GSB denied report that it’s paying Bt2b for 48.59% stake in AMANAH.
Comment: That rumour was quickly dispelled within the day, next name is SAWAD – which hasn’t issued a press release denying the rumours. If so SAWAD may get into MTC’s business – motorbikes.
AP may report 115-128% growth in 3Q NP to Bt1,330m – Bt1,400m on higher transfers and revenue from associated firms, Tabloid.
CK wins Bt4.04b construction projects from Chulabhorn Royal Academy, backlog topped 10 years high at Bt145b.
DDD paid Bt520m for 9% stake in Nova Organic, hoping to boost selling channels via telesales and distribution centers.
DELTA expects short-lived impact from GSP cut on electronics parts as co., had productions plant in several countries, maintaining 5-10% full year revenue target.
DTC signs hotel management contract with Yasuda Real Estates to manage Dusit Thani Kyoto, targeting cod FY23, 2nd property in JPN under management after ski chalet in Niseko.
Comment: I’ve been disappointed by their ability to execute despite the relatively new management team.
GPSC cods 60mw NNCL SPP powerplants (expansion) lifts total capacity to 185mw, 40t of steam/hour, will recognize 30% holding in the projects from 4Q onward, RATCH hold 40% & NNCL hold 30%.
JKN’s board approves Bt49m acquisition of JKN Global Living and set up JKN MNB with Bt27m investment for 51% stake to explore beauty and health care business.
Comment: oh jesus christ….well either its copying RS or it’s going be the preeminent transgender beauty and health business.
SEG Whisky Tycoon, Charoen Sirivadhanabhakdi, appointed ex-Krungsri Consumer’s CEO, Thakorn Piyapan to lead newly established consumer finance unit, appointed exTMB CEO, Boontuck Wangcharoen, to a BOD.
Comment: There’s a been a lot of share movement in this name as the group is preparing to make a splash in the Thai market.
SVI recovered CCTV parts orders worth US$ 30m.
TKT: Karrie Automotive raised holding to 11.11% of total outstanding, also bot additional 22.43% convertible securities last Thursday (Oct 29), SEC filing.
WGE: contractor, Well Graded Engineering, debut IPO 160m shares at Bt 2.3apiece, CGS leads.
Comment: A decent little pop.
XO reaffirms record high net profit this year, growing 15% yoy, as global lockdown boosted sales, as it exports to over 60 countries worldwide.