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Thailand's Ticon Buys Land from Amata to Build More Factories.

Bangkok Post (Bangkok, Thailand)

| November 04, 2003 | COPYRIGHT 2003 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Kanana Katharangsiporn

Nov. 4--Ticon Industrial Connection Plc, a provider of rental factories in industrial estates and associated services, has spent more than 100 million baht to acquire land plots totalling 69 rai from Amata Corporation.

Ticon managing director Matthew Kuan said the company bought a plot of more than 40 rai in the Amata Nakorn Industrial Estate in Chon Buri and another one of almost 20 rai in the Amata City Industrial Estate in Rayong.

The company will invest another 300-400 million baht to build factories starting this month. They will be available for lease early next year.

He said the deal, made ...

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Source: HighBeam Research, Thailand's Ticon Buys Land from Amata to Build More Factories.

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