Villa Kunalai Plc.

Villa Kunalai Plc.
30 June 2021

FYNNCORP assisted the property developer, Villa Kunalai, in raising funds by issuing a
90-million-THB debenture in October of 2020, and a 150-million-THB debenture in April
of 2021.

FYNNCORP also acted as the financial advisor for Villa Kunalai throughout the process of shareholder meetings to successfully issue a convertible bond with a value of 120 million THB, together with a right offering (RO) warrant for existing shareholders. As the independent financial advisor, the firm also provided a fairness opinion on a 420-million-THB investment transaction related to land and infrastructure acquisition for single house development project.