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Headline: Opening Malee’s can of worms Source: Euromoney Date: February 2001 Author: Gill Baker Pineapple canner and fruit-juice maker Malee Sampran’s business goes to the very heart of Thailand’s traditional economy. Despite the growth of new economy hi-tech manufacturing business in recent years, agribusiness is still the bedrock of the nation’s exports, with pineapples, rice and prawns among the largest exports. Stock Exchange of Thailand-listed Malee exports its canned fruit and juices to 63 countries. The company, though, is loss-making: its current liabilities exceeded current assets at the end of 1999, and it had not paid a dividend for six years. |
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