Finansa Fund Management Agrees to Invest US$6.6 Million in NEO Corporate (Asia)
Posted On: 11 Jan 2017 | Source: Finansa Fund Management
Finansa Fund Management (FFM), a wholly-owned subsidiary of Thailand-based financial services and investment firm Finansa, has agreed to invest THB237 million (approximately US$6.6 million) in Thailand-based household and personal care products manufacturer NEO Corporate. FFM will invest via a loan with a five-year term that is exchangeable into shares of NEO Corporate. NEO plans to use the funds to construct a new manufacturing facility and will seek a listing on the Stock Exchange of Thailand within three years.