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Spiber (Thailand) Ltd. Announces Third-Party Allocation of New Shares Worth a Total of 1.14 Billion Thai Baht

May 27, 2019

Spiber (Thailand) Ltd., a subsidiary of Spiber Inc., has raised 1.14 billion Thai baht through the allocation of third-party shares. These funds will be used to drive the development of a large-scale production system. Following the issuance of these new shares, the company’s total capital has increased to 1.9 billion baht (including capital reserves).