Mei Hong Holdings (Thailand) Co., Ltd. announced a private placement on July 8, 2024. The company issued 20,000 shares at issue price of THB 100 for gross proceeds of THB 2 million. .

The transaction included participation from new investor Nova Organic Public Company Limited will invest for 8,800 shares and acquires 44% stake in the company, individual investors MR. HUI WA HIM HEUSEN will invest for 7,800 shares and acquires 39% stake in the company, MR. WU SHI DE will invest for 2,000 shares and acquires 10% stake in the company, MR. JULIN UNAPHUM will invest for 1,400 shares and acquires 7% stake in the company.