DITTO board approved jv with TEAMG & Wong Siam to expand water management business.
Comment: Not sure how this relates to their existing business model.
EGCO to acquire 49% stake in 609mw gas-fired power plants in Rhode Island, Cogentrix RISEC Holding, to strengthen presence in the U.S., transaction to be completed in 1Q23.
NRF cod-ed pet food plant, will begin exports from 4Q22.
Comment: Keeping our eye on this business unit. Even the donkeys at TU have done well in this industry.
PACO board approved issue free warrant (PACO-W1) to existing holders at 5:1 XW December 22, will use proceed to expand OEM & REM auto account production capacity.
TASCO sees FY22 asphalt sales volume fall short of 1.2m tons target caused by supply from lower cost producers in Middle East and South Europe, maintains 1.2m tons sales volume target next year.
Comment: Maybe in a few years when oil prices crash, this will be a roaring buy again.
TU’s pet food unit, I-Tail, to set final IPO price on November 28.
Comment: Looks like they figured out where the financial model is….