BCP BCP expanded its upstream petroleum business with the acquisition of a Bt3.76bn field in Norway. (Kao Hoon, 22/6/18) BEM BEM has amended its agreement with CK to speed up the construction of the Blue Line, targeting operational startup on August 14, 2019, ahead of the original schedule of September 2019. (Kao Hoon, 22/6/18) GPI […]

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ADVANC ADVANC opened up its AIS Next G service to run on all makes of Android smartphones. The company’s Next G app allows the company to penetrate 15 million Android smartphone users. The company expects revenue to grow 7-8% this year. (Kao Hoon, 8/6/18) AGE AGE expects operations to be good in 2Q18 as coal […]

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CPN CPN to invest Bt5bn to launch Central Village, expected to open in 3Q19. It will book revenue from new department stores. In 2H18, it will open two new stores. (Khao Hoon, 25/4/18) Comment: Management has publicly come out to say that this is to target tourists in Thailand, although they put the % at […]

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BGRIM TRIS revises BGRIM rating to A with stable outlook with current total production capacity of 1779 MW and to reach 2518 MW in 2022. (Khao Hoon, 11/4/18) BTS BTS says FY2019 revenue will grow 200%, driven by the South and Green mass transit lines (BaringSamut Prakarn) startup in December. It is also going to […]

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AP AP posted 1Q18 presales growth of +168%, reaching Bt10bn or 30% of its presales target of Bt33.5bn. It plans to open 34 new projects worth Bt49bn. It aims to be in the top 3 in Thailand’s property sector. (Thun Hoon, 4/4/18) BEM BEM says that auction documents for motorway projects Bangpa-in-Korat and BangyaiKarnchanaburi will […]

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BCPG BCPG is cooperating with IEAT to develop a “smart grid” in Smart Park industrial estate in Rayong to support foreign investors coming to Thailand. It projects this will be able to generate electricity of 60-100 MW and the investment cost will be Bt40mn/MW. (Thun Hoon, 22/03/18) Comment: Well then another group making a move […]

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I would love to see this implemented throughout the world. Companies do forget at times that shareholders, no matter how small, are owners of the business and in the end they have to answer to them. So it’s a refreshing to see this type of letter being published and distributed. As usual here’s some snippets […]

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CBG CBG is talking with new partners to further its intention to increase revenue from overseas and raise 2017 revenue proportion from overseas to 50% of total sales. It expects 2018 sales to make a new high after seeing signals of a strong economic recovery and continuous overseas market expansion. It also said that sales […]

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AIA AIA has increased its potential to be a leader in insurance market in Australia and New Zealand via an acquisition and 20-year partnership to sell insurance through banks. It expects this will add significant value to its business and create substantial growth in both revenue and earnings. (Thun Hoon, 2/10/17) ANAN ANAN reports that […]

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