date:Dec 20, 2012
Thai Union frozen products has announced it has bought an additional 2,989,999 shares of Pakfood for THB 54 (USD 1.76, EUR 1.33) per share.
The purchase brings Thai Unions total shares to 14,989,999, or a 49.97 percent stake in Pakfood.
One of Thailands leading frozen seafood processors and exporters, Pakfoods main products are frozen shrimp, pasteurized crab meat and ready-to-eat meals, and its T Time brand of value-added food products, namely dim sum, is marketed domestically.
Thai Union ac