TFM establishes subsidiary in Ecuador, holds 85.19% stake, ventures into aquatic animal business

Corporate Action
โดย Kaohoon·THEC·Read original
Summary · why it matters

Thai Union Feedmill Public Company Limited, or TFM, announced that the registration of its subsidiary in Ecuador for the aquatic animal business has been completed on September 4, 2026. The subsidiary, named Thai Union Feedmill Ecuador S.A.S., has a registered capital of 27 million US dollars, divided into 27 million ordinary shares with a par value of 1 US dollar per share. TFM holds 23 million shares, representing 85.19%, while AVANTI FEED LTD. holds 3 million shares, or 11.11%, and PACIFIC AQUA SOLUTION PACSOL S.A.S. holds 1 million shares, or 3.70%. Together, the three shareholders hold 100% of all shares. Additionally, the company plans to increase the registered capital and adjust the shareholding structure of the subsidiary to enhance liquidity and support future business expansion, as well as to establish business partnerships in Ecuador.

Impact on stocks 1

Consumer Staples▲ · 1 stocks
Thai Union Feedmill PCL
TFM
▲ PositiveCapitalrelevance

TFM completed registration of an Ecuador subsidiary with $27M capital, holding 85.19%, to expand its aquatic animal feed business.

Off-coverage companies 2

Avanti Feeds LimitedPrivate± Mixed
Capitalrelevance

Avanti Feeds' subsidiary AVANTI FEED LTD. holds an 11.11% stake in TFM's new Ecuador subsidiary; only a passing stake mention.

Pacific Aqua Solution PACSOL S.A.S.Private± Mixed
Capitalrelevance

PACSOL holds a 3.70% minority stake in TFM's new Ecuador subsidiary; no independent impact stated.

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