AOT No infrastructure fund — AOT denies the rumor that it is going to set up an infrastructure fund. It says that AOT’s financials are sound with cash on hand of Bt40bn and profit of Bt11bn annually. Revenue this year is expected to grow by 10% and earnings for 1Q14 will hit Bt3.3bn. (Khao Hoon, […]
Read More →BMCL – Purple Line deal agreed – BMCL expects construction of the Purple Line extension will be up and running 40 months from now, two years behind the original schedule of 2015. BMCL, which operates 20km of subway trains and 18 stations from Hua Lamphong to Bang Sue, yesterday signed a Bt82.6bn contract with the Mass […]
Read More →BTS BTS group infrastructure fund on — BTS Group Holdings looks to have cleared the way for a brighter future, with the green light to go ahead with its infrastructure fund and a possible rise in skytrain fares. (The Nation, 21/02/13) Comment: Looks like there’s been some sell on the news, we all know that […]
Read More →AMATA – New strategy will slow growth — AMATA said that revenues and profits this year are expected to slow due to a new business strategy, which focuses on long-term leases on land of up to 30 years instead of selling the land. The company hopes to hold on to its assets for the long term […]
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