ANAN -JV with Japanese developer — ANAN has announced that will be setting up a joint venture with a Japanese developer, Mitusui Fudosan Residential Company, “Ananda MF Asia Co., Ltd†with an investment budget of more than Bt1.8bn. The first project, “Ideo Q Rama 4â€, a condominium project worth Bt6.5bn near the Sam Yan MRT […]
Read More →HMPRO HomePro bullish on sales — Home Product Center Plc, the operator of HomePro hardware stores, is confident of achieving 15% sales growth this year to Bt39.71bn despite the economic slowdown and weak purchasing power. As up to 80% of Home Pro’s customers are homeowners, they still spend on home repairs or renovations no matter […]
Read More →CK CK optimistic — Thailand’s third-largest contractor by market value expects the cabinet to approve today a contract worth over Bt20bn to supply trains and operation system of the Purple mass-transit rail line. Following the endorsement from the cabinet, the SET-listed subway operator Bangkok Metro Plc will sign the contract with CK this month for […]
Read More →Notable Transactions Buy(s) THB 1.15 bn GFM – Change in ownership between family members MINT – Heinicke buying more shares worth THB 30mn NMG – This director obviously has a lot of faith in the digital tv business, THB 100 mn worth of shares bought POST – The Chairman buys THB 80mn RS – Director betting on […]
Read More →CK Signs on water job — CK signed a contract for new work worth Bt658mn to improve the water supply for the Lampang province. It expects 2Q13 revenues to exceed Bt8bn and signals that it is to book in extraordinary income in 3Q13 worth Bt300-400mn from its CKP holdings. (Khao Hoon, 06/08/13) JAS Jasmine revving […]
Read More →CPN At CPN, B53.2bn for new Rayong mall – Despite the gloomy global economy, leading local retailers vow to maintain their business plans in order to meet sales projections this year. Central Pattana Plc (CPN) is the most active, intending to use Bt3.2bn to build a new shopping mall in Rayong and capture rising spending […]
Read More →Notable Transactions Buy(s) 152 mn GFM – A continued swap in shares within the family SIRI – This is odd, the President appears to be swapping shares amongst his own accounts…? Sell(s) 161mn GFM – See Above IFECÂ – A director sells off THB 20 mn worth of shares SIRI – See above
Read More →CSS plans to go public for warehouse, office ventures — Communication and System Solution Plc (CSS) plans to go public in 3Q13 by allocating 200mn IPO shares to expand its warehouse and office business. The company is doing a roadshow in four provinces starting August. (Khao Hoon, 15/07/13) Comment: This could be a potentially interesting […]
Read More →BECL: June traffic growth of 3.3% — BECL reports moderate traffic growth in June at +3.3% YoY. An associate is listing and will begin to trade on July 18, 2013, at which time BECL will sell 20.6mn shares in the company. (Company) BTS: Vietnam subsidiary to bid for VN elevated rail management —BTS’s subsidiary is […]
Read More →Lots of transactions happened last month! Notable Transactions Buy(s) – THB 4.4 bn BGH – Massive purchases by the key players of BGH, THB 400 mn worth BLAND – K. Anant back in the fold BTS – K. Keree buy’s back a massive amount, THB 2.3bn, of shares in BTS EPCO – Chairman purchases some […]
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