Notable Transactions Buy(s) – THB 250mn GFM – Family transactions still ongoing WAT – This company has had one silly history, its changed its name a few times, shareholders, projects, but ok a direcor Sell(s) – THB 144mn GFM – See above
Read More →Hahaha…no comment..said enough in the past.. The defunct fitness company California WOW Plc cheated its customers and shareholders by reporting losses while transferring 1.7 billion baht out of the country over 10 years, officials say. The Anti-Money Laundering Office (Amlo) made the revelation on Friday, saying it believed as many as 10 people were involved […]
Read More →SCB To focus on used car loans. SCB plans to expand more into high-yield used car loans. The bank plans to increase the portion of used car portfolio to 40% of total hire purchase (HP) loans by the end of this year (vs 35% currently). By area, provincial lending is slated to make up 45% […]
Read More →PF: Plans community malls worth Bt19.5b. Property Perfect (PF) plans to invest Bt19.5b over three years to develop four community malls in Bangkok before putting them into a property fund by 2015. The first two projects, Metro West Town on Kalapapruek Road and Metro East Town in Lat Krabang district, will start construction by 3Q13 […]
Read More →A helluva lot of transactions last week. Notable Transactions Buy(s) THB 458mn BTS – The owner buys back a huge amount of shares, THB 66 mn worth, perhaps in anticipation of the special dividend that will be annouced CPF – Fairly odd transaction here by the Vice President buying 2.7 mn shares @ 30 and […]
Read More →Eureka Eureka Design is expediting negotiations on business prospects in India and Indonesia, which it hopes to conclude by year-end. The company plans to expand its overseas markets to push sales into the top 10 in Asean in the next three years. This year, it expects to achieve its revenue target of Bt400m. Narakorn Ratchapolsitte, […]
Read More →BJC BJC plans ASEAN expansion — BJC plans to expand its retail businesses by launching drug and health stores, convenience stores and premium warehouses this year. Senior VP Sujittra Vichayasuek said it will open drug and health stores in Bangkok by next month. The stores will be located in high-end shopping malls and office buildings, […]
Read More →CK CK Power eyes Myanmar plant — CK Power (CKP), a unit of CK, plans to develop a hydropower plant on Myanmar’s Thanlwin River, after making rapid progress in Laos, says MD Supamas Trivisvavet. The project will have a total capacity of 7,000 MW. (Bangkok Post, 04/06/13) Comment: CK is listing CKP within the coming […]
Read More →Thai Economy Unified MPC cuts rate to 2.50% — For the first time this year, the BoT yesterday cut its benchmark interest rate by 25 basis points to 2.5%, acting to cushion against risk to domestic demand after weaker-than-expected first quarter economic growth. “Against the backdrop of continued financial stability concerns, the MPC thus voted […]
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