AMA buys 76% stake in TSSK & Auto logistic for Bt578m, sees value additions from road/rail chem transports to its tanker business.
Comment: Add another to the logistic names. Though their earnings have been incredibly lumpy over the past 4-5 years. Always looked at is as the logistics/fuel transport arm of PTG.
AMATAV reports 52.7 hectares IE land sales at Amata City Halong Vietnam to Jinko Solar HK total US$865.5m.
Comment: Wow! Finally! Something happened! Will shareholders have to wait another decade before another transaction occurs?
BRR begins 1st shipment of sugarcane fiber packaging to U.S. importer, Amercare Royal, on Oct 1, mulls tap in EU market next year.
CPANEL: precast concrete producer, CPanel, debut IPO 39.5M SHRS AT Bt6 apiece, FNS leads.
Comment: Small and boom!
EE acquires 80% in Cannabis Way, from Bio Medical Group for Bt650m.
Comment: This is going to be amusing…
GULF reports Bt30b CD sold out, 2x oversubscribed, will use proceed for re-payment & expand renewable portfolio.
Comment: Crony capitalism – this is the only real liquid play for it.
NWR wins drainage tunnel projects for Prem Prachakorn & Bang Bua canals total Bt2.47b.
SC maintained Bt19b FY21 revenue target, sales >Bt20b, supported by SDH project and transfer of ready-to-move in inventories, will launch 7 projects total Bt 11.4b in 4Q.
UBE: Ubon Bio Ethanol, debuts IPO 1.37b shares at Bt2.4 apiece, ASP leads.
Comment: What a flop for a small name with a low float.
UTP revised up full year sales target >Bt4.6b from Bt4b prior driven by surged demand for paper packaging from e-commerce, repriced products price from higher energy & feedstock costs.
Comment: A constant tailwind for this co. Revenues doing far better than expected and margins continuing to expand.