BEM sees all time high daily MRT riderships in Feb at 550k trips, tollway traffic hit 1.2m trips, rental revenue growth from commercial space +10% yoy, firms on 8-10% FY24 revenue growth target.

CHAYO board approved spin-off plan of subsidiary, Chayo Capital (CCAP), will sell IPO up to 125m shares and list on MAI.

Comment: Finally, group needs the capital.

GULF and its 3 partners, KTB, ADVANC, and OR, to apply for a virtual banking license, with KTB the major shareholder.

Comment: This virtual banking license process is a joke, it’s just an absolute f’ing joke

MTC: reported 3 tranches of bond, paying 4.3-4.95% p.a. total Bt4b fully subscribed, eyes 20% FY24 loan growth target, NPL < 3.2%.

Comment: Not an issue for MTC, SAWAD on the other hand…

SRICHA wins new project from jv of PETROFAC-SAMSUNG-SAIPEM to install piping-work, equipment installation, fireproof & scaffolding for TOP’s Clean Fuel project (CFP) valued at Bt3.26b.

Comment: Too far down the chain for me to consider…but a decade ago they did well with decent oil prices.

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