Asia Aviation Public Company Limited announced that it will issue 5,028,571,429 shares at a price of THB 1.75 per share for gross proceeds of THB 8,800,000,000 to 7 investors and 2,200,000 units of convertible bonds at a price of THB 1,000 per unit for gross proceeds of THB 2,200,000,000 and 1,714,285,714 common shares at a price of THB 1.75 per share for gross proceeds of THB 3,000,000,000 and total gross proceeds of THB 13,000,000,000 on November 26, 2021. The company will pay THB 194,850,000 as issue expenses in the transaction. The transaction has been approved by the Extraordinary General Meeting of Shareholders No. 1/2021.