Briefs

Shareholders of TICON Industrial Connection, a provider of factories and warehouses in Thailand, recently voted at an extraordinary general meeting to approve a capital increase by offering 735 million common shares to Frasers Property Holdings (Thailand) Co at Bt18 per share, for a total of Bt13.23 billion. 
The meeting also approved waiving a tender offer to buy the shares from TICON’s shareholders (whitewash) to FPHT. The company expects to be able to register the capital-increase shares on the Stock Exchange of Thailand by the end of January. 

SUPERBLOCK’S SOLAR FARMS
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Superblock reported to the Stock Exchange of Thailand that its subsidiaries 17 Anyawee Holdings Co, AIQ Energy Co and IQ Energy Co were producing electricity at four solar installations for government agencies and agricultural cooperatives. 
They have started commercial operations to sell power to the Provincial Electricity Authority. Total capacity of the four projects is 16 megawatts.

INDONESIA OPENS DUMPING PROBE INTO STEEL FROM CHINA, VIETNAM 
The Indonesian Anti-Dumping Committee (KADI) has initiated an anti-dumping investigation into relevant colour-coated steel sheet imports from China and Vietnam.
This was revealed by the Vietnam Competition Authority (VCA) under the Ministry of Industry and Trade.
VCA said the investigation could be implemented for 12 months and extended to 18 months if required.
Large Indonesian steelmakers are seeking an anti-dumping investigation and the imposition of tariffs on steel imports from both Vietnam and China.
KADI said that from July 2015 to June 2016, Indonesia imported 224,120 tonnes of colour-coated steel, of which imports from Vietnam and China were 196,191 tonnes, accounting for 87.5 per cent of the country’s total steel imports.
VCA said Vietnamese colour-coated steel has also been under investigation by Thailand following a complaint by NS BlueScope. The product can be subject to anti-dumping levies of 4.51 to 60.26 per cent in Thailand. – Viet Nam News