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BUSINESS, News

[17 Jul 2009 | No Comment | 547 views]
CPF plans to buy $24-mln shares in Taiwanese affiliate

Charoen Pokphand Foods Plc (CPF), Thailand’s leading feed mill and food producer, plans to buy a total of 75,194,164 shares of Charoen Pokphand Enterprise (Taiwan) Co Ltd, worth about US$24.12 million or 826 million baht, as part of its attempt to boost oversea business. 

CPF has received an approval from its board of directors since Wednesday, July 15, to purchase the amount of shares, equal to 32.41 percent of the stake in Taipei-based Charoen Pokphand Enterprise (CPE), from five existing shareholders through its wholly owned subsidiary CPF Investment Limited (CPFI).
The …

BUSINESS, News

[8 Jun 2009 | No Comment | 870 views]
CPF plans to expand to Ukraine and other Eastern European countries

Newly opened CPF's feed mill in Russia

Charoen Pokphand Foods Plc (CPF), Thailand’s leading agro-industrial and food conglomerate, has planned to expand its investment to Ukraine and other Eastern European countries after opening a feed mill in Russia last month.
Adirek Sripratak, CPF’s president and chief executive officer, however did not elaborate on the plan to invest more in the region but confirmed that the investment in Russia is a very important step for the company.
Adirek last Friday disclosed that the feed mill and integrated swine business, which had been officially opened …