So the essentials of the deal are as follows: CPALL agreed with MAKRO’s major shareholder, SHV Nederland B.V., to acquire its 64.35% (154.4m shares) in Makro @ THB 787/share. Funding is 90% debt financing, 10% internal CF, no equity capital call. Purchase price of MAKRO is @ 42.9x of 2013F (as per analyst’s estimates) Debt […]
Read More →BGH BGH plans hospital in Chinatown — Bangkok Dusit Medical Services Plc (BGH), Thailand’s largest hospital group, is to invest 700-750 million baht to set up a new hospital in Bangkok’s Chinatown aiming to tap into affluent ethnic Chinese and Indian residents. The investment includes 30-year rental and renovation costs for two old buildings, one […]
Read More →BBL BBL gets into auto lending with specific loans for first car buyers — Even though Bangkok Bank is not ready to enter the hire-purchase (lease-to-own) business, it has developed a product called Bualuang Poonphol for First Car to help it become more familiar with the car-loan market. “We are learning about the auto-loan market […]
Read More →BTS BTS group infrastructure fund on — BTS Group Holdings looks to have cleared the way for a brighter future, with the green light to go ahead with its infrastructure fund and a possible rise in skytrain fares. (The Nation, 21/02/13) Comment: Looks like there’s been some sell on the news, we all know that […]
Read More →BLAND Back in the black — BLAND reported a net profit of Bt122mn for the quarter ended 31 December 2012 compared to a loss of Bt268mn for the same period last year. Its revenue increased to Bt969mn (2011 – Bt605mn) and gross profit increased 158% to Bt523mn (2011 – Bt204mn). (Khao Hoon, 12/2/13) Comment: Wooo! […]
Read More →2 weeks ago I translated here from the Thai news, Stocks in the news(ap, bay, CPALL, itd, kce, scc) – 31.01.13, that CPALL is aiming to expand into Myanmar, thanks to @srt_cm0123_53 on twitter who was great in letting me know that Seven & I Holdings Co, which announced in June it was planning to partner […]
Read More →AP AP aiming at 15% YoY growth in revenues — AP aims for revenue growth of Bt20-21bn, a 15% increase from last year’s Bt17bn. It targets sales of Bt23-25bn, a 15-20% increase from last year, which will help raise its current backlog of more than Bt27bn. The company expects to launch 23 projects, worth Bt24bn […]
Read More →CPALL – Targets 13% sales growth in 2013 — CPALL targets 13% sales growth for 2013 and plans to add 550 more branches to achieve a total of 7,300 branches by the end of this year. In addition, the company plans to open one more distribution center in Samut Sakhon province this year. (Khao Hoon, […]
Read More →