Alpha Divisions Public Company Limited announced a private placement to issue not more than 2,562,500,000 at an issue price of THB 1.130 per share for gross proceeds of THB 2,895,625,000 on May 12, 2023. The transaction will include participation from new individual investors, Manat Piyatrueng for 1,100,000,000 shares, Vivat Kittiphongkosol for 300,000,000 shares, Yanee Jiraprapakarn for 25,000,000 shares, Thepparit Suknaruelah for 20,000,000 shares, Kawin Suknaruelah for 17,500,000 shares, and returning individual investor, Ekaphanh Phapithack for 1,100,000,000 shares. The transaction has been approved by board of directors of the company and is subject to the shareholders' approval.