Chai Watana Tannery Co., Ltd. announced that it will issue 200,000 common shares at a price of THB 100 for gross proceeds of THB 20,000,000 on June 14, 2023. The transaction has been approved by the board of directors of the company. The company is expected to close the transaction within June, 2023.

The transaction will include participation from existing shareholders. The company will increase its registered capital from THB 80,000,000 to THB 100,000,000.