Minor unveils B37bn strategy | Bangkok Post: business

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Minor unveils B37bn strategy

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Minor International Plc, a food and hospitality group, set its five-year investment plan for 2014-2018 at 30-37 billion baht to expand both its food and hotel businesses. 

Of the total, 20-25 billion will be used to diversify its existing business, while 10-12 billion baht is for new investment opportunities, likely hotel acquisitions, said Chaiyapat Paitoon, vice-president for strategic planning.

"With our aggressive investment plan, we hope our earnings will rise 15-20% and the return on investment will be 16% over the next five years," he said.

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