AWC’s joined forces with Adrian Smith + Gordon Gill Architecture (AS+GG) on further development of Asiatique, mixed-use skyscraper pj, comprises of 2 5&6 stars hotels under Marriot Chain, commercial and residence pj under 36 acres complex, the largest on Chaophara riverbank.
Comment: It won’t have a difference. Branded residences…perhaps in some locations throughout the world.
COM7 upbeats 4Q earnings from strong Apple prod sales on holiday season, firms on Bt30b full yr rev t/g.
DDD acquires 76% stake in beauty & personal care prods co., Kuron Corp, for Bt610m, will obtains 7 brands in portfolio including, Kuron, Sparkle, Lesasha, @home, Jason, Leena and emjoi.
Comment: The domestic version of L’Oreal? That’s more brands they are adding to their portfolio and if they can figure out how to market their products well throughout the region and if…many if’s but it’ll be interesting to follow.
KTB plans to shutdown 70 branches next yr, but won’t lay-off staffs, as part on ongoing transformation into full digital banking, t/g 3% loan growth next yr.
IRPC board sets 5-yr investment budget at Bt53.9b, with Bt32.47b earmarked for MARS pj and UCF pj to produce Euro5 fuel worth Bt8.99b.
PTT to pay Nacap Asia Pacific (TH) Bt4.65b to settle dispute pipeline pj case upheld by Supreme Court.
Comment: Drop in the bucket for PTT, but at least it is good to see that a company can still beat the behemoth that is PTT in court.
RS to spend Bt50m on yr-end campaign “RS Mall NY Celebration 2020” during Dec 19-31, hoping to double MPC sales.