JCK International Public Company Limited announced that it will issue 1,692,002,394 new ordinary shares on November 14, 2022. The transaction will include participation from existing shareholders for 653,642,292 new ordinary shares. The allocation of these shares be completed within the next date of the Annual General Meeting of Shareholders which will be determined by the company or within the date of the Annual General Meeting of Shareholders which will be determined by the law, whichever date is earlier.

The allocation of 326,821,146 new ordinary shares is via private placement from time to time to investors. The price for these shares will be determined by the institutional investors through book building process or the weighted average of share price trading on the stock exchange of Thailand for not less than 7 consecutive trading days but not exceeding 15 consecutive trading days prior to the determination date of the offering price of such shares in each time, whereby such weighted average of share price is required to use the average price of shares trading in each day. The amount not exceeding 711,538,956 shares to be reserved for the conversion of the convertible debentures to specific investors, namely Advance Opportunities Fund and Advance Opportunities Fund 1 as approved by the extraordinary general meeting of shareholders.

The transaction is approved by the board of directors of the company.