Stocks in the news (advanc, scc, tnp) 11.02.26
Advanced Info Service Public Company Limited is Thailand’s largest telecommunications operator, providing nationwide mobile network services, fixed broadband, and a range of digital services that support both consumer and enterprise connectivity.
ADVANC: AIS has launched “AISpace,” a platform described as Thailand’s first major AI ecosystem hub, aimed at making artificial intelligence more accessible to both individuals and businesses. The hub consolidates AI technologies from global partners like Microsoft and Google, offering them with localized pricing and simplified direct billing to remove barriers to entry.
Comment: They need to keep pumping out the cash otherwise GULF won’t be able to complete their onhand projects
The Siam Cement Public Company Limited is a leading Thai industrial conglomerate with core businesses in cement and green solutions, building materials and smart living products, chemicals, packaging, and related distribution and retail activities across Thailand and the region.
SCC to offer up to Bt30bn in new bonds in Apr after SEC approval. First offering is for bondholders of SCG264A, while second offering is for existing bondholders of all series of SCC, SCG Packaging and SCG Chemicals. Tenor is 4 years, while interest rate is 2.5%p.a. (paid quarterly). BBL, BAY, KBANK, KTB and SCB are bon underwriters.
Comment: One does wonder….if the shareholders of SCC weren’t so…xyz…would the cost of financing be higher given how poor the petrochem business has performed?
Thanapiriya Public Company Limited operates retail and wholesale stores under the Thanapiriya brand in northern Thailand, offering groceries, household products, and daily-consumption goods through community-focused supermarkets and a wholesale center.
TNP eyes 15% FY26 rev growth t/g above Bt3b, sets Bt200m capex to revamp existing supermarket branches, add 8 outlets in Lampang, Payao, Chiang Rai and Chiang Mai, lifts total to 64 frm current 56 by eoy.
Comment: Continually growing…I need to know more about this company. Been seeing their news for years and it’s continually decent.
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