ADVANC: Supreme Admin Court dismiss the CAT’s Bt2,449m damage claim against ADVANC, legal dispute is considered final.
Comment: This case has been going on for a decade, should help the “overhang” on the share price.
AOT 8M into this fiscal year (Oct-May its passengers fell 71.5% to 18.33m, flights dropped 51.6% to 206K flights, yet keeps plans for SIA 2nd phase and Donmuang 3rd phase expansions.
CHAYO sets Bt1.6b budget to add NPL in 2H, will wrap up 2 deals with finance institution in 3Q, expect more to come before end of year.
Comment: Positive news just in time for the trading of their warrant.
Norges Bank revokes exclusion of PSL, which had been in effect since 2018.
Comment: Big capital to finally come into the name? It’ll be up to the external manages of this SWF in Thailand.
RT sees growth momentum into 2H from mega pjs with high margins, 3 projects pending contract signing and 2 pending results worth Bt1.2b in total, boosting backlog to Bt7b, firms on 20% revenue growth target.
SAWAD extends car title loan rate of 0.49%/month until end of August to boost bases nationwide. Broker expects 25.8% NP growth this year to Bt5.7b.
Comment: They are just going to capture the market.
UPA: Capital Asia Investments raised holding to 11.8456% of total outstanding on Tuesday (June 29).