CPN sets 3 yrs capex plan at Bt22b to revamp existing 12 malls, expands 3 mixed use pj, add retail & office spaces, to raise residential ppty rev to 12% from current 7-8%.

Comment: What economic slowdown? CPN is still going gangbusters, I wonder what is going to happen to the Mall Group in the future?

IVL was among 112 companies the UN Human Rights Council (Blacklist) published on Wed that are conducting biz in West Bank settlements, raising particular human rights concerns. Other includes Airbnb, Expedia, TripAdvisor and Motorola.

Comment: Hence the -7% share drop at the open this morning, not sure that it actually has an impact on the business

PSH launches Bt1.1b townhome pj, The Connect Ramindhra, px w/in Bt2-3m range, presales kick-off next week (Feb 22-23)

ZEN t/g 10% rev growth driven by franchise sales of ZEN, Musha & Kiang restaurants, will add 260 outlets this yr, teams up GRAB & Food Panda to boost delivery sales.

Comment: I think they’re a decent operator and appear to have a decent management team in place to execute.

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