Thai Tap Plans to Expand Water Business in Asia, Krungthep Says
Stock Chart for Thai Tap Water Supply PCL (TTW)
Thai Tap Water Supply (TTW) Plc plans to invest 23.8 billion baht ($798 million) over five years, including expanding to neighboring Myanmar, the Thai-language Krungthep Turakij said, citing Managing Director Sompodh Sripoom.
Thailand’s largest non-state producer of drinking water, whose shares have doubled over the past year, is studying businesses in Myanmar, Laos, Vietnam and Indonesia, the report said. Investments would involve a joint venture or a takeover, Sompodh was quoted by the Bangkok Post as saying.
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