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Published on February 6, 2008

Loxley owns a 51-per-cent share while Gillon and L-TAG managing director Graham Storah jointly secure the remainder.

L-TAG said Thailand's security-equipment market had grown 30 per cent per year, making it a promising business opportunity.

CP's Dhanin heads COCEA

Charoen Pokphand Group chairman and CEO Dhanin Chearavanont was appointed first president of the China Overseas Chinese Entrepreneurs Association (COCEA) on January 16 in Beijing, China.

COCEA was initiated by the Chinese government and formed by over 200 Chinese businessmen from around the world. The main role of the association is to consult Chinese businesses in matters related to local and international trade and investment.

Dhanin said he was honoured to receive such a nomination and the reason for his election as president of COCEA was not because of CP Group's size and scope but the "three-benefit philosophy" the organisation has always adhered to whereby the country, the society and the organisation (investor) must simultaneously and mutually benefit at all times.

CP Group's philosophy has been carried out in every country it has invested in and its implementation has been well received.

The Nation