BBL BBL is planning to expand its custodian business into CLMV countries. BBL is the first bank to be awarded a custodian license in Laos, paving the way for foreign investors to invest in Laos’ capital market with interest in 3-4 foreign funds licenses. Vietnam is BBL’s next target. (Krungthep Thurakij, 20/02/15) Comment: After talking […]
Read More →ASP New Europe trigger fund — Asset Plus Asset Management expects a rebound in European stock markets and is launching a Europe trigger fund with an expected return of 16% over MSCI Europe Index. Its ASP-Europe Value Fund will accumulate more European stocks. (Khao Hoon, 13/2/15) Comment: Why Thai retail investors love Trigger Funds I […]
Read More →AOT U-Tapao to be developed for commercial use — The Transportation Ministry says that Airportd of Thailand (AOT) and U-Tapao airport will coordinate to develop U-Tapao airport for commercial aircraft and passengers. Currently, U-Tapao airport serves only charter flights with passengers at 100K/year, far below its capacity at 800K/year. They plan to sign an MoU […]
Read More →BTS Confirmed for O&M on South Green Line — Minister of Transportation Prachin has confirmed that BTS will obtain the O&M contract for South Green Line worth Bt9.1bn. BTS management met the minister to discuss the project and expects the Mass Rapid Transit Authority of Thailand to conclude the details in January 2015. (Kao Hoon, […]
Read More →The SET has announced the semi-annual index review results for the SET50, SET100 & SETHD indices to be effective the first half of 2015 (Jan 1 – Jun 30). SET50 Index (SET50): 4 ADDED: CK, HEMRAJ, KTIS & SPALI 4 DELETED: BLA, GLOBAL, KKP & THCOM SET100 Index (SET100): 10 ADDED: ANAN, DEMCO, HANA, ICHI, […]
Read More →AOT AOT reports FY2014 profit of Bt12.2bn, 25% lower than last year, as a result of 88% lower hedging profit. (Kao Hoon, 1/12/14) BCP Offering to buy BCP shares from PTT — BCP’s management and employees will make an offer to buy 27% of BCP shares from PTT worth Bt12bn. (Kao Hoon, 1/12/14) Comment: Now […]
Read More →As posted earlier this month, there MSCI rebalancing was effective as of today’s closing, a gentle reminder on what the changes were MSCI GLOBAL STANDARD INDEXES – The following are changes in constituents for the MSCI Global Standard Indexes which will take place as of the close of Nov 25, 2014. ADDITIONS: DELTA, EA, TUF […]
Read More →BANPU Power plants, coal at core of new Banpu plan : Banpul Plc is preparing a new five-year business plan in preparation for the current plan ending in 2015, the company has revealed. (The Nation, 14/11/14) Comment: For banpu to become an attractive investment again one of two these two things have to happen 1) […]
Read More →MSCI GLOBAL STANDARD INDEXES – The following are changes in constituents for the MSCI Global Standard Indexes which will take place as of the close of Nov 25, 2014. ADDITIONS: DELTA, EA, TUF DELETIONS: None MSCI GLOBAL SMALL CAP INDEXES The following are changes in constituents for the MSCI Global Small Cap Indexes which will […]
Read More →AMATA, HEMRAJ/ SAT, STANLY, AH BoI approves 18 new projects, total value Bt90bn. AMATA and HEMRAJ, SAT, STANLY and AH will all benefit, with the latter hoping to receive orders from Eco Car Phase 2 with five automakers so far having been approved. (Kao Hoon, 08/10/14) Comment: It isn’t necessarily true that the 3 automotive […]
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