Ch. Karnchang Plc was founded in 1972 to engage in the general construction business, focusing initially on civil works for government agencies. Listed on the Stock Exchange of Thailand since August 1995, it has since expanded the scope of its work substantially. Prasert Marittanaporn, senior executive vice-president for administration, discusses the company’s strategy and outlook. […]
Read More →Thailand Public Debt down in November – The PDMO said the country’s public debt came down Bt10.42bn to Bt5.62trn in November. (Thai Post, 10/1/15) Sommai has tax reforms top of agenda – The Finance Ministry will take another year to complete tax reforms that focus on widening the collection base, closing loopholes used to avoid […]
Read More →AMATA Amata to invest in Vietnam’s Dong Nai – Thai industrial-city developer Amata will invest in three high-tech industrial-park and urban-development projects in the southern Vietnamese province of Dong Nai, news website dddn.com.vn reported. Amata Vietnam will be the investor in a 753-hectare urban-development project in Tam An commune in Long Thanh district. (The Nation, […]
Read More →LH LH to make further inroads in US market – SET-listed developer Land & Houses Plc (LH) plans to double its investment this year, earmarking Bt12bn to buy new plots of land and invest in rental properties both here and in the US. Adisorn Thananan-narapool said the company would continue investing in rental apartments in […]
Read More →AOT Waiting for cabinet approval — AOT is waiting for cabinet approval of the backup runway project with Multi-Function Terminal with an investment budget of Bt48bn. The PM has confirmed that the government wants AOT to set up an infrastructure fund to help finance its projects. The company’s board meeting will be held on January […]
Read More →The latest method to manipulate stocks in the past 18 months has been for dodgy companies to issue PP’s (yes yes they say its to raise capital, but just look at who the shareholders are) to large investors, which essentially provides to them a massive # of shares for them to control the demand/supply on […]
Read More →DRT DRT expects sales this year to be better supported by the recovery in the construction material and real estate markets as the government continues to inject investment to help stimulate the economy. The company plans to launch new products and expand in markets at home and aboard. (Kao Hoon, 13/01/15) Comment: We do wonder […]
Read More →A volatile start to the year with the market dropping and recovering quickly, there are several factors going on this week, we still have falling oil prices, currencies weakening/strengthening, politics and the only company related news is only bank earnings.
Read More →AOT Flights and passengers up over New Year — AOT reports its statistics during the New Year holiday season (11 days) for six of its airports: total flights during the period were 22,218, up 9.4% YoY, and total passengers hit 3.6mn, up 15.7%. (Kao Hoon, 12/01/15) Comment: And this despite everything that has happened to Thailand in […]
Read More →Notable Transactions Buy(s) THB 245 mn NMG – The Presidents buy’s a significant number of shares worth THB 37 mn IFEC – The CEO buys a sizeable stake, most likely off the market. EARTH – The key family members are buying back stakes, most likely off the market as well. Sell(s) THB 1.1 bn EA […]
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