AMANAH said it has yet to be approached by GSB for all the stake, sees parent co, iBank, keens to keep leasing unit.
Comment: Have to love all these rumours in the market.
AOT said the Satellite 1 (SAT-1) passenger terminal is 95.23% completed and will be 100% in April 2021. Reported passengers dropped almost 50% 11M20 and flights -42.18%.
BBL: SSO cuts holding by 0.0021% to 4.9979% of total outstanding last Thursday (September 24).
EP sold 3 JPN solar projects total 31.75mw for Bt1.991b, will use proceed for re-payment and pursue higher return opportunities.
FNS plans to acquire all shares of MK in a deal worth Bt2.8b, 2nd largest holder & SPALI founder, Prateep Tangmatitham, says his family has no plan to let go of their holding.
Comment: This is an interesting/odd acquisition.
ICHI anticipates 2H turnaround from 3 non-tea products launched including vitamin water C+E, Ph 8.5 water and Vitt CC, target Bt400m sales from functional drink portfolio by end of year.
PTG expects healthy gasoline demand for the last 3mths from several long holidays, tailwind from domestic tourism stimulus and seasonal, firms on FY20 300 stations opening target.
Comment: Despite covid and the drop in industry/tourism, their volume growth is still ahead of the industry…granted SSSG isn’t what it used to be. And there is the question mark in the future re EV’s.
TTA upbeats 3Q earnings from higher dry bulk freight rate QoQ at US$9k/s/day, higher subsea revenue from improving offshore activities, will add 1 more vessel before end of year to expand fleet size from current 22.
Comment: Rubbish management but yes they benefit. RCL is more for container rates and PSL a better play for supra/handy. Shipping rates appear to be extending their peak season from the usual aug/sept to oct/nov due to covid.