ADD: local fund, BBLAM, cuts holding by 1.4375% to 4.3536% of total outstanding on Jan 26. NBTC gave greenlight to ADVANC’s bid for 3BB and JASIF, pending appointment of independent consultant, before submitting for NBTC’s board approval in 1-3 months, Tabloid. Comment: Well that took them a while… BH sets double digit revenue growth this […]

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ADVANC mulls collaboration with KTB to launch Virtual Bank, to capitalize on its >50 customer bases. Comment: So they no longer partner with SCB that always wants to go alone and if they work with KTB and get access to the Pao-tang app, then well, game over for every other player. BAY’s consumer credit unit, […]

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ADVANC eyes virtual banking license, after selling remaining stake in AISCB to SCB, aims to capitalize on its >50m mobile and internet customers. Comment: Urgh…can’t think of one digital bank that is actually profitable globally. Prove me wrong if there’s one out there. AMR signed MOU Eastern Pro Water Supply to jointly expand tap water […]

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AAI: local fund, KSAM, raised holding by 0.0951% to 5.0384% of total outstanding on Mon (Nov 14). Comment: Need to spend more time looking into this name, but it’s been the key driver for ASIAN ADVANC to proceed with TTTBB, JASIF investments, said its board, t/g to boost its BB subs base to 4.4m from […]

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ADVANC: 3Qnp at Bt 6.03b -5.4% yoy; missed Bt 6.42b consensus, core service revenue +1% yoy; -0.5% qoq as inflation eroded purchasing power on price sensitive mobile users. Comment: Far better than DTAC & TRUE…for now… CAZ: awarded 2 construction contracts total Bt 143m. IVL: joins bidding race against Bain Capital & CVC for PET […]

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ADVANC: mulls propose JAS to buys JASIF at lower than Bt 8.5/unit in exchange of keeping rental guarantee payment of fiber network by Tripple T Broadband, tabloid. Comment: Well that’s amusing. It’s just an IRR calculation atm. ASAP: expects windfall from an upcoming domestic travel stimulus, revamp fleets to accommodate car rent demand upcoming holiday […]

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ADVANC sets Bt30b capex to expand 5G network, to boost customer bases for AIS 5G and AIS Fiber to 2.2m from 1.97m, and to wrap up data centre JV with GULF by end of year. AGE mulls expand from coal & logistic to hire purchase business, target existing trailer drivers of the company, plans to […]

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LH Group could be the one to decide fate of JAS’s broadband (TTTBB) spin-off to ADVANC as the group is the 2nd largest unit holder of JASIF, 616.08m units or 7.7% of total outstanding. Comment: Haven’t looked into this, though I wouldn’t see why LH wouldn’t vote for this change. NRF to cod 1st phase […]

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Chief of ADVANC’s pushing the NBTC to decide whether to approve or decline the TRUE-DTAC mega merger, noting that the agency has the legal authority to do so. Comment: The NBTC is having a field day collecting payments from all the groups. AQUA in collab with THR, a unit of THG, opens the Hills Rehab […]

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Last week’s announcement by ADVANC on its proposal to acquire fixed broadband provider Triple T Broadband (TTTBB) is expected to complicate the telecom regulator’s decision on the fate of the merger between TRUE and DTAC, with the sector becoming a duopoly. Comment: It’s not complicated, its very straightforward, the next decade will see great cashflows […]

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