AOT: Cambodia LCC, Sky Angkor, resumed twice-daily flights to BKK (DMK) from Aug 25.

ASIAN’s exploring exporting seafood products to China after it imposed ban on Japan products, sees 3Q turnaround from higher sales to US & EU, wider margin from higher utilization rate, expects pet food pick up in 4Q.

Comment: Well the Chinese government continues to prove that they are awful at making friends internationally, and this explains why locals are pumping Asian, aai, and ITC today.

BCP will pay Bt9.8986/share, ~$644m total, for Exxon’s stake in ESSO, will tender for the remaining 1.18b share.

BGC reaffirms 2H turnaround aft debottleneck glass furnace in Ayudhaya plant, lifts capacity to 400 tons/d from 320 prior, wider margin from recovering lower energy costs & higher utilization rate, expects demand for bottle grows on improved consumption, tailwind from tourism & holiday season.

ERW invests in 4 budget hotels in Japan in Ueno, Asakusa, Iidabashi and Kyoto, total 373 rooms for Bt1.7b, transaction to complete by end of Sept, target cod 1Q24.

Comment: And rumours (?) have it that Hop Inn will spin off.

FSMART will begin installation of GINKA EV Charge Point at end of Aug, collaborates with Tao-Bin robotic barista to operate automate café offering ready to eat, 300 drinks menu 24/7, mulls expanding via wholly-owned & selling franchise, expects to debut 1st full scale station at by end of Oct.

PLT buys 3 used, large liquid carrying vessels for Bt1.05b in a move to expand its service overseas.

SCC’s board appointed Thamasak Sethaudom as CEO effective from Jan 1, scraps plan to sell IPO of chemical unit, SCG Chemical (SCGC) due to unfavorable market condition & economic situation, will re-submit application in due course after situations have improved.

Comment: Implies the #’s are awful and they’ll wait 2-3 years when margins peak again.

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