ICHI joins the CLMV SET Index, the green tea market in CLMV expected to grow

ICHITAN GROUP PUBLIC COMPANY LIMITED (ICHI), a leading manufacturer and distributor of Thai green tea, is one of 31 listed SET CLMV Exposure Index (CLMV) which officially came into effect on July 2, 2018. The SET CLMV Exposure Index (CLMV) qualification requirements consists of a proportion of CLMV revenue not less than 10% of total revenue or not less than 100 millions, the value of securities at market price is not less than 5000 millions, and also the liquidity of the minority shareholders must be at least 20%.
Mr. Tan Passakornnatee, president & CEO of Ichitan Group PLC (ICHI), revealed that the company has proactive marketing plan in Cambodia, Laos, the Union of Myanmar and Vietnam to promote the proportion of overseas sales of the year to 30% of total revenue by the end of this year Increased from 25% last year. In addition, he believes SET CLMV will attract foreign investors who want to invest in stocks that benefit from the growth of CLMV.