Market research on Thai Stocks in the SET Index
Dimet (Siam) Plc (DIMET) produces and sells high-performance protective coating to oil and gas and related industries such as petrochemical plants, refineries, power plants and oil and gas exploration platforms in the Gulf of Thailand as well as timber finishes, architectural and industrial coatings for automotive parts and gas cylinders. Chairman Suraphol Rujikarnchana discusses the […]
Read More →AOT AOT gets screening fee nod — AOT can charge air passengers for advance passenger processing, under a Civil Aviation Board decision yesterday. AOT is expected to introduce the system this year and the board has capped the charge at Bt50/passenger. AOT will install an advance passenger processing system (APPS) that will speed up immigration […]
Read More →BECL EXAT approves hikes in toll fees — The Expressway and Rapid Transit Authority of Thailand board has approved a proposal seeking the raise tolls for the urban and suburban expressways by at least five baht. EXAT governor Aiyanat Tinapai said the toll increase for the urban expressway network will come into force on September […]
Read More →Notable transactions Buy(s) THB 124.0 mn GFM – Looks like the transaction between family members is still continuing Sell(s) THB 81.3 mn GFM – See above
Read More →BBL: Asset quality remains sound in China and Vietnam. Despite the slowing economic growth in China and Vietnam, BBL said that its asset quality in both countries remains good. NPL stood at a low 1% of its loan in China and 2% in Vietnam. This is because their loans are geared towards real sector in […]
Read More →Aviation: Nok shares to begin trading on Thursday; Bangkok Airways to float IPO shortly. Airlines are joining the trend of being listed on the Stock Exchange of Thailand in order to raise funds for business expansion. Nok Air, a low-cost carrier, and Bangkok Airways are the latest to pursue this option, while Asia Aviation (AAV), […]
Read More →BBL: Maintains loan growth at 6% yoy in 2013. BBL expects GDP to grow 4% this year, lower than the earlier forecast of 5%. However, the bank still maintains its loan growth target at 6%, supported by resilient domestic demand, especially investment demand. According to the bank, it will be one of the major lenders […]
Read More →CPALL CPALL greenlights Siam Makro takeover — CPALL shareholders approved the Bt189bn acquisition of Siam Makro in the country’s biggest ever takeover. Some 87% of shareholders who attended the meeting yesterday voted for the proposal, more than the 75% required. (Bangkok Post, 13/06/13)  Comment: No surprise here, great for CPALL as they need to Makro’s […]
Read More →Oishi Green Tea: Launches in Malaysia. Oishi Group, the country’s leading ready-to-drink green tea producer, has started its drive to become a regional brand by 2017 by forging a distribution alliance with F&N Beverages Marketing Sdn Bhd in Malaysia. F&N Beverages, a wholly-owned subsidiary of Fraser and Neave Ltd in Singapore, kicked off its distribution […]
Read More →ITD and LOXLEY: Likely to win water projects. The government is expected to announce the winners of the Bt350b water management contracts by end of this month. According to the press report, ITD Group (ITD Power China) may win its bid for five modules worth Bt110b. LOXLEY consortium will likely win one module worth Bt4b. […]
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