CHAYO seeks license from BOT to set up an AMC with banking partner in 4Q, target to buy Bt30b worth of bad debt for management in 2022-23, to sell Bt900m land in Phuket in July, firms on 30% revenue growth target this year.

Comment: The issue for the industry is that the BOT has yet to set any regulations regarding AMCs and Banks partnering, thus despite what JMT showed with a timeline during a call a few weeks, nothing is certain. The issue for TH is that any delay in this development will slow Thailand’s companies and consumers ability to cleanse their balance sheet

GPSC with partners, PTTEP and EGAT, mull electricity transmission line projects to supply 1,600MW of electricity to SG in a Bt200b projects.

PROEN: investors filed petition to SEC to investigate guarantee px KUB coin buyback agreement with BitKup aft lockup expired May 31 as both parties violated fair dealing.

Comment: Not entirely certain what the fuss is by these investors. Proen and Bitkub have an agreement with clauses that appear to protect PROEN.

SECURE expects big jump 2H from surging demand for network protection, threat detection, cloud & data center security after PDPA enforced from June 1.

Comment: Their 1Q22 was $hit and due to the supply chain issues regarding chips leading to delays in project delivery. Now the q is, 1 off? And going fwd every project is only 1 Q delayed?

TMI upbeats 2Q earnings from strong demand for automatic/motion control switch, LED lighting and other energy saving products, tailwind from 2.4mw biomass pp in Samutsakon & Chumporn, will cod 3rd pp 3mw in Suphanburi by in June lifts total to 5.4mw by eo-1H, firms on 20% revenue growth target.

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