AH target 10-12% FY24 revenue growth driven by 3 jv with strategic partners in auto parts biz group, clean exhaust system under partnership with Purem by Eberspaecher, upside from 4-5 EV parts deals and Isuzu plans to use Thailand to be EV hub.

Comment: It has zero net volume growth to AH. Instead people should have a look @ AH’s cash balance post the transaction with India (c/r B.T.)

CP’s True Money digital wallet, KTB-AIS, SCB-Kakao Bank & JMART are among top candidate vying for 3 virtual bank license later this year.

Comment: As I wrote yesterday, it’ll really depend upon what the BOT it opening to doing. Does Thailand just want to keep this as a beautiful oligopoly for the banks or genuinely open up competition that should become a net-net benefit to the consumers of Thailand.

DELTA eyes 10% FY24 revenue growth supported by demand for power supply and power solutions for EV, AI & hyperscale datacenter, expects margin widen aft shift 50-60% of supply chains to domestic to improve efficiency.

VGI target branches expansion grows by 7 folds over next 2yrs to 115 outlets along 3 BTS lines (Green, Yellow, Pink), adding more Turtle shop minimart, Turtle Café, Turtle vending, smart locker and money exchange kiosk to boost growth.

Comment: The minimart business itself is not going to rock the world #’s wise, it’ll be everything else that they can throw into it.

UOB-Kay Hian buys additional indirect stake in UOB Kay Hian Securities (TH) thru UOB Kay Hian (BVI), slightly increasing its stake to 17.89%, group direct interest in TH brokerage unit remains at 70.65%, SEC filing.

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