BreadTalk Group to buy stake in Thai plastic bottle manufacturer for $24.26m

The acquisition will provide access to Thailand and Mekong region markets.

BreadTalk Group subsidiary BTG Vault will acquire a strategic interest in NPPG (Thailand) Public Company for $24.26m (THB570m), equivalent to 380 million shares at 6.4 cents (THB1.5) each.

According to an announcement, BTG will buy 15% of NPPG in the first tranche before end-April 2019 and 5% in the second tranche before end-January 2020.

BTG CEO Henry Chu commented, “Our acquisition of this strategic stake in NPPG will provide us with a valuable beachhead in Thailand and potential Mekong region markets. NPPG’s access to a wide coverage of convenience stores in Thailand will offer the Group a ready distribution network for our products in future.”

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia