Company Reports
KHON KAEN SUGAR INDUSTRY reported consolidated net profit of Bt788.62 million in the three months ending July 31, the third quarter of its fiscal year. That was up from Bt93.15 million in the same period last year, citing increased sales of sugar overseas
In the quarter ending July 31, 2010, the company realised a Bt111.36 million fine on cancellation of sugar futures contracts.
CHAROEN POKPHAND FOODS
said its subsidiaries Asia Aqua-culture Sdn and CP Merchandis-ing Co had increased capital.Asia Aquaculture, a shrimp farming and processing plant in Malaysia, increased its registered capital from 50 million ringgit (Bt510 million) to 100 million ringgit. The proceeds will be used to expand capacity of its shrimp integration project in Malaysia.
CP Merchandising, an investment and international trading firm, raised its registered capital from Bt1.85 billion to Bt9 billion. The funds raised will be used for capital restructuring from CPF's loans.
PRECIOUS SHIPPING's
subsidiaries have acquired three newly built 57,000-deadweight-tonne Supramax vessels worth a total of US$79.5 million (Bt2.4 billion). After the acquisition, the company's fleet consists of 25 vessels with an aggregate capacity of about 727,782dwt.SOLUTION CORNER (1998)
said its wholly owned subsidiary Spring Corporation would increase its registered capital by Bt100 million to Bt200 million through an issuance of 10 million new shares for existing shareholders. The par value is set at Bt10 a share.The proceeds of the share issue will be used for Spring's working capital, acquisition of assets for operations, repayment of debts to directors and Solution Corner, and other investments.
