date:Aug 21, 2014
Thai hotel and fast-food chain operator Minor International Pcl plans to spend up to 37 billion baht ($1.16 billion) on expansion and acquisitions over the next five years, accelerating growth overseas to offset domestic weakness.
Minor, which competes with the likes of Yum Brands Inc and Central Plaza Hotel Pcl, said on Wednesday aims to spend 20-25 billion baht for expanding existing businesses at home and overseas, and the rest for buying new food and hotel assets outside Thailand.
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