BPP: firms on plan to cod 3 power plants in JPN & Vietnam total 60mw in 4Q.
EGCO: subsidiary, EGCO Plus, acquires 17.46% in U.S-based renewable developer, Apex Clean Energy Holding, transaction to completed within 4Q.
OTO: wins a 3 year contract to provide call center & customer service for State Railway (SRT) total Bt166.84m.
Comment: Do wonder if the rise of automated voice call centers will have a longer term negative impact. Personally I find chat bots/automated voice call centers to be incredibly useless. Though things can change.
SCB: inked deal Millennium Group (MGC) to provide finance services for luxury cars & yachts under 50:50 JV, ALPHA X, cod in 4Q.
Comment: Utilising “techie” names when this is just a simple financing business….
SENA: buys private property developer, Pataranan Asset, for Bt385m, see outright benefits from ongoing projects, Hype Sathorn-Thonburi, 8 storey low-rise projects, 5 building total 914 units Charoennakhon 22, 600m from Gold line MRT.
Comment: Now there’s a move, depending upon the debt at the projects this could end up being a good acquisition for SENA.
SPALI: reported Bt 17.55b sales 9M21, account for 65% of Bt27b full year target, Bt14.2b out of Bt36b backlog to book in 2H, maintained launch plan 15 projects total Bt17.35b in 4Q, firms on Bt28b FY21 revenue target.
Comment: The family is still buying shares back.
SVI: to acquire 100% stake of Tohoku Pioneer (TH), mulls tap in EMS service for head up display, optical pick up, car audio & automation machine, transaction is expected to completed by end of year—November.
Comment: K. Poe is still running the place, and its been foolish to bet against him.