Exciting stuff! Currently the MSEC is operating in the old fashioned way on the floor off an electronic exchange, this new development should be able to boost things along much faster. The Yangon Stock Exchange (YSE), which will replace the Myanmar Securities Exchange Centre (MSEC), will be launched in Myanmar by October 2015. Myanmar’s Deputy […]
Read More →ADVANC AIS lays broadband blueprint – Advanced Info Service (AIS), the country’s largest mobile operator, is jumping on the fixed-line broadband internet bandwagon with planned commercial service to begin in early 2015. “We believe now is the perfect time to enter the market, worth 50-60 billion baht last year, as the industry just reached a […]
Read More →AOT AoT to seek Dec nod for new terminal – Airports of Thailand (AoT) Plc will ask the cabinet as early as December to approve the construction of a second terminal at Suvarnabhumi airport to serve more passengers. AoT board chairman Prasong Phunthanet will meet Transport Minister ACM Prajin Juntong today to discuss the construction […]
Read More →There hasn’t been much news driving the markets other than the expected downgrade of Thailand’s GDP growth to +2% from its 3-4% expectations (which were absurd to begin with), going forward this week we’ll see more economic reports in regards to exports and inflation but all in all not much else.
Read More →AJD AJD gets Bt300mn from issuing warrants. The company is studying setting up a subsidiary with a Chinese partner to develop a solar farm. It expects sharp net profit growth in 4Q14 as its set-top box market share is at 50%. It said the issue of 11mn set-top box coupons will push its set top […]
Read More →Notable Transactions Buy(s) THB 119mn IFEC – So this funny renewable energy company is actually worth something in the eyes of this Director RS – K. Surachai has been buying shares in RS non stop for the past 2 years SAM – The MD buys a relatively large stake (mkt cap is thb 2bn) in […]
Read More →Background Singha Estate Plc (S), formerly RASA, came into the market via a reverse IPO in May 2014, and the stock price has increased substantially from THB ~3 to now THB 8.9 Just this past Friday, the transfer from Rasa to Singha was completed with the Boon Rawd subsidiary Singha Property Management Co and […]
Read More →On Friday the SEC put a suspension on JAS’s stock and its derivatives b/c they have to get their financial statements in order The Supreme Court had reversed the decision of the Central Bankruptcy Court by rejecting the rehabilitation plan and canceling business rehabilitation order issued by the Central Bankruptcy Court. JAS later disclosed in […]
Read More →Mega Lifesciences Plc (MEGA) is a leader in human wellness across global emerging markets. Founded in 1986, it listed on the Stock Exchange of Thailand last November. Chief executive Vivek Dhawan discusses the company’s strategy and outlook. Mr Vivek delivers on his brands’ promise. What is Mega’s business model? Mega is a leading player in […]
Read More →Thailand Dept. of Trade Promotion plan to promote trade and exports to reach the growth target of 4% in 2015 set by the government. The plan will see the department adding over 400 local products to its lists of goods that it will promote. (Thai Post, 26/09/14) ADB bullish on Thailand – The Asian Development […]
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