Expressway Authority of Thailand said contract to extend BEM’s concession by another 30 years is almost a done deal and can’t be revoked, responding to concerns the new Govt may have it reviewed.
Comment: so it is still a done deal for BEM regardless of the rumours that Anutin may take it away from CK’s co, BEM
CPF upbeats aquatic business prospect following acquisitions of 75% in Sri Lanka’s shrimp producer, Lotus Aquaculture Lanka, to feed outputs to Indian & regional markets
EASTW maintain 260m cu.ft full year water sales volume target, 3-5% revenue growth supported by demand from industrial clients, upbeat FY20 earnings from revenue recognition from AMATA & GULF and potential clients in EEC area.
Comment: I’m starting to see water prices increasing throughout the country. It’s one of the few utilities where there has been no price increase in the past 15 years
EPCO CODs 2 solar farms 110MW in Fujian Vietnam, will contribute sooner than expected, firms on 16% IRR; 17.25MW solar farm in Japan to COD in October.
FPT in JV with HAVI to build 70K sqm distribution center, with 30K sqm 1st phase to handle 30K shipping pallets.
Comment: Formerly Ticon, now its Ticon + Golden Land under Charoen, so Thailand is seeing conglomerates being built again in the public co’s
RS will add 10 skin care products in 2H to boost sales on high season, target revenue from MPC >Bt3b, mulls to reshuffle DTV prog and revamp contents to improve rating.
Comment: I’m not positive on the DTV sector yet, and I’m not sure what will change my thinking on this.