K.C. Property Public Company Limited announced that it expects to receive THB 650 million in funding from Advance Capital Partners Asset Management Private Limited, ZICO Asset Management Pte. Ltd.

K.C. Property Public Company Limited announced a private placement of 650,000 convertible debenture at a price of THB 1,000 per debenture for gross proceeds of not more than TBH 650,000,000 on June 18, 2024. The transaction included participation from new investors Advance Opportunities Fund, a fund managed by Advance Capital Partners Asset Management Private Limited, Advance Opportunities Fund I, a fund managed by ZICO Asset Management Pte. Ltd. The transaction has been approved at the extraordinary general meeting of the company.