BANPU in collab with SG partner Durapower & TH largest bus manufacturer, Cherdchai Motors sales to establish battery assembly plant in Nakhon Ratchasima province, target cod 1H23, aims to boost capacity to 1GWh by eo-FY26.
Comment: I just wonder where they’ll source the raw materials for this to ensure competitive pricing?
BEM’s retail subsidiary, BKK Metro Network, reported 90% OCC at Metro Malls in 8 MRT stations, will cod 2 more at QSCC & Ladprao stations next year, mulls revamp tollway rest area to boost earnings.
CPN sees traffic at its 37 malls has risen to 80% and expected to rise further toward the end of the year to close to pre-covid level, while expected general election next year to keep momentum going.
Comment: It has “risen” to 80% on a couple of occasions before, and I would expect to see it continuing to increase. No idea when it will equal pre wuflu. 2H23 seems like a good bet.
State agency, Transport Co., mulls proposing E-bus procurement & operating contract total 54 units under Bt800m budget to Transport Ministry, expects to sell TOR in September, positive EA, NEX, BYD.
Comment: I wonder what other shenanigans are going on here.
KBANK to provide Bt15b financial assistance to CBG’s cash & carry unit TD Tawandaeng, est venture co., to expand Took Dee convenience stores.
Comment: Announced after market last night. Seems to be a great move by both parties. CBG’s network upcountry is only matched by 7-11.
MAJOR sold 20% of Thai Ticket Major (TTM) to Ticketmaster Europe for Bt122.94m.
SFLEX upbeats 3Q earnings from strong packaging order ahead of holiday season, in talk partner to invest in rigid packaging business Vietnam, expects to wrap up by eo-3Q.