BAM opens debt clinic office in Phuket, aims to fill demand for restructuring, property auction and selling.
DELTA sets Bt300m budgets to expand EV charging stations coverage from current 50 locations, target 90-100 stations by end of year.
Comment: Well the news flow is becoming stronger on the EV story here in Thailand…still have my doubts.
EPG reaffirms 5-6% revenue growth target this year, plans one new TJM franchise in Khonkaen.
Comment: Despite the margin improvement, of which I expect there is more to come, the issue is the revenue side of the business as 50% comes from autos..
GULF and PTT are top contenders to secure Bt84b Laemchabang phase 3 projects after Admin court rejected PRM’s injunction request.
JAS’s 3BB was the Best Fixed Internet Performer in 2019, way ahead of other ISP, according to test done by nPerf.
KBANK said relaxed LTV rules won’t help boost property sector, on limited purchasing power amid weak exports and strong THB.
Comment: It does help but only for the real demand, speculators are gone.
PTTEP teams up Eni Abu Dhabi & foreign partner to bid for 2 plots of O&G EP field in UAE, winner announce within 1H20.
SABINA sets Bt5b 5-year revenue target, with 7-10% annual growth rate, emphasizing more online channel and exports to CLMV, especially Vietnam.
Comment: The story isn’t top line growth, purely based around their ability to improve margins driven by machinery and a portion of manufacturing being done out of China.
SEAFCO wins 2 foundation work projects worth Bt135.3m, lifts backlog to Bt2.935b, expects more to come from current bidding 32 projects worth Bt19.9b.
THG to expand 4 specialty clinics including aesthetic, dermatology, cosmetic surgery & cardiac specialists, expects big jump this year