Virapan Pulges, Managing Director of TICON, disclosed that the 'TGROWTH' investment will be divided into 2 parts, namely: Initial Investment Part 1 - The fund will issue investment units through IPO process in order to invest in leasehold rights in the land and 38 units of factory of TICON, for the period of 30 years, and leasehold rights of the land and 50 units of warehouse of TICON Logistics Park Company Limited (TPARK), for the period of 30 years; and Initial Investment Part 2 - The fund will make the investment in leasehold rights of the land and another 2 units of factory of TICON for the period of 30 years, to be funded by loans from commercial banks.
I believe that TGROWTH, with a mixture of factory buildings and warehouse buildings and strong cooperation from TICON and TPARK as property managers having more than 20 years of experience in developing factory and warehouse for rent in Thailand, will draw strong interest from investors.
NORDIC BUSINESS REPORT-1 July 2004-NCC Construction AS and Ticon Eiendom AS plan major housing project in Norway(C)1994-2004 M2 COMMUNICATIONS LTD http://www.
The agreement, signed with Ticon Eiendom AS, covers the planning and construction of 430 residential units with an adjacent small boats harbour with berths for 230 boats.
The divestiture of the Industry and Offshore division in former Ticon
Isolering as of Jan.
6 million) from the sale of the Industry and Offshore Division of Ticon
Isolering which was effective on January 2, 1996.
In addition, the sale of the Industry and Offshore Division in what was previously the Ticon
Isolering company was effective at year end and, beginning in 1996, will enable us to focus our attention on those segments of our contracting business which provide the highest earning potential.
This applies particularly to Ticon Isolering which will have considerably higher activity during the second half of the year.
2) Includes pro forma results of Ticon Isolering which merged with Unitor in May, 1994 in a pooling of interests transaction effective as of January 1, 1994.
The addition of Ticon
Isolering (insulation and refrigeration), Svenska Skum and Ginge-Kerr (fire and safety) position Unitor to participate in the maritime new construction market with a comprehensive package of products and services that will eventually bolster the growth of our traditional businesses as well.
Welker is a hugely respected voiceover artist in Hollywood having played more than 1,200 characters, voicing all the Decep- ticons
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