TRITN Books a Funding of ฿490m from “Zico Trust” to Ready for Domestic/Int’ Competition

Mr. Chirdsak Kukiattinun, Chief Executive Officer of Triton Holding Public Company Limited (TRITN), has made a report to the Stock Exchange of Thailand regarding the acquisition of a full-amount payment for capital increase from Zico Trust (s) Ltd., one of the two companies involving in private placement offering, as Trustee of Asia Alpha Equity Fund 3 (AAEF3) for a total of 1,400,000,000 shares, amounting to THB 490,000,000 at the price of ฿0.35/share along with the voluntary silent period for shares or convertible securities offered through private placement to build confidence for investors and show the strong intention of investment from both private investors.

In May, TRITN had also received THB 70,000,000 from the private placement allocation of 200,000,000 common shares at the price of ฿0.30/share from Brooker Group Public Company Limited, indicating the intention of funding the company to compete and partner in domestic and international.

In addition, the potential of TRITN does not stop at construction business, but the company is eyeing to enter energy business, believing that the ability and company structure from construction business will pave an opportunity for the successful in the energy business.