CPN plans to expand luxury zone at Central Phuket Foresta from 2k sqm to 8k by 2026, sees daily avg traffic above 50k/d 30% above pre-Covid level, while database of the group’s loyalty program indicated that Central Phuket customers have the highest spending per person among CPN malls nationwide, with wealth segment customers spending up to 45% more than other branches.

Comment: If that’s true…then there’s more spending in Phuket than in Bangkok

PTTEP acquired 10% participating interest in UAE’s offshore Ghasha concession which contains 6 O&G E&P field from German’s Wintershall Dea. The world largest offshore sour gas project is expected to yield 1.5b cuft (42.5m cu.m/d) of gas & 120k bpd of condensate by 2030.

Comment: At least PTTEP is doing something to expand their volume (in the group)

JKN plans to repay all its liabilities owed to bondholders within 5 years after a strategic investor, Mexican businessman Raul Rocha Cantu, agreed to inject Bt1.75b to revive debt-ridden owner of Miss Universe Organization.

Comment: Hmmm. Who’s getting shafted here?

PK’s top holder, BBL, will sell big-lot transactions during Jun 12-17 total 60m shares (11.5217% of paid-up) to CEO, Panet Chongvatana. BBL stake will be reduced to 11.51% from 23.03% post transaction while CEO holding increase to 18.36% from 6.84% become top holder.

Comment: Explains the recent moves, I wonder if we’ll see a cap increase.

SC revealed 5 upper market SDH projects launch plan in Jun total Bt10b, 3 projects including Bangkok Boulevard signature Ramindra, Venue Portrait Westgate and PAVE Karnchana, kick-off presales on Jun 16-17, while Grand Bangkok Boulevard Pinklao & Bangkok Boulevard signature Chaengwattana will launch on Jun 22-23.

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