ASW expands into lifestyle and entertainment by taking 41.18% stake in Zaap World, to add brand value among new gens. Comment: Other than MK suki, and perhaps now After You, what other Thai brands have actually succeeded staying in people’s minds? CKP adds 8% more stake worth Bt21.5b in Luangprabang PP, bringing total to 50%, […]
Read More →BANPU in collab with SG partner Durapower & TH largest bus manufacturer, Cherdchai Motors sales to establish battery assembly plant in Nakhon Ratchasima province, target cod 1H23, aims to boost capacity to 1GWh by eo-FY26. Comment: I just wonder where they’ll source the raw materials for this to ensure competitive pricing? BEM’s retail subsidiary, BKK […]
Read More →ADVANC reported 3Q net profit @ Bt6.37b, -2% yoy vs Bt6.54b consensus, subscribers rose to 43.7m, BB topped 1.6m subscribers, ARPU slightly drop from competitive air time package, will start digital lending venture with SCB (AISCB) 1Q22. AS will launch 3 mobile games before end of year, developing virtual reality (VR) games to capture growing […]
Read More →Notable Transactions Buy(s) THB 135 mn NEX – EA buying into NEX, so the CFO of EA takes a position for himself. SICT – The deputy CEO buys THB 24 mn Sell(s) THB 219 mn SICT – The CEO dumps THB 28 mn (odd when seeing the above) PLANET – So the CEO and CTO […]
Read More →ANAN to issue Bt1b worth of subordinated debt, offering 9.5% p.a. for first 5 years. Comment: That sounds closer to what I expected for debt pricing, though in reality it should be double digits. BEM sees Blue line ridership rose to 60% or 250ktpd avg post lockdown, expects momentum carry to 2H on school reopen. […]
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