Padaeng Industry has announced that its Board of Directors has approved the acquisition of 51% stake in two new world-class hotels: Four Seasons Hotel Bangkok, and Capella Hotel Bangkok. The acquisition extends the company’s push into Hospitality following on from its acquisition of a hotel development site in Sathorn earlier this year, which it intends

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“Sadawut Taechaubol” – as a new leader of PDI announced to move forward to restructure the current businesses with primary focus on sustainable growth, and to sell assets from zinc business including factory land in Rayong. With PDI’s financial position and cash on hand of over 2 billion baht ready to be deployed for new
PDI shareholders approved the dividend payment of 1.50 Baht per share and issuing 75.33 million free warrants through the rights offering for existing shareholders only. The shareholders also approved an increase in the Company’s capital and the issue of 75.33 million new shares to accommodate future warrant conversions. PDI has a positive outlook for 2018
PDI is speeding up its new investment plan to achieve its target in the second half of this year. Thanks to PDI’s recent strong financial performance, the company now has more than 2 billion baht ready to invest. The company’s solar farm business is expected to increase capacity by 100 megawatts this year. PDI is
PDI said its 1Q2018 earnings results met expectations with a net profit of 97 million Baht from renewable energy businesses and zinc trading. The Company is confident to invest more to expand its new business and to sustainably build income and profit. It aims to increase the capacity of solar farms with 100 megawatts this
PDI Energy now targeting to increase capacity by 100 MW this year Strong financial position with cash for new investment 2 billion Baht Mr. Francis Vanbellen, Managing Director of Padaeng Industry Public Company Limited (PDI), said Our second solar farm, in Nogata, Japan, with a capacity of 11 megawatts, started its commercial operation on March