Thai beverages firm Malee acquires 65% stake in Vietnam’s Long Quan Safe Food


This acquisition, which is scheduled to be completed in the first half of this year, will help Malee expand its business in Vietnam market.

Thai luxury real estate firm V Property Development to launch IPO in 2019

It targets to have the project orders worth 8 billion baht ($251.4 million) before launching the IPO.

Sale of seven hotels in Thailand expected to mop up $388m in total

The portfolio for sale consists of four hotels in Phuket and one each in Bangkok, Hua Hin and Koh Samui, with an indicative price of $230,000 per key.

Thai SCG Packaging acquires majority stake in Malaysian firm for $26.5m

IPSB, the Malaysian firm, is a food-grade paper packaging company that serves global fast food restaurant chains.

Thailand Digest: Amata announces $157m investment; IRPC to close first acquisition

Amata will invest in land and infrastructure development for industrial parks in Vietnam and Thailand.

Thailand’s Charoen Pokphand Group to invest $156.8m in India over five years

The group’s retail arm Siam Makro PCL will open 15 wholesale cash and carry stores in India starting with Delhi-NCR.

Thailand: Jaymart’s venture arm targets raising $20m from ICO

The ICO proceeds will be used to develop a digital lending platform using blockchain technology for use by J Fintech, another Jaymart subsidiary.

Thailand’s Indorama to set up joint venture with South Korea’s Huvis in US

The 50:50 JV will develop and operate a low melting fibre (LMF) plant in the US.

Thai property portal ZmyHome raises $400k from KK Fund

With the latest funding, the company will expand its platform to cover other users, including banks and foreign owners.

Japan’s JR Kyushu buys Bangkok apartment complex for $90m

The project is the first major investment in Thailand by JR Kyushu.