CPI Trading Company Limited announced a private placement of 500,000 shares at THB 10 per share for gross proceeds of THB 5,000,000 with existing investor Chumporn Palm Oil Industry Public Company Limited (SET:CPI) on April 24, 2019. The registered capital of the company will increase from THB 50,000 to THB 5,050,000. Pursuant to the transaction, the investor will continue to hold 99.99% stake in the company. The transaction was approved at the Annual General Meeting of shareholders for the year 2019 of the company.