GPSC: acquires additional stake in Ratchburi Power (RPCL), an independent power producer with an installed capacity of 1,400mw from Toyota Tsusho Corp and Chubu Electric Power, company will indirectly hold 40.625% stake post transaction. GULF: CEO, Sarath Ratanavadi, sold 62m shares (0.41%) at Bt47 each to JPM Structured Products B.V., his group still hold 59.96% […]
Read More →ACE to cod 18 solar project combined 117mw in 2H, 6 already coded since Jul, t/g 53 project 468.63mw by eoy. AURA eyes 25-30% FY rev growth t/g driven by larger portfolio of Gold for Cash yoy above Bt8b, sees interest expense drops to 4-5% from 5-6% aft sold CD to refinance, mulls adding 156 […]
Read More →ERW reported liquidation of subsidiary, Erawan Philippines, in which it indirectly holds 100% of shrs thru Hop Inn Hotel Philippines, no impact on oper of the co., and other subsidiaries as the subsidiary has not conducting any oper. PTTEP completed acquisition of 34% stake in E&E Algeria Touat B.V., which oper onshore basin gas field […]
Read More →BA begins construction of Trat airport u/g, extending runway to 2.1km, building a new terminal to handle B-737 & A320 rather than just turboprops, enable airport to cope with larger traffic and int’l flights, t/g completion by mid-FY26. BTS mulls bringing back trip pkgs following delayed of Govt back Bt20 flat fare campaign, expects ridership […]
Read More →AUCT launches vehicle inspection service biz at Rangsit branch capacity 50 vehicles/day, seeks to branch out from auto auction to new biz, will open 2nd branch at HQ by eoy. Comment: Interesting, it’s still “value addedâ€, limited investment cost etc, and given their relationships with the banks and the tents, could they not become the […]
Read More →And Thailand’s PM Merry go-round continues. Is this the end for the Shinawatras? How many more female family members can Thaksin throw to the wolves? There’s enough analysis out there over the potential scenarios and who could be the next PM and/or the potential for the government being dissolved and new sham elections held. Sham […]
Read More →Notable transactions Buy(s) THB 4 mn Sell(s) THB 4 mn
Read More →ADVANC – TRUE – NBTC disagrees in principle with US demand to fully open up local telecom market to foreigners as part of recent tariff negotiations. TH’s type 3 telco license is closed to maintain national security where operators providing services to large number of consumers via their own network. US also asked TH to […]
Read More →AOT: JPN-based LCC, Zipair, will increase flights from Narita-BKK route from daily to 10 flights/week starting from winter timetable on Oct 27. ASIAN revised down FY revenue target to Bt10.21b from Bt11.36b, cuts GPM to 14-15% range due to impact from strong THB & US tariffs on frozen seafood exports, mulls expanding revenue from pet […]
Read More →Fitch Rating TH said 6 major banks, designated as domestic systematically important banks or DSIBs by BOT including BBL, KTB, KBANK, SCB, BAY and TTB, are likely to face rising assets risks over nxt several yrs, pressured by a continued rise in impaired loans, which has edged up frm 3.5% at eo-23 to 3.6% eo-24 […]
Read More →