BCPG’s board has approved the acquisition of a 17.48MW solar rooftop operator, Scan Advanc Power, from Contorno and Prompt Power for Bt211.61m. BIZ has secured medical equipment procurement contracts with five hospitals, totalling Bt858m. GULF, through its wholly owned subsidiary Gulf Edge Services, has raised its stake in cloud service provider AIS Broadband Co from […]
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 →AOT: Lufthansa extends A380 flights from Munich to BKK until Apr 29 to accommodate strong passenger booking during Songkran Fest Apr 13-15 & Easter holiday in Europe (Apr 20). EGCO reported 640mw Yunlin offshore windfarm in Taiwan now fully operational, estimate Bt2b p.a. income generating from 26.56% interest in the project (170mw) over the first […]
Read More →AMATA sees at least 50% of Bt19b industrial land backlog realize next year, supply chain relocation is expected to continue on US-China trades tension. Comment: Which is remarkable given how low the FDI flow is into Thailand in 2023 and 2024. ANAN: reported share purchase of 49% in Ananada MF Asua Wutthakat from Mitsui Fudosan. […]
Read More →GULF: INTUCH amalgamation deal to complete early 2Q25, sets Bt70b capex plan over next 5 years on new power project that already won license for construction as well as M&A on overseas power & natural gas project, new data center & private cloud solution (Google Distributed Cloud air-gapped) on track to cod in Apr 2025 […]
Read More →AAV: launches new route from KL to Chiang Rai northern TH, with 3 weekly flights starting Nov 2. BCPG: is expected to book Bt2.3b gains in 2Q from disposal of Bt10.37b Japan solar project to Denmark-based renewable co., Obton. CBG: reaffirms solid 2Q from robust domestic sales growth supported by market-share gains after competitor raised […]
Read More →ADVANC’s expected to report robust 2Q driven by strong ARPU aft removed low-cost data plans & wider handset margin due to lower handset subsidies, upside from cross selling strategies and sim card sales on tourism recovery. Comment: The telco’s are reducing service quality, cutting costs, increasing fees…they’re going to mint it – their only risk […]
Read More →BGC: teams up Singha Corp to acquire 26% stake of Bangkok Can Manufacturing, a subsidiary of JPN Toyo Seikan (TSG), seeks to expand upstream to packaging material, branch out from glass & PET bottle to aluminum can & tin lids for beer & beverages. Comment: Well of course they are “teaming up” they’re the same […]
Read More →BCPG’s sold all 116.96MW solar PP in JP, to book Bt3b gain in 1Q24, eyes investment in the US for higher return, target 4X capacity expansion to 1,900MW by 2025. Comment: The Japanese government is not expanding solar power projects…that era is over. CHO sees stronger 4Q yoy on higher orders, boosting backlog to Bt988m, […]
Read More →AKR targets winning Bt200-300m of Bt500m EPC projects it plans to bid, eyes Bt3b bidding in transformer projects, with 10-12% winning rate. Comment: Even though I think the EV trend is bs purely because of basic engineering and science, if the government moves this way, Thailand does need to upgrade the entire grid system and […]
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