Note: Weekly movement as at 07 Nov 2014
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TUF: Wraps up deals for producers.
Thai Union Frozen Products Plc (TUF), the world's top exporter of canned and frozen tuna and shrimp, has announced completion of its acquisitions of seafood producers MerAlliance and King Oscar.
TUF in September announced it had agreed to acquire 100% of their assets.
President and chief executive Thiraphong Chansiri yesterday said the deals represented a strategic driver for TUF to double its revenue by 2020.
The acquisitions present TUF with opportunities to leverage its strengths and accelerate growth, he said.
The deals will be consolidated into TUF's sales and earnings report from this month forward.
MerAlliance is the leading European producer of chilled smoked salmon, with annual sales of US$220 million in the fiscal year ended March 31.
King Oscar, which produces premium canned sardines in Norway, the US, Poland, Belgium and Australia, generated $80 million in sales last year... FULL DETAIL
Asia Aviation: INTERPOL & AirAsia Reaffirm Commitment On Integration Of I-Checkit System.
AirAsia has reaffirmed its cooperation with INTERPOL to integrate the I-Checkit system to screen the passports of all its prospective passengers against information contained in the world police body's Stolen and Lost Travel Documents database.
Dato' Aziz Bakar, Director of AirAsia Berhad; Ronald K. Noble, INTERPOL
Secretary General and Malaysia's Minister of Home Affairs, Dato' Seri Dr Ahmad
Zahid Hamidi underlined the cooperation on the sidelines of the 83rd INTERPOL General
Assembly in Monaco... FULL DETAIL
Mermaid: Smooth Sailing In Offshore Oil Business.
Mermaid Maritime Plc, a provider of subsea and drilling services for the offshore oil and gas industry, is a subsidiary of Thailand-based shipping group Thoresen Thai Agencies Plc (TTA). Mermaid has been listed on the Singapore Exchange since 2007. Chalermchai Mahagitsiri, execitive vice-chairman and chief execitive, discusses his company's strategy and outlook.
What is Mermaid's business model?
Mermaid is a leading international subsea and offshore drilling services company incorporated in Thailand and listed on the Singapore Exchange. We provide full turnkey services to oil and gas majors through our diversified portfolio of subsea vessels, specialised diving equipment, remotely operated vehicles and drilling and accommodation rigs.
We have been in the business for over 30 years and today operate in five regions with a team of more than 1,000 professional divers, drillers, technicians, surveyors, management and support staff. Our vision is to be a premium service provider in the offshore oil and gas services industry and constantly deliver enhanced returns to our shareholders... FULL DETAIL
TOP - AM
Grand Ballroom 3rd Floor @ The Okura Prestige Bangkok
SNC - OppDay
1101 Room (11th fl.) The Stock Exchange of Thailand Building
PS - AM
Centara Grand at Central World Hotel Lotus Suite 7 Room.
BTS - AM
BTSC building, 1st floor
TFD - EGM
At Anantara Bangkok Sathorn, Sathorn 1 Room, No. 36 Narathiwat. Yanawa Bangkok
GLOW - AM
31st Floor, River Wing West, Empire Tower
BH - AM
At conference room B ,21st floor Bumrungrad Hospital.
MCOT - AM
Meeting Room, 6th Floor, PLC. MCOT.
BCP - AM
InterContinental Bangkok, Ballroom 2, 4th Floor
PTTGC - AM
Astor Room, The St.Regis Bangkok
EARTH - EGM
The Ballroom of the Landmark Hotel, located at 7th floor