Business nature of ICHI
Ichitan Group Public Company Limited engages in beverage business. Is a manufacturer and distributor of Ichitan Green Tea Drinks, ICHITAN Herbal Drinks and Non-Carbonated Fruit Drinks “Baile”. In 2014, the Company entered into a joint investment agreement with the Company. PT Artree Pacific (“AP”), a corporation incorporated in Indonesia. To co-invest in PT Ichitan Indonesia, a newly established joint venture in Indonesia. The objective is to produce and distribute the “Ichitan” brand of ready-to-drink beverages in Indonesia, where the Company and AP have invested in a joint venture in equal proportions (50 percent of the total issued and sold shares of the Company). Joint venture)
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