CENTEL (CRG): Acquires 40% stake in Miracle Planet (parent of Lucky Suki) for THB 940mn. Comment: And that’s another restaurant chain whose quality will decline over time. MAGURO: Opening 2 Tonkatsu AOKI branches at Iconsiam and Mega Bangna in 4Q; total now 53 branches across 7 brands, targeting 30% FY revenue growth. Comment: They’re still […]
Read More →ATLAS: LPG business, a subsidiary of PTG, Atlas Energy, debuts IPO 418.42m shares at Bt3 apiece. Comment: A good first pump, better for the parent. BGRIM: To expand into S. Korea by closing a deal to increase its stake in Nakwol 1 to 49% (acquired 20.8% stake) and boosting its 365MW offshore wind portfolio. (Kaohoon) […]
Read More →AOT said won’t cancel King Power duty free contract, preparing to adjust it as per advisor’s proposal to maintain both parties’ interests, with plan to propose a Bt200 hike in PSC to help cushion potential revenue losses from contract adjustment. Comment: It helps when the current CEO of King power is the former CEO of […]
Read More →ADVANC targets non-mobile business to reach 20% of overall in 3 years, focusing on retail, entertainment, and digital financial, with flagship virtual banking to start in Jul 26. Comment: Fake digital banking. BAM: keeps FY cash collection target at Bt17.8b after logged Bt10.15b in 1H, launch NPA sales campaign (Opportunity for all) target freelance & […]
Read More →AEONTS 2Q25 turnaround after 1Q NPL peaked at 5.1%; improved collections, lower credit cost, and THB 150m NPL/NPA gains. Comment: We’re all watching this space…. AOT Air India Express to launch daily Bengaluru BKK flights on Oct 18, expand routes to Lucknow, Pune, Surat, and Hyderabad Phuket. PTT-EA-NEX-CWT consortium targets EV bus leasing […]
Read More →BANPU anticipates 2H turnaround from driven by 14.5mw Iwate Tono battery energy storage system pj (BESS) in JPN cod-ed in Jun, contribution from 50% stake in 350mw Wooreen BESS pj in Victoria, AU, temple I & II pp in Texas, expects transaction of $370m US natgas M&A (Bedrock Production LLC) to complete in 4Q, lift […]
Read More →APCO in talks Nigeria prtnr to expand health supplement biz in Africa, expects to secure OEM ords to supply 12 items at first phase, ink deal in Jun. AOT: Austrian Airlines will increase flights frm Vienna to BKK, operating double daily services for an upcoming winter flight scheduled frm Oct till Apr 2026. AWC & […]
Read More →BKA: home renovation services & second-hand home agent, Bangkok Asset Intergroup, debut IPO 60m shares at Bt1.8 apiece, Beyond Securities leads. Comment: Could the IPO fever come back? This one popped well and held the price. CPF acquires 23.8% of C.P. Pokphand (CPP) for $1.1b from Itochu, lifts holding to 100% of the holding co., […]
Read More →Alpha Chartered Energy emerged as #4 top holder in BCP at 7.1426%, after buying 4.5687% or 62.9m shares from Capital Asia Investments on Mar 19. Comment: Yeah they’re just swapping shares amongst the same people – there’s a funny money game going on here. BGRIM reports cod-ed of 14mw solar project in Japan on Mar […]
Read More →AKR launches cast-resin transformer, no insulating oil required, suitable for high-rise building, commercial & industrial applications, seeks to exports in ASEAN as a good substitution from products imported from SPN & ITA, target FY25 revenue growth no less than 10%. KTB mulls studying on share buyback, with Bt57b cash on hand, P/B at 0.76X and […]
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