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Bangkok Post
Bangkok Post
Business

Dexon to expand overseas using proceeds from IPO

Petroleum, oil and gas businesses in the US and Europe are still said to be performing solidly despite ongoing economic issues in those regions, according to Ms Mallika.

Dexon Technology, a Thai company that provides pipeline inspection services, has decided to expand its business into the US and the Netherlands by using proceeds from its recent fundraising scheme.

The firm's board of executives approved the plan by setting up a wholly-owned subsidiary named Dexon Technology USA Inc, with registered capital of US$1 million, or around 33.8 million baht.

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