Ferrum Public Company Limited (SET:FER) announced a private placement of 1,438,799,970 common shares at THB 1 per share for gross proceeds of THB 1,438,799,970 on January 6, 2017. Post the closing, the registered capital of company will increase to THB 3,444,799,874 from THB 2,005,999,904. The transaction was approved at the extraordinary general meeting of the company.