CHOW: to cod 3 JPN solar project combined 21mw before end of-3Q, lift total to 80.92mw, t/g 500mw w/in 5 yrs.
KKP: cut FY19 loan growth t/g to 5% from 8% from soft demand for auto HP; fees from CRC restructuring, TMB-TBANK amalgamation, Asset World & DoHome IPOs to provide cushion in 2H.
Comment: The IB team is looking to make its mark again this year
GULF: boost stake in 68.8mw TTC Green Energy VN to 90% from 49%, transaction to completed in 4Q19Comment: I have no idea how people are valuing this company.
ITEL: wins fiber optic pj from Provincial Electricity Authority (PEA) worth Bt213m, lift backlog above Bt5.7b, expected to secure more pj from Bt4b current bidding
Comment: Only 3-4 years delayed but at least it is going ahead
THCOM: regulator, NBTC, mulls to reclaim 3,400 MHz-3,700 MHz frequencies to develop 5G services.
Comment: I do not see any of the major telco’s in the region really wanting to spend the capex necessary for 5G, I’m of the viewpoint that any real CAPEX will be coming from governments