đź“Š AOT Company Background Airports of Thailand Public Company Limited is the leading airport operator in Thailand, managing six major international airports including Suvarnabhumi and Don Mueang. The company is central to Thailand’s tourism industry, providing comprehensive airport services, ground handling, and commercial space management for millions of international and domestic passengers annually. Market Cap […]
Read More →đź“Š BAM Company Background Bangkok Commercial Asset Management Public Company Limited is Thailand’s largest asset management company, specializing in managing non-performing loans (NPLs) and non-performing assets (NPAs) acquired from financial institutions to restructure debt and rehabilitate the real estate sector. Market Cap (THB): 25.53B Market Cap (USD): ~$823M (at ~THB 31/USD) Current Price: THB 7.90 […]
Read More →AOT and Krungthai Bank sign partnership to implement Krungthai BUSINESS digital solutions, enhancing AOT’s financial and tax management. Comment: I have the best solution – remove corruption and margins double… BA signs SAF (Sustainable Aviation Fuel) MOU, supporting Thailand’s aviation transition toward Net Zero 2050. BAM projects groupwide NPL acquisitions reaching THB 1 trillion within […]
Read More →BAM: Maintains FY cash collection target at THB17.8bn. Positive momentum is expected to continue, driven by lower funding costs and larger market exposure following the establishment of a JV distressed-asset management company with a new partner Comment: Once the AMC project truly gets going, all the AMCs and fincos can begin to move again. CBG: […]
Read More →BAM: is expanding partnership with financial institution, aiming to add 2 more JV AMCs by 2026, preparing to explore profit-sharing model for managing NPLs. Comment: I wonder how many JV”s BAM can handle? And what are the implications of this to the market? They set the floor price of NPAs due to their ability/requirement? To […]
Read More →ADVANC targets non-mobile business to reach 20% of overall in 3 years, focusing on retail, entertainment, and digital financial, with flagship virtual banking to start in Jul 26. Comment: Fake digital banking. BAM: keeps FY cash collection target at Bt17.8b after logged Bt10.15b in 1H, launch NPA sales campaign (Opportunity for all) target freelance & […]
Read More →BAM expects NPL sales by financial institutions to reach Bt200bn this year (vs. Bt150bn in 2024). Plans to participate in ~Bt30bn bids, targeting ~Bt3bn in bad debts. Comment: Yes….but if BAM and JMT can only buy ~THB 50 bn together, there’s just far too much supply out there.Ă‚Â KBANK: Invesco increased its stake by 0.1688% […]
Read More →ADVANC’s unit, Advanced Wireless Network, has submitted bids for 850MHz, 1500MHz, 2100MHz and 2300MHz spectrum , qualified bidders will be announced June 19, auction on June 29. TRUE, via its unit TrueMove H has also submitted for similar spectrum Comment: Allowing this duopoly is going to come at the cost of the country and the […]
Read More →AMATA targets FY25 industrial land sales >800 acres, FY25 transfer >50% of Bt21.2b backlog, sets Bt8b budgets to add landbank. Comment: Perhaps for the first time, I won’t say , “nah full of crap” they’re meeting their targets, even though their prices are 30-50% higher than peers in the same location BA sees 2M25 passenger […]
Read More →ADVANC’s broadband unit, 3BBIF, restructuring loan with BBL, interest will be lowered from MLR to MLR -2.9% on Bt5.45b outstanding loan in accordance with BBL facility agreement. BAM allots Bt8b budget to purchase bad debts this year, aims to scoop up Bt30b-Bt40b depending on quality, launch financial prog (Smart Garden Home), allows NPA buyers who […]
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