Stocks in the news (bcpg, biz, gulf, sc, teka, tmi) 15.07.25
BCPG’s board has approved the acquisition of a 17.48MW solar rooftop operator, Scan Advanc Power, from Contorno and Prompt Power for Bt211.61m.
BIZ has secured medical equipment procurement contracts with five hospitals, totalling Bt858m.
GULF, through its wholly owned subsidiary Gulf Edge Services, has raised its stake in cloud service provider AIS Broadband Co from 40% to 50%, matching ADVANC’s 50% holding.
Comment: Well….ok as if this makes a difference but fine…
SC reported 2Q25 residential sales of Bt5.27bn, up 118% QoQ and 31% YoY, driven by five high-end single detached housing (SDH) projects.
TEKA is targeting more turnkey projects after securing the design-and-build contract for Raffles American School. Its Bt3.03bn backlog (as of end-May) supports earnings visibility.
Comment: One of the few contractors that seem to be winning projects.
TMI announced a share buyback program of up to 11m shares (1.64% of paid-up capital) with a Bt5m budget, running from Aug 1, 2025 to Jan 31, 2026.