GULF-Binance venture gets license for digital asset exchange and digital asset broker business in Thailand, will begin operation from 4Q23.

Comment: The Chinese money launderers are going to be very strong in Thailand

HFT’s applying for China’s industrial standard certificate, seeks to branch out from motorbike & commercial vehicle tires to e-bike segment, eyes 1st shipment in 2H.

NEX to sell IPO of IT solutions subsidiary, Terrabyte Plus (TERA) up to 90m shares (37.5% of paid-up), NEX holders get pre-emptive rights up to 45.9m shares, will use proceed to expand cloud service, ERP and cyber security, Asset Pro Management leads.

Comment: Now that’s a way to keep a share price up…

RJH forms venture with RAM, VIBHA and Synphaet hospital to develop Bt850m Rajthanee Romklao hospital.

Comment: The most annoying thing when going through the hospitals outside of BDMS, BCH, CHG, and BH are the ridiculous amount of cross-shareholdings there are in the hospital industry.

S sees record high revenue, +30% yoy from Bt12.53b in FY22 supported by transfer of Siraninn Santiburi Residence Pattanakarn, strong hotel operation in Thailand, Maldives, UK and Fiji, tailwind from recurring income from commercial property and cod of 2 SPP in 4Q.

SJWD sees Bt30b revenue this year, on business expansion and M&A, sets up new firm to carry EV components from China to EV factories here.

SSP upbeats 2Q earnings from robust power gen on solar high season, allots Bt4b budget for M&A, expects to wrap up at least 2 deals total 100mw in 2H.

WHA mulls revising up full year industrial land sales target, expects to log 520 acres by end of 1H vs 700 acres current guidance, plus LOI from potential clients total 301 acres and 270 acres backlog.

Comment: Wouldn’t be surprised to see them continue to perform well over the next 1-2 years as Thailand eventually gets the EU-FTA and benefits from the China +1

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