Thailand Purple Line readies for 2016 debut pending cabinet OK — The long delayed Purple Line mass transit project ids expected to be operational by 2016 as the operating and maintenance contract is expected to be approved by the cabinet after Songkran, says BMCL. The construction of the 16-km route is halfway done, said BMCL […]
Read More →Sells > Buys; 5.6 bn vs 1.3bn Buys- AH, BANPU, BGH, BLAND, EPCO, GFM, JUTHA, KCE, PS, SIRI, TICON, TONHUA, TPIPL, TTA, TVI Sells – AMATA, BGH, BTS, GFM, KK, NWR, OFM, PPC, PS, SAMART, SCC, SIRI, TCC, TFI, TICON, TPIPL, TUF, VIBHA Note: All mentioned tickers have values of THB 20 mn in transactions […]
Read More →CPF unaffected by China flu — CPF said the spread of a new bird flu virus strain in China and Vietnam has not affected the company’s businesses there. CPF funs feed mills in China and in Vietnam it focuses on pig and shrimp farms, said president and CEO Adirek Sripratak on Tuesday. He also said […]
Read More →KBANK sells Bt8bn mortgages to free up funds — KBANK has sold mortgages worth Bt8bn to SME to free up funds for more lending and eliminate the need to raise capital. KBANK believes the asset sale will allow it to lend more to homebuyers at its current capital adequacy level and will also generate a […]
Read More →Notable Transactions Buy(s) AH – Founder continues to buy up more shares, this time THB 43 mn BGH – Same story THB 200 is coming GFM – Now this interesting a THB 70 mn purchase buy two directors, must’ve been off market as there usually is barely any liquidity here. POST – Major shareholder and […]
Read More →ADVANC AIS aims to run 3G service using TOT’s frequencies — ADVANC is moving ahead with pans to negotiate with concession owner TOT to run 3G mobile services on the state telecom enterprises three frequencies. The move came after the NBTC last week voted overwhelmingly in favor of the contentious 3G network contracts between TRUE […]
Read More →North Korea, Bird Flu, and local politics making noise pretending to be important all resulted in the market having a difficult week.
Read More →Thailand MPC edgy but maintains rate — The Monetary Policy Committee yesterday voiced stronger concern over the brisk trade in property and equities and the surge in bank credit but till kept its policy interest rate unchanged at 2.75%. With one member absent, the MPC voted 5:1 to hold the rate and vowed to keep […]
Read More →DTAC DTAC continues 3G network expansion — DTAC vows to be at the forefront of the 3G mobile broadband market this year thanks to its upgraded network platform. It expects to almost triple its 3G mobile subscribers from 3.5mn to 10mn this year using its 850- and 2100 MHz frequencies. It is able to install […]
Read More →Well its a question we’ve been asking for a while, so last week we decided to take a quick a look at how the sector weightings have changed since the end of ’07 and its quite surprising. In the past we’ve always taken for granted that Resources were the biggest weighting in the SET, however […]
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