BGRIM’s expected to be prime beneficiary of ERC’s plan to implement Direct PPA that will allow private co., to buy clean electricity directly from renewable energy producers via grid connection where BGRIM should benefit from hyperscale data center that had already purchased land in AMATA industrial estates.

Comment: With a new MoE – people are expecting that FiT rates improve, now the question for BGRIM – does it have to pay back all this debt?

BTS: Bangkok Council has agreed to pay Bt32b for green line O&M, will settle by end of Oct.

Comment: Boom, cash, debt issue declines for the group.

CPN sees positive growth momentum remain intact, 2 mall projects The Central Phaholyothin & Central Siam Square are expected to propel 4Q26 earnings.

JMART reported disposal of the entire holding in PRTR total 89.99m shares at Bt3.34 each worth Bt300.59m to Holistic Impact.

Comment: Now this is interesting. PE investors back into the PIPE game. Listed co’s that overexpanded ditching non-core businesses.

PSL signed an LT charter contract (23-25mths) with Jaldhi Overseas Spore at a gross rate of $16,500/d.

Comment: That is a great rate, their cost on the books is USD 8-10k/day.

TACC revised up FY revenue growth target to 15% y/y from 10% prior driven by growth from both B2B (711) & non 7-11 aft revamping core menu of press beverage for 7-11 as well as additional non-coffee menu for All Café, contribution from license business and lifestyle products, will roll out new products to boost sales upcoming holiday season.

TOA launches a distribution center in Ho Chi Minh city to accommodate growing sales of building chemicals and paint in Vietnam.

Comment: As long as oil prices are still here – their margins will continue to look decent. But TOA hasn’t proven itself well expanding throughout the region.