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Published on November 20, 2007

The exchange wants to know if the buyers are related, according to president Patareeya Benjapholchai.

The Wongsawat family last Friday sold a combined 35-per-cent stake in the company to three buyers.

Wyncoast said buyers the Samprasit Group and Sorayudh Petchtrakul were related but had no relationship with another purchaser, Jak Chamikorn.

"If they're all the same group, we must consider whether their combined holding has exceeded trigger points of 25 and 50 per cent."

Thai quality

The Department of Export Promotion will host its Made in Thailand 2007 exhibition at Impact Muang Thong Thani from November 30 to December 10.

Director-general Rachane Potjanasuntorn said the fair would attract foreign buyers and stimulate end-of-year domestic spending.

More than 1,500 exhibitors in several sectors will attend. These include home-decorative items, textiles and garments, processed foods and herbal and spa products.

Price conflicts

The Internal Trade Department meets today with large supermarkets and rice packers, in a bid to solve conflicts regarding prices and contested fees.

Director-general Yangyong Phuangrach said rice packers had filed complaints with the department, saying they were forced to sell at lower prices to supermarket giants and pay fees.

The department will seek fair practises on both sides. Any agreement will be used as a model for other industries, including dairy products and vegetable oil, said Yangyong.

TNT awards

Global express-service provider TNT has been awarded five international certifications for its Southeast Asian operations.

It has been awarded International Organisation for Standardisation certificates in best practices in quality and environmental management, occupational health and safety, people development and social accountability.

The company appointed Wilson Tan as director of human resources, legal and corporate affairs, to evaluate more international standards that could be applied in the region.

"Southeast Asia is a key region for growth for TNT. Investing in key processes, standards and certifications sets the benchmark for our business and provides a strong foundation for further expansion in line with our global ambition to achieve 10-15 per cent revenue growth in 2007," said regional managing director Onno Boots.

 The Nation