King Wai Media Limited announced that it will issue 35,000 shares at a price of THB 100 per share for gross proceeds of 3,500,000 on May 12, 2021. The transaction will include participation from existing investor King Wai Group (Thailand) Public Company Limited (SET:KWG). Pursuant to the transaction, the registered capital of the company will increase from THB 1,000,000 to THB 4,500,000. The transaction has been approved by the board of directors of the company's parent.