GULF’s concluded a deal to invest in a digital asset exchange service of Binance.US, through seed funding of an unspecified amount as it continues to grow its digital tech business.
Comment: So the military and friends are ok with another digital exchange set up in Thailand?
III expects to submit filing to list air freight forwarder subsidiary, Asia Network International (ANI), to SEC by early Jun, will use proceed to expand cargo warehouse, raise holding in forwarding agent (Asia GSA) & Road-Rail services, see upside from Kunming-Viantian-Nong Khai route (China-Laos-TH).
Comment: Still benefiting tremendously from the ongoing supply chain issues regionally.
PSH plans 10 new projects worth Bt6b in 2Q, target Bt31b presales this year.
The planned merger of TRUE and DTAC is expected to face tougher scrutiny by the new board of the NBTC, which took office last week.
Comment: I’m hoping for some negative news on this, only because it’ll be a great trading opp
SABUY to wrap up 10 JV and M&A deals by end of May to transform to SabuyVerse The Next Visionary, sets Bt5b capex to expand payments, merchandizing, solutions, financial services and new economy that covers innovations and digital assets.
Comment: There’s a lot of expectations here, we’ll see how well they execute.
SCB : Ticker changes to SCBB from today, and will be delisted next week, tentatively on April 27, the same day SCBX is listed, under SCB ticker.
Comment: So DO NOT BUY SCBB, the rights to exchange it to SCBX are gone. Unless you’re thinking that you’ll be able to make a quick trade by next week…
SPALI reported 1Q22 residential sales +22% yoy (Bt8.852b) driven by mid & upmarket SDH, maintaining 2Q launch plan of 7 projects total Bt9.7b, firms on Bt29b full year revenue target.
Comment: See, despite the doldrums in the housing market, market share is going to the stronger players such as SPALI.
WINMED upbeat 2Q outlook from strong ATK sales & RT-PCR services as demand for Covid screening jumps post Songkran, maintaining Bt 835m revenue target.