date:Aug 27, 2014
stake, in the joint venture expected to be set up in the fourth quarter.
The Indonesian partner has distribution channels in modern trade and convenience stores nationwide. This will help boost Ichitan's marketing and sales opportunity, the statement said.
The Thai firm said it plans to give a loan of 836 million baht in future funding to the Indonesia partner. When the loan is formally granted will depend on actual revenue and the construction of the new plant, Ichitan said.
In Thailand, Ic