Principal Next Co., Ltd. announced a placement of 80,000,000 common shares at an issue price of THB 10 per share for gross proceeds of THB 800,000,000 on December 19, 2023. The transaction will include participation from returning investor, Principal Capital Public Company Limited and/or loans from financial institutions. The transaction has been approved by the board of directors of Principal Capital Public Company Limited.

The company''s registered capital will increase from THB 200,000,000 to THB 1,000,000,000.