PP PRIME Public Company Limited announced that it expects to receive THB 40 million in funding from Advance Capital Partners Asset Management Private Limited, ZICO Asset Management Pte. Ltd.

PP PRIME Public Company Limited announced a private placement of 40,000 convertible debentures at a price of THB 1,000 per debenture for gross proceeds of not more than THB 40,000,000 on January 30, 2024. The transaction included participation from returning investors Advance Opportunities Fund, a fund managed by Advance Capital Partners Asset Management Private Limited; and Advance Opportunities Fund I, a fund managed by ZICO Asset Management Pte. Ltd. The transaction has been approved at the extraordinary general meeting of shareholders.