Wice eyes Asian acquisitions

TUESDAY, SEPTEMBER 05, 2017
Wice eyes Asian acquisitions

Wice Logistics has conducted feasibility studies into acquiring “two or three” firms in Asia as part of its business expansion plans.

Chudet Kongsoonthorn, managing director – business development, said the company had set a budget of Bt200 million for the transactions.
The deals are expected to be finalised this year. The move is aimed to boost the contribution from overseas revenue to 50 per cent of total revenue within two years from the present 30 per cent.