Samart Digital Public Company Limited announced that it expects to receive THB 1 billion in funding from Advance Capital Partners Asset Management Private Limited, ZICO Asset Management Pte. Ltd.

Samart Digital Public Company Limited announced a private placement of convertible debentures for the gross proceeds of up to THB 1,000,000,000 on March 18, 2022. The transaction will include 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 was approved by the shareholders of the company at its Extraordinary General Meeting No.

1/2022.