ThaiCapitalist research
Ohhh a local M&A case! Finally some fun times! VGI Global Media Plc, Thailand’s largest transit-media provider and a unit of BTS Group, has acquired 24.43% of Master Ad Plc (MACO), the country’s largest outdoor media firm. The acquisition is worth 662 million baht or nine baht a share. A quick intro on both firms […]
Read More →Politics politics politics, rewind 6 months, press play, and rewatch 🙂
Read More →Notable Transactions Buy(s) THB 4 mn N/A Sell(s) THB 40 mn SAT – A director sells off THB 35 mn worth of shares, a couple of days before their 1Q14 numbers were released (and they were rubbish YoY)? hmmmmmm.
Read More →Asiasoft Corporation Plc is a leading digital online entertainment company in Southeast Asia with a dominant market share in Thailand, Singapore and Malaysia and a strong presence in Vietnam, Indonesia and the Philippines. Pramoth Sudjitporn, vice-chairman and CEO, talks about the company’s strategy and outlook. Strong infrastructure will allow Asiasoft to add new internet-based entertainment […]
Read More →Thailand Consumer confidence sinks, lowest since Nov 2001: UTCC – Thailand is moving closer to economic recession because of the ongoing political uncertainty, while the Consumer Confidence Index (CCI) in April hit the lowest point in 12 and a half years, the University of the Thai Chamber of Commerce said. (Bangkok Post, 09/05/14) Mobile Expo […]
Read More →EFORL EFORL reported 1Q14 net profit of Bt46mn with revenue of Bt203mn, up from last year, supported by import business and continual growth in sales of medical supplies and equipment. It says revenues this year will reach its target of Bt1.5-2.0bn. (Khao Hoon, 09/05/14) GUNKUL GUNKUL expects revenue to grow by 50% YoY and net […]
Read More →ADVANC AIS says 3G network covers 95% – Advanced Info Service (AIS), the country’s largest mobile operator, says it completed nationwide deployment of its third-generation (3G) network two years ahead of the deadline set by the national regulator. Average revenue per 3G user is 20-30% higher than a 2G customer. AIS expects 75% of its […]
Read More →So as you all know she’s out…and what has really changed? Oh yes there are 9 other cabinet members that are out too so there are still 25 cabinet members remaining who have just appointed deputy PM & commerce minister Niwattumrong Boonsonpaisarn to become the acting PM. Guess what? He’s an ex-executive of Shin Corp, […]
Read More →Right before going to sleep I receive a phone a call that part of Siam Commercial Bank was hit with grenades (see below) and other parts of Bangkok are experiencing bombings too…oh amazing thailand….
Read More →From the Bangkok Post: The sub-committee is empowered and authorised to consider and approve large-scale investment projects worth from 200 million baht to 750 million. It is also tasked with screening and proposing projects with values in excess of 750 million baht for the main board’s consideration and approval. So with the BOI reporting 291 […]
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