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Bangkok Post
Bangkok Post
Business

Toshiba reassures local customers

Toshiba Thailand Midea Japan Industrial Partners Inc Toshiba Corp Japan
Toshiba's home appliances business in Thailand has been managed by Toshiba Thailand Co since August 1969.

Toshiba Thailand is telling customers its business will not be affected by Toshiba Corporation's recent acceptance of a buyout offer for about ¥2 trillion (500 billion baht) from a group led by domestic private equity firm Japan Industrial Partners Inc (JIP).

Kobkarn Wattanavrangkul, chairwoman of Toshiba Thailand Co, yesterday said she remained confident in the company's future even with the parent's ownership changing.

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