closing, the investor's stake in the company will increase from 22.51% to 25.75%. The transaction has been approved by board of directors of the company and is subject to approval in extraordinary general meeting of shareholders to be held on November 30, 2022. Post the closing, the registered capital of the company will increase from THB 353,793,579.75 to THB 368,793,579.75.