Thai Wah Plc, a starch and starch-based food company, plans to allocate 2 billion baht to boost its businesses through various projects, including mergers and acquisitions (M&As). Half of the budget will support its M&A plans while the remainder will go to its core business development. The company is currently in talks with prospective business partners in Thailand and overseas, with 2-3 deals currently under negotiation. “Thai Wah is talking with an Indian company as it plans to invest in India with a high market potential for starch products and vast plantation areas for cassavas,” said Ho …

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