BLA teams up SINGER’s insurance subsidiary, SG Broker, to launch payment insurance protection (PPI) & life insurance, offering to SINGER clients, sees benefits to both parties.
Comment: And SINGER has the SG Capital IPO coming mid-year.
CMO’s CEO, Sermkhun Kinawong, resigned effective Jan 1,22, appointed Kitisak Jampathipphong to be successor.
COM7 sees ATH profit 4Q21 supported by strong mobile and gadgets sales, tailwind on seasonal, expects positive momentum continue 1Q22 supported by shopping tax rebate stimulus, firms on plan to add 200 stores this year, eyes 10% FY22 revenue growth target.
HUMAN: BTS cuts holding by 0.25% to 4.897% of total outstanding on December 29.
Comment: BTS is THE best hedge fund in Thailand.
PPM raised holding in subsidiary, Solar PPM, from 59.96% to 99.96%, expects big jump this year from EPC/turnkey projects, solar rooftop/floating/farm, panel sales & maintenance services.
PTTGC completed acquisition of Allnex (Bt148b), targeting expansion in HVB and to start realizing revenue from this year at Bt2,400-Bt3,600m p.a.
SGP upbeats earnings outlook FY22 from recovery domestic demand for LPG, growing exports sales to China ahead of CNY, target 8% revenue growth this year.
TPAC invests Bt484m in 20% stake in India PET producer, Skypet Polymers.
Comment: Over the past 6-7 years, baby IVL is slowly getting bigger and bigger.
UTP target FY22 packaging sales >Bt4.5b, will revamp liner boards production line to increase capacity & efficiency.