BCPG’s board has approved the acquisition of a 17.48MW solar rooftop operator, Scan Advanc Power, from Contorno and Prompt Power for Bt211.61m. BIZ has secured medical equipment procurement contracts with five hospitals, totalling Bt858m. GULF, through its wholly owned subsidiary Gulf Edge Services, has raised its stake in cloud service provider AIS Broadband Co from […]
Read More →BANPU: planning more M&A power business in the US to take advantage of Trump’s fossil fuel-friendly policies & power-hungry data center, aims to expand at least 750mw of gas-fires power in the US over next 5 years from current 750mw from Temple I & Temple II operating in Texas. Comment: The news is amazing, first […]
Read More →BCP board approves plan to tender for the remaining 631.859m share of BSRC via share swap, 6.5 to 1 new BCP share, before delisting. From yesterday closing price at Bt4.94 and Bt36.5 for BSRC and BCP, the former looks cheap. Comment: Well that’s interesting…. SC to rebrand and diversify into non-property business next year, as […]
Read More →AEONTS reported 3Q24 (end of Nov 24) at Bt788.57m, +11.7% yoy, beats Bt687m consensus, thanks to Bt94m gain on disposal of AEON Microfinance (Myanmar) in Nov 2024, operation wise PPOP came in at Bt2.6b, -4.9% yoy, -12.6% qoq, loan port -4.4% yoy & -1.8% qoq, NPLs -0.3% qoq to Bt5.3b but NPL ratio increased due […]
Read More →AOT mulls revising up passenger service charges (PSC) both domestic & international from current Bt130 & Bt730/passenger at 6 airports under management, expects to open bid for Suvarnabhumi cargo and East terminal expansion by end of 1Q25. Comment: And there’s no reason why they won’t do it…just more and more cashflow straight to the bottom […]
Read More →CPN plans to expand luxury zone at Central Phuket Foresta from 2k sqm to 8k by 2026, sees daily avg traffic above 50k/d 30% above pre-Covid level, while database of the group’s loyalty program indicated that Central Phuket customers have the highest spending per person among CPN malls nationwide, with wealth segment customers spending up […]
Read More →AWC collabs with Isetan Mitsukoshi Holding to open hi-end supermarket & food hall at One Bangkok mixed-use project. CIVIL anticipates positive earnings momentum carry thru 2H, supported by transfer of 5 construction project total Bt3.3b, Bt22.243b backlog pending to realize, mulls bidding public & private project total Bt4b later this year. Comment: That’s a decent […]
Read More →ASW sets Bt8.7b revenue target this year, Bt19.5b backlog, starts transferring 9 projects worth Bt14.7b, sets Bt17.8b presales, 12 new projects worth Bt25.92b. CREDIT: Thai Credit Bank debuts IPO 254.12m shares at Bt29 apiece, CIMB (TH) leads. Thai Credit bank (CREDIT) sets 20-30% loan port growth p.a., 9M23 NIM at 8.2%, highest among peers and […]
Read More →ADVANC completed successful testing of 5G standalone (5G SA) roaming with Deutsche Telekom Global Carrier & T-Mobile, completing 5G SA roaming btw the US and Switzerland and the US and Thailand. ARIN: local fund, KKPAM, purged entire holding 21.6666% on Dec 8. Comment: News appears to be misleading here, it’s most likely a transfer from […]
Read More →BTW: wins EPC contract for Green Methanol plant in NEOM project Saudi Arabia valued at Bt 444m. CBG: reached agreement with English Football League to extend sponsorship of Carabao Cup for the next 3 years for GBP 18m (Bt 800m). Comment: Well, why not, it does give them global coverage… GULF: signed solar PPA with […]
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