AWC signs development and management contract with Marriott International to develop and management the Ritz Carlton BKK the Riverside. BA firms on Bt8b revenue target this year, sees solid recovery in tourism, mulls opening new routes. BEM to source for Bt120b, without resorting to capital increase, for investment in Orange Line, firms on >Bt2b profit […]
Read More →BAREIT: BA Airport Leasehold REIT, debut IPO 1.03b units at Bt 10 apiece, KBANK leads & KASSET trustee. BCP ramps up Oil & Gas EP investment in Norway via flagship venture OKEA drilling co (45.7% holding) as 1H22 OKEA revenue +148% yoy to Bt 10.2b boosted by geopolitical conflict, rising price and increasing global demand. […]
Read More →ADVANC agreed to pay JASIF Bt3b in advance for fiber-optic rental, to sweenten the deal for its acquisition. ASIAN: SEC approved IPO filing of its pet food unit, Asian Alliance Int’l (AAI), to sell up to 637.5m shares, TISCO leads. Comment: I look forward to seeing this IPO, Asian hit gold with the pet food […]
Read More →ASK keeps Bt37b FY loan target after logged Bt18.14b in 1H, improves debt service ability and high seasonal in 4Q to boost earnings. Comment: And because of their product/customer base, NPLs are not going to mimic what has been seen in the motorcycle space BA reaffirms Bt8b revenue target this year, 2.6m passengers, on tourism […]
Read More →Sooooo all eyes are again on the Fed for the Sept 20-21 meeting, and you know what they’ll do? Increase rates….so what move on…unless there is a huge surprise somewhere the outlook for the next 6-12 months is pretty much known. Big boys (basically all listed co’s) are doing well, the smaller private co’s aren’t…I […]
Read More →Notable Transactions Buy(s) THB 152 mn JMART – Founder keeps buying, if you do the numbers on how much he’s bought back in the past 12 months, it’s astounding. SPALI – The husband & wife team continue buying and buying. Sell(s) THB 577 mn TAKUNI – Family members dump shares (16%) to … another family […]
Read More →Arkhom pushes insurance variants: Minister wants policies to cover damage to the environment and state infrastructure. The Office of the Insurance Commission should consider approving insurance that covers environmental damage and damage to state infrastructure, says Finance Minister Arkhom Termpittayapaisith. Bangkok Post Govt relief schemes ‘inject B5.73bn’: Over 20 million people have taken part in […]
Read More →Week 29/08 – 09/09 MWG VN For Jul’22, MWG’s net revenue and consolidated PAT increased by 16% YoY and 32% YoY, respectively. For 7M22, co. achieved net revenue of VND81.87trl (+14% YoY, completing 58% of FY target) and PAT of VND2.88trl (+3% YoY, fulfilling 45% of FY goal). Comment: And just wait for the deal […]
Read More →CPALL to sell tix of TH Moto GP event, OR Thailand GP, via 7-11 nationwide and www.allticket.com, free practice from September 30, race day October 2. ERW expects FY22 OCC at budget hotel unit (Hop-Inn) >70%, non Hop-Inn >60%, RevPar +60% yoy, Hop Inn Bangna to open in October, Thonburi station near Icon siam & […]
Read More →BE8 reassures solid 2H after completed M&A tech integration, X10 IT Resource, Bt713m backlog from corporate transformation projects pending to realize, additional M&A cyber security, Bay Computing (BAYCOM), to complete next year, expects to enhance competitiveness from one-stop digital transformation solution, larger ecosystem. Comment: The thai tech scene has been boominggggggggg. Though at one point […]
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