CPN firms on plan to open Central Plaza Ayudhaya & Sriracha in 2H, target completions of Dusit Central Park in FY24, 9.2 acres mixed-use projects under JV Hong Kong Land by FY26, will finalize plan to estimate mall in Vietnam before end of year. Comment: Still the best mall operator in the country by a […]
Read More →CENTEL sets Bt10,400m 3-year capex for hotel, food and other investment, to open Phuket hotel for travel bubble program there from July 1. Comment: They’re going to capture the market share. CRC cuts FY21 revenue growth target to 10-11% from 10-12%, scale back CAPEX by 10-15% from Bt16-18b, delay 3 malls launch including Robinson Lifestyle […]
Read More →ANAN reports Bt3,979m 1Q21 pre-sales, 17% higher than target, thanked to 100% sold-out of one condo projects, sees solid demand for condo along mass transit lines. Comment: Sold out one project @ cost? BEAUTY develops new business model, by securing distribution channel via retail outlets in provincial areas, sets to appoint 8 large distributors, covering […]
Read More →BA expects Bt3.9b revenue from passenger traffic this year, with 61% load factor, sees full recovery in 2-3 years. Comment: I’m still wondering when/if BA/AAV will recap, I’m just waiting for this opportunity. BAM mulls spinning off retail & P-loan unit to boost flexibility and improve competitiveness, in talk ILM & GLOBAL to tap in […]
Read More →ADB upbeats FY21 outlook from recovery demand for compound plastic beads, adhesives and sealants for med supplies, wire coated, building material and auto. CKP expects 15-30% revenue growth this year, sets Bt2-4b capex for PP. BTS signs Pink Line extension into Muangthong Thani with NBM worth Bt4,230m, with BLAND in for Bt1,250m and the rest […]
Read More →ANAN’s last year presales reached Bt17,473m, thanked to Bt4,384m in 4Q, 18% higher than target, sees sustainable demand for condo along mass transit routes. Comment: Yes higher than a lowered target, but regardless still shows demand exists out there. AOT said it has Bt30b cash on hand to deal with current crisis, not seeking more […]
Read More →ADVANC sees significant surge on data traffic during December 25-January 1, 21 as media usage and online shopping jumps on travel restrictions, expects momentum continue from WFH scheme on fresh round of pandemic. BEC: Silchester international cuts holding by 0.25% to 4.9938% of total outstanding on December 30. GUNKUL reports disposal of Iwakuni solar projects […]
Read More →AS to launch 8-10 online games in FY21, expects download jumps from 2nd round of Covid spreads, target 15-20% next year. BCP sets Bt23b capex for FY21 to revamp cracking unit and R&D petroleum products, purges holding in Lithuim Americal Corp (LAC) for $136m vs initial investment of $36m, cap gains will be rec directly […]
Read More →CHOW’s board approves plan to sell 6 units in Japan, owning 9 solarfarm with 64.21MW capacity, for Bt4,114m, pending shareholder approval on Jan 27, 2021. KTB is not going to compensate those who failed to register for the 2nd-phase copayment scheme on Wednesday when DTAC’s OTP system crashed. Comment: It’s not KTB’s fault, the fault […]
Read More →CK wins 2 tollway maintenance contracts (Si Rat – Outer Ring & Udon Ratthaya Expressway) from BEM total Bt1.005b. DTAC’s offering up to Bt3,500 worth of compensation to subscribers unable to sign up for government’s 50-50 co-payment scheme due to technical glitches in its online systems yesterday morning. Comment: Well done DTAC, they’re going to […]
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