Thailand’s Betagro to finance expansion with IPO funds

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Betagro plans to list on the Stock Exchange of Thailand and sell 500 million shares or 25% of the company’s outstanding shares. It will use the IPO proceeds to finance expansion, build new farms and factories, and repay debts. Vasit Taepaisitphongse, CEO and President, said the company has an inves...

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Joint-Editor, Asian Meat Magazine and Meat Insider, Bangkok, Thailand. The African swine fever hitting the pig industry in Thailand as kept Payungsak busy, writing, ‘Support required for small-scale pig farms affected by ASF’ for the Pig Health Monitor.