BCPG paid Bt1,070m for 25% stake in Nam Tai for power transmission line in Laos (220 kilovolt).
CV expects to conclude jv deal with partner to establish RDF production plant in Vietnam by eo-1Q, 70% of Bt2.4b EPC power plant construction projects to realize this year, eyes 150% revenue growth target.
LPH mulls raising hospitel capacity to 700 beds from 450 beds as demand jumps from 5th wave, sees boost from additional 20k patients quota from SSO, firms on 25% revenue growth target.
Comment: If the government is willing to continue paying for thai citizens to stay in hospitels and force all +ve cases to be there, then sure if they’re going to rely travellers that end up being +ve, then no.
NRF expected to report solid 1Q from gain from reducing stake in GTH, disposal of Boosted shares and improved plant-based protein operation (Plant & Bean), Tabloid.
Comment: At one point they’re going to have to prove that these businesses are profitable/viable or if they are just playing a PE/VC game with these “plant-based” entities.
PLANB plans to add 1,000 digital display in 7-11 stores this year, expects FY22 turnaround on improved OOH media rev, supported by higher traffic on easing curbs.
PTT and OR to open 9 EV charging stations at NGV stations this year.
Comment: 9 FOOKIN EV STATIONS! VALUATIONS TO THE MOON. That’s a hint of sarcasm btw…
SAWAD to list its leasing unit, SCAP, on SET this year, sets 60% loan growth target to reach Bt10b, emphasizes on new motorcycles, with plan to enter digital personal loans, once getting license from the BOT.
Comment: As continuously mentioned, until the banks ease credit lending standards, these sharks are just going to dominate the segment.
SPVI upbeats 1Q earnings supported by strong Apple products sales on the back of shopping tax rebate stimulus, higher sales from online channel, expects positive momentum continued thru CNY.
TNP inked deal Flash Express to jointly expand delivery services, opening drop off point at 38 supermarket branches upcountry, sees complement to its online grocery sales, upside from e-commerce traffic.
Comment: Great move by TNP.