C.I. Group Public Company Limited announced that it will issue convertible debt for the gross proceeds of THB 300 million in on August 15, 2023. The transaction will include participation from new investors, Advance Opportunities Fund, a fund managed by, ZICO Asset Management Pte. Ltd., Advance Opportunities Fund I, a fund managed by, Advance Capital Partners Asset Management Private Limited.

The transaction has been approved by the shareholders of the company.