CKP: To delay IPO. CK Power will delay its IPO date from 26-28 June to 3-5 July. The company plans to sell 220m shares during the IPO at around Bt12-15 apiece. Of the total IPO shares, 180m shares will be newly issued and 40m shares will come from existing shareholders. (Source: Khao Hoon) Comment: This […]
Read More →ADVANC AIS to bring curtain down on 2G service — ADVANC plans to end 2G mobile service after its concession expires in 2015, say executive chairman Somprasong. (Bangkok Post, 24/06/13) Comment: Welcome to the world of tomorrow! Mitsubishi: In talks to buy BAY. Japanese Mitsubishi UFJ is reported to be in the final stages of […]
Read More →Thailand Central bank throws red flag on loans — The BoT ramped up its warning that escalating household debt in recent years is posing a risk to the country’s financial stability and warrants close monitoring. BoT data shows household debt accelerated to 78% of GDP last year from 63% at the end of 2010. The […]
Read More →MCOT MCOT: In digital TV deal. MCOT has reached an agreement with CAT Telecom to use its telecom infrastructure across the country as gap fillers to supplement its upcoming digital TV broadcasting services from its 140 existing broadcasting sites. This will help the company to expand its digital terrestrial TV network in the country as […]
Read More →Dimet (Siam) Plc (DIMET) produces and sells high-performance protective coating to oil and gas and related industries such as petrochemical plants, refineries, power plants and oil and gas exploration platforms in the Gulf of Thailand as well as timber finishes, architectural and industrial coatings for automotive parts and gas cylinders. Chairman Suraphol Rujikarnchana discusses the […]
Read More →When we saw this chart on the 19th June… Source: Zero Hedge …our hearts sunk for a moment as we feared an event similar to 2008 with Lehman going under and repo/overnight rates globally spiking, thankfully the 19th the Chinese government has come out saying that they will provide liquidity to the market. But we […]
Read More →AOT AOT gets screening fee nod — AOT can charge air passengers for advance passenger processing, under a Civil Aviation Board decision yesterday. AOT is expected to introduce the system this year and the board has capped the charge at Bt50/passenger. AOT will install an advance passenger processing system (APPS) that will speed up immigration […]
Read More →BECL EXAT approves hikes in toll fees — The Expressway and Rapid Transit Authority of Thailand board has approved a proposal seeking the raise tolls for the urban and suburban expressways by at least five baht. EXAT governor Aiyanat Tinapai said the toll increase for the urban expressway network will come into force on September […]
Read More →Notable transactions Buy(s) THB 124.0 mn GFM – Looks like the transaction between family members is still continuing Sell(s) THB 81.3 mn GFM – See above
Read More →Last week was another wonderful ride down for the SET on the back of continued foreign selling, our analysis indicates that they have already sold back down to Feb ’12 levels so unless the Fed comes up with something unexcepted mid-week we’re under the impression that most of the selling is over. Cash is still a […]
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