Briefs

Jaraspon Rujirasopon, centre, marketing director of S Khonkaen Foods, yesterday announced an investment of more than Bt100 million in the rapid expansion of its Zaap restaurants for Northeastern-style foods.

The company expects to open up to 12 Zaap restaurants by the end of next year and plans to expand them in the next five years into potential markets where S Khonkaen has strategic partners.

S Khonkaen yesterday officially opened its third Zaap restaurant, on the fourth floor of Seacon Square shopping complex on Srinakarin Road in Bangkok.

TRIS affirms |Betagro's 'A' rating

TRIS Rating recently affirmed the current company rating of Betagro Plc at "A". With the outlook remaining "stable", the rating reflects the company's strength in business and partnership-building strategies, established expertise in the integrated agricultural and food industry, and its diversified product portfolio, TRIS said.

In addition, as part of its strategic funding scheme designed to pay partial debts and accommodate cash flow as well as to support business expansion, the company has assigned Siam Commercial Bank as manager of newly issued debentures and bills of exchange. The bank is also responsible for advising the company on the credit-rating process. - The Nation