CPAXT & Ayala: JV to expand “Makro” in the Philippines, aiming to become a leading wholesale-retail player amid IMF’s 5.9% GDP growth forecast in 2026. Comment: That’s a good partner they’ve chosen. Two conglomerates get together…ayala does have a decent logistics arm of which CPAXT could benefit. And this is a less competitive market than […]
Read More →BANPU/AMATA: BANPU and AMATA has formed Amata Esco Next Llc JV to develop rooftop solar installations with a combined capacity of 227MW across two of Amata’s major industrial parks in Vietnam: the 686-hectare Amata City Ha Long, and the 410-hectare Amata City Long Thanh. BANPU holds a 65% stake through Esco Next Llc, while AMATA […]
Read More →Retail bondholders of ACAP have petitioned the police and the SEC to expedite the recovery of unpaid debts that have remained unresolved for over five years, seeking to restore investor confidence in the market. Comment: Get ‘em boys, but you’re not getting anything b/c it was unsecured debt….know what you’re buying.. BANPU’s natural gas unit, […]
Read More →CPAXT mulls revamping fulfilment center to improve sales from omni channel, expand private label & exclusive items to boost margin, sees no impact from TH-C’dia border dispute on co., has only 3 branches in Cambodia (2 in Phnom Penh & 1 in Seam Reap) account for <1% of total rev. Comment: CPAXT should instead mull […]
Read More →CPAXT reaffirms that no investment plans in any other project of Magnolia Quality Development Corp (MQDC), nor has it provided any financial support or engaged in any fin relationship with MQDC as per rumours spur in the mkt. Comment: We fully believe everything that CP group has to say about MQDC. Oh c’mon, it’s broke […]
Read More →AMATA keeps FY industrial land sales target at 1,400 acres (3,500 rais) +15% yoy driven by demand from data center, electronics and auto sector at EEC area in Rayong & Chonburi, growth from Amata Smart City Namor in Laos remain intact supported by industrial clients from China, 50% of Bt 21.49b land sales backlog to […]
Read More →ACE won e-bidding to develop & operate 2 municipal solid waste power plants (9.9mw & 8mw) under 25 years PPA, lifts total to 9 projects in portfolio with total installed capacity of 80.3 mw. CPAXT: cod-ed Makro Ban Bung, its 8th store in Chonburi province to capture growth from industrial estates, diverse customer base of […]
Read More →AOT: Transport Ministry sees surged demand for flight slots for an upcoming summer schedule from Mar 30 till Oct 26, expects govt new measures attract more international arrival & spur demand for domestic travels. CCET reported Jan 25 electronics components sales at $366.95m, +4.76% mom, +18.7% yoy. Comment: Refer to the Taiwan listed entity to […]
Read More →AH sees windfall from Honda & Nissan M&A deal as it’s already suppling OEM parts to both, multiple manufacturing bases in TH, CN, Malaysia, Portugal providing competitive advantage from risk diversification. Comment: There’s no windfall…volumes would remain the same. SEC asks CPAXT to clarify its investment in Happitat by 25 Dec, amid concerns of conflict […]
Read More →ASW to launch 1-2 projects annually in Pattaya worth Bt2b to capitalize on strong demand from diverse buyer segments, particularly foreigners seeking to diversify from China following Trump’s victory. COCOCO revised up FY25 revenue target to Bt10b from Bt8.5b supported by new clients from US & AU, broader range of coconut products (coconut oil for […]
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