ADVANC PDRC targets AIS in anti-Shinawatra bid- The People’s Democratic Reform Committee (PDRC) kicked off its campaign yesterday targeting businesses believed to be owned by the Shinawatra family. PDRC leader Suthep Thaugsuban announced at a Silom Road rally it was necessary to “destroy” the Shinawatras’ funding sources and the group targeted Advanced Info Service (AIS), […]

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AMATA Setting up REIT — AMATA’s board has given the green light for the company to set up a REIT worth Bt4.750bn. AMATA aims to inject 76 factories with a total leasable area of 136,434.52 sqm, along with 12 new factories with 24.144 sqm that is currently under construction. (Khao Hoon, 17/01/14) Comment: Finally AMATA […]

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AMATA AMATA land sales for 2013 ended at 1,000 rai. In 2014, it plans to focus more on land sales abroad, especially in Vietnam, to avoid the political turmoil in Thailand. It said that 3-4 customers are already waiting to sign a deal. (Khao Hoon, 06/01/13) Comments: AMATA’s business model is very simple, land sales, […]

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AIM Changing ticker to “EFORL” today — AIM is changing its trading name to EFORL today because its new business is trading in medical tools and equipment. Its new business will fully operate and clearly contribute revenues in 4Q13. (Khao Hoon, 2/12/13) Comment: From 3D Tv’s and advertising to medical tools, well at least they […]

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AMATA New contracts to boost 4Q13 land sales — AMATA expects land sales in 4Q13 to surge, boosted by new contract signing. Currently, the company has 2,000 rai land ready to be transferred, and it is keeping its year end target land sales of 3,000 rai. It said it aims to invest in an industrial […]

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AMATA Investing Bt50-60mn in flood prevention — AMATA says it has set aside Bt50-60mn for investment in flood prevention and is currently in the process of gathering necessary information for its long-term planning and mitigation plans which is expected to take 2-3 weeks. It plans to expand reservoirs and improve floodways with help from the […]

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ADVANC AIS introduces celebrities app for new revenue – Mobile leader Advanced Info Service (AIS) is extending its chargeable mobile content service in a drive to boost the strength of its non-voice business and increase revenue. The company launched yesterday what it calls a celebrities app, dubbed the first time in the mobile industry brand […]

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AMATA Sandbagging its IE — AMATA has prepared 500 “big bags” to protect the factories in its IE and is closely watching the flooding situation, after Nari typhoon pushed water levels up to 30-40cm on roads around Phase 1-3 factories. In phrases 7-9 it is pumping at full capacity and is prepared to deal with […]

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AMATA Flooding downs two factories on estate – Minor flooding at Chon Buri’s Amata Nakorn Industrial Estate has forced an auto parts factory and an electronic parts plant to shut down temporarily due to transport disruptions. Authorities say the water will recede within five days. The estate has seen minor flooding in phases 7-9, where […]

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AMATA  Flood hits Amata Nakorn- More than 700 factories in the Amata Nakorn Industrial Estate in Chonburi have been cautioned to monitor the floods closely, as they may face a repeat of the 2011 deluge. Viboon Kromadit, the estate’s chief of operations, said evacuation should be prepared and drilled even though the water has yet […]

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