Arbitration Court orders ADVANC to pay Bt31b plus 1.25% interest to TOT on dispute over amended prepaid revenue sharing contract. ADVANC said it has strong financial to deal with this, yet will fight the case in admin court.

Comment: This was a surprise to the market but it was well noted in the financial statements for years. Interestingly if you look at True’s financial statements you’ll see that there are some 100+ law suits that True is dealing with. 

BGRIM target FY20 revenue growth >20% driven by cod of 3 Vietnam powerplants combined 16mw and 39mw Cambodia solar farm brings total to 2,951mw, will wrap up M&A Malaysia powerplants projects 1H20, target cod 45mw solar floating at Sirindhorn dam by December.

Comment: And the new cookie munster of the East continues.

IVL, Dupont & Teijin to revive talk to sell of chem films business for solar panels & medical equipment.

KBANK sets 4-6% loan growth target, adding 178K personal loan account, +30%, while fee income to drop 5-17%, due to TFRS9 accounting standard.

Comment: 2x GDP sounds right, but look at the drop in fee income

WHA cuts full year revenue growth target to 15%, trims 5 years capex to Bt52b from Bt54b despite no impact from coronavirus, expects industrial land sales surge aft catastrophic event in China.

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