Charoen Pokphand Enterprise (Taiwan) Co., Ltd. (TPE:1215) announced a purchase program for Charoen Pokphand Foods Public Company Limited (SET: CPF)’s shares at a total value not exceeding NT$1 billion.
According to Refinitiv, citing a filing from Charoen Pokphand Enterprise (Taiwan) Co., Ltd, the Board of Directors of Charoen Pokphand Enterprise (Taiwan) has approved an investment in Thailand’s CPF from a centralized market in Thailand at the amount not exceeding NT$1 billion (approx. THB1.11 billion).
CPF is currently the largest shareholder of Charoen Pokphand Enterprise (Taiwan) at 18.38% and Charoen Pokphand Group is the second major shareholder at 10.00% as of 31 May 2023.
