CGD: major holder, Tommy Taechaubol, cuts holding by 0.8952% to 4.7957% of total outstanding on Monday
CPW in talk to buy mobile retailer, IBIZ Plus, expects to spend less than Bt1b on deal, plans to wrap up within Oct, firms on 20% revenue growth target.
DREIT reports net loss Bt56m vs Bt26m np 2Q20, pays Bt0.175 dpu, XD Aug 11.
DTAC said Telenor will not comment on report that it plans to sell entire 65% stake in DTAC, saying it remained committed to Thailand and its Asia strategy remains.
Comment: “Telenor Group do not comment on rumors or speculations in the market. We are committed to Thailand and our Asia strategy remains” Is their comment. Watch True’s share price as well.
ILINK & AIT consortium wins 3 power stations projects from Provincial Electricity Authority (PEA) total Bt531m (ILINK Bt366m & AIT Bt165m).
LPN scales back full year launch plan to 6 projects (Bt9.6b) from 8-9 pj (Bt10b) previous guidance, will launch 2 condos & 3 SDH total Bt6.9b in 2H, maintaining Bt7b full year revenue target.
Comment: Always considered LPN to be the true barometer of low-mid income earnings in this country, if they have issues growing then you know the market is stagnant/dead.
TIPCO reaffirms big jump 2H from strong green chiretta capsules sales & herbal products, positive sales momentum on drinking water as demand for restocking grow on lockdown.
Comment: Boom. But like most businesses they are struggling with the lockdown, the question is how much the herbs/cannabis products will add to their topline over the coming 6-12 months.
TOP to buy 15.38% stake in Indon petrochem maker, PT Chandra Asri Petrochemical (CAP) for US$1.18b.
Comment: Looks like they overpaid.