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The expansion project is to increase production capacity for motor compressors for air-conditioners and commercial refrigeration products to 500,000 units per year.

INTER FAR EAST ENGINEERING's board approved the cessation of its restaurant business in Shanghai, China. The investment was made through its subsidiary Inter Far East (Hong Kong), which holds a stake in the restaurant through Supreme Thai. The decision to wrap up the operation results from continued losses and no prospects of a turnaround in the foreseeable future.

SAHAMIT MACHINERY posted a third-quarter net profit of Bt42.88 million, up from Bt38.25 million in the same period last year.