Mr. Worawat Chinpinkyo, CEO of Thai Coconut PCL (SET: COCOCO) announced that he purchased additional 1.75 million of COCOCO shares at the price between THB 7.75 to 7.79, which totals up to THB 13,627,750. The transactions were processed on 15 and 16 November which increased CEO’s stake to 331.75 million shares or 22.57%, as he was confident in the company’s growth in both domestic and global markets.
After COCOCO listed on Stock Exchange of Thailand (SET) on 14 September, the company had an overwhelming increase in purchase orders, prompting COCOCO to expand its production lines. On 9 November, the company’s board of directors approved THB 650 million for the expansion of PET bottled juices productions.
