ORI reaffirms 2Q turnaround driven by completion of 3 condo project, Bt45b backlog pending to realize, keeps Bt30b FY sales target , Bt22b FY transfer, mulls selling hotels & warehouse into REIT in 3Q.

Comment: They need to rush to sell these assets into a REIT…still impressed that the company has yet to go belly-up – speaks to the “quality” of thai bank management

SYNEX anticipates sales jump on an upcoming debut of Nintendo Switch 2 on Jun 26, tap in corporate to expand cloud subscriptions, firms on double digits revenue growth this year.

Comment: Nintendo Switch 2 sales will moon…

Beijing Haoyang Cloud & Data Tech plans to establish a 300-MWs hyperscale data centre in Thailand after securing land purchase agreement with WHA for Bt72.7b, operational by 2026 and will gradually integrate renewable energy solutions into its operations in the future.

Comment: This trade still continues…doubt the land size transaction is THB 72bn- but this trend still continues to players such as WHA and AMATA that are going to simply gobble up the FDI from China + 1 and data centers.

NBTC will announce qualified bidders for telcos spectrum auction today, with appeals possible from Jun 16-18, 6 frequency bands are up for grab, auction date on Jun 29.

Comment: Qualified bidders? There are only 2….