ADVANC eyes virtual banking license, after selling remaining stake in AISCB to SCB, aims to capitalize on its >50m mobile and internet customers.
Comment: Urgh…can’t think of one digital bank that is actually profitable globally. Prove me wrong if there’s one out there.
AMR signed MOU Eastern Pro Water Supply to jointly expand tap water & raw water to serve industrial clients in EEC area, expts to realize erngs frm 2H23, contribution Bt100m p.a.
BCH sees FY23 turnaround from price hike for SSO patients effective Jan 1,23, higher non-Covid rev & fly-in patients, cancer clinic to cod 23, eyes M&A to boost inorganic growth.
KBANK mulls selling 20-30% stake in K-Asset to Amundi SA, Tabloid.
Comment: Ah this rumour again. Next is the SCBAM rumour.
LEO signs business collab deal with LogiCam to develop TH-Cambodia logistic business, as part of ASEAN expansion plans.
MINT expects positive sales momentum from The Pizza Co carrying thru 4Q after logged 30% sales growth in 3Q on reopening, Fifa world cup & holiday season to boost sales.
Comment: MINT still needs to increase equity.
NUSA paid Bt850m for 170m share in DEMCO to diversify revenue mix, becoming largest holder at 23%.
Comment: Well that’s a solid new shareholder to have….this explains the pump in demco’s share price over the past 5 months. And if it’s pradej running things…well…I wouldn’t be surprised to something magical happen to the share price in the future.
TFG mulls adding ThaiFood retail shops upcountry, target 380-400 by eo-FY23 from current 220 branches, eyes 30% of revenue mixed by eo-FY24, planning to expand chicken & swine farms in VN next year.
Comment: Makes sense to go up the value chain, plus they have no choice, CP have tesco (lotusss’ss’sss’ss – however they want it spelt), 7-11 and CP Fresh mart.