The Int’l Finance Corp (IFC) will work with AMATA, a provider of smart cities and industrial zones, to develop sustainability pjs in Thailand and the broader Mekong region.
Comment: I still have question marks over AMATA and the EEC story. It isn’t happening unless the PPRP can force it through a weak coalition government
AYUD: name change from Sri Ayudhaya Capital to Allianz Ayudhaya Capital, ticker remain unchanged, effective today.
Comment: If this name change happened a decade + ago it would have driven the share price through the roof.
BCP expects solid 2Q from stock gain and rising GRM to above $4, sets Bt100m capex for upgrading B100 bio-diesel plant in Ayudhaya.
MOONG upbeats 2Q earnings after 1Qnp +64.46% yoy supported by strong infant products sales in Laos +200% yoy in 1Q, seeks to add more prods in line up to boost margins, expects double digits revenue growth this year.
KWM eyes 20% full year revenue growth driven by OEM agriculture machinery orders from Siam Kubota and newly launched fertilizer mixer machine, expects more orders 2Q on planting season.
SF firms on 5% revenue growth target supported by higher OCC & re-price rental rates, expects to wrap up deal with The Marvel Experience theme park before end of-May.
Comment: I have my doubts on the profitability of any theme park. Then again this isn’t a full blown one done by SF.