Thai bourse supports young entrepreneurs in showcasing business plans

ข่าวทั่วไป Wednesday May 30, 2007 13:53 —PRESS RELEASE LOCAL

Bangkok--30 May--SET
The Stock Exchange of Thailand (SET) and its sister market for high-potential firms - Market for Alternative Investment (mai) — are hosting an event on June 6 where young entrepreneurs can present their business plans to listed companies and venture capitalists. The teams have already progressed through the final rounds of two prominent business planning competitions -- ‘mai Bangkok Business Challenge @ Sasin 2007’ and ‘Thammasat Asia Moot Corp? 2007’.
By making the finals of these competitions, they have demonstrated their ability to create innovative products and write superior business plans.
“The teams will have an opportunity to realize their business ideas and potential by presenting their plans to companies and venture capitalists, who might be looking for business extensions or new investment opportunities. The event is an exercise in business matching,” mai President Mr. Chanitr Charnchainarong said.
The five teams presenting are:
1) CropPro from Bangkok University, whose plan features straight vegetable oil and animal feed production from camelina sativa for use in industries such as bio-diesel industry.
2) Castilla Co., Ltd. from College of Management, Mahidol University, who will present a business plan for a rubber formulation company compounding natural and synthetic rubber with special additives and innovative processes to enhance consistency in rubber.
3) Oceanic Inc. from Sasin Graduate Institute of Business Administration, Chulalongkorn University, whose business plan features ‘AquaNes’, a 100% natural product, with clove oil as an active ingredient, for use as an anesthetic for fish during transportation.
4) Power Prawn from Thammasat University, who will present a business plan on the production of virus-free male and better quality prawns, which require a shorter farming period and have a higher survival rate.
5) Verdacure from Thammasat University, whose business plan features ‘PerioVerda’, a periodontal disease solution which inhibits bacterial growth and promotes re-growth of damaged gum tissue.
For more information, please contact the Corporate Communications Dept.:
Ladawan Kantawong Tel: 0-2229-2036 / Kulvida Jintakawong Tel: 0-2229-2037 /
Nattaporn Boonprapa Tel: 0-2229-2049 / Watsamon Saowakhonsathien Tel: 0-2229-2797

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