Thai seafood exporter Thai Union Frozen has launched campaigns in the UK and the US, aimed at persuading foreign investors to buy the company’s shares.
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TUF president Theerapong Chansiri said the company’s shares were attractive because TUF had made strong gains in the last five years and has a presence in the US market, reported Business Day.
“We have paid interim dividends of about 70% of net profit in the past two years and the company also has low debt-to-equity ratio,” he added.
TUF, Asia’s largest canned tuna exporter, owns New-York based Empress International, as well as Chicken of The Sea, which controls 18% of the US canned tuna market.
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