CI sets Bt6.4b capex for 6 projects this year, while Sri Panwa Hainan hotel to open next year.
ECF’s unit, ECF-Power, to cod 50mw Minbu solar projects in Myanmar on Jun 27, will book 20% contribution from investment, target cod phase 2-4 combined 220mw by end of-FY21.
MG launches new EV, MG ZS EV suv, Bt1.19m/unit, signs MOU with EA to install charging stations at 170 showrooms nationwide, teams up Metropolitan Electricity Authority to add public stations in BKK.
Comment: Whilst not listed, it’ll be interesting to see how far this EV trend goes
SPALI upbeats 2Q earnings from transfer of 2 high-rise projects worth Bt3.4b; Bt4.3b projects Supalai Veranda Rama 9 to transfer in 3Q, 11 SDH projects Bt6.5b to realize in 2H, sees ltd impact from LVT as current down payment policy already high at 15-25%, Bt10.87b out of Bt41.9b backlog to realize this year.
Comment: The BOT has announced that they’ve seen a single digit drop in the property market … not quite the end of the world that prices are displaying
THG inaugurates new hospital in Myanmar, sees growing mkt potential for high-quality healthcare and senior citizen care services in Thailand and neighboring countries in next few years due to demographic and other factors.
Comment: Perhaps a rare decent regional play? But I don’t like execution of the senior living concept model