Bangkok River Terminal Company Limited announced a private placement of 15,000,000 shares of par value 10 per share for the gross proceeds of THB 150,000,000 on January 18, 2019. Post closing of the transaction, the registered capital of the company will increase from THB 150,000,000 to THB 300,000,000. The transaction include participation from existing investors Sahathai Terminal Public Company Limited (SET:PORT) for 8,250,000 shares acquiring 38% stake and Mitr Phol Sugar Corporation Limited acquiring 29% stake, and new investor Inland Services B.V. acquiring 33% stake of the company. The transaction has been approved by the directors of Sahathai Terminal Public Company Limited (SET:PORT) for the partly subscription of newly issued ordinary shares of company, totaling 3,150,000 shares. The company expects to close the transaction within the third quarter of 2019.