BAY targets 3-5% FY22 loan growth, NPL <2.6%, teams up MUFG to expand corporate loans in ASEAN, no plans to set up jv on distressed assets management. Comment: That’s because BAY has been far more prudent compared to other banks. If you look at what else MUFG has in the region, you’ll see how BAY […]
Read More →ACG to open Fast-Fit auto maintained garage in BKK at end of November, plans to add 12 branches next year tally total to 18, sees benefits from low capex requirement, fast turnover, healthy margins. AOT targets 483k flights, 62.13m passengers arrival for FY22, sees upside potential on aircrafts movement as China will host Asian games […]
Read More →AOT: Civil Aviation Authority (CAAT) reports 27 airlines scheduled to land in Thailand during November 1-5 Nov, 15,230 passenger arrival on the first 5 days where 10,062 passenger straight to Phuket Comment: The YoY %’s are going to be YUGE! AWC: to open 248 rooms Marriot Courtyard Phuket on November 9. Comment: But they’ll open […]
Read More →AP will launch 1,237 units high-rise projects under jv Mitsubishi Estate, LIFE Rama4-Asoke, worth Bt6.7b, pre-sales kick off October 16. CPF announced buyback up to 400m shares or 4.65% of paid-up under Bt10b budget from October 15 till April 14,22, estimated FY22F EPS +3-5% if program successfully executed.CPF’s HK whole-owned unit, CPFI, proposed to take […]
Read More →AP’s booked Bt23.3b presales in 8M21, on rising price of single detached house, mulls 5 new launches worth Bt7,020m this month. BM reaffirms record high profit, despite slight hiccup in 3Q, confident on 4Q growth, supported by Bt300m backlog. EGCO, RATCH & Electricity Generating Authority (EGAT) established JV, Innopower, to invest in start-up R&D co., […]
Read More →AAV mulls adding more flights to accommodate demand for travel, sees advance booking jumps on Chiang Mai, Chiang Rai & Hat Yai routes. Comment: The limited flights that are going around the country – are full (up to the 75% limited) BAFS anticipates FY22 turnaround from recovery jet refueling business, target sales volume +110% yoy […]
Read More →AMATAV sees better 2H on plan to transfer 300 rai of land in Halong IE Vietnam, while keeping 430 rai land sales target this year. Comment: Their efforts in Vietnam have been rubbish compared to the other players (domestic and international) APCS firms on 40% FY21 revenue growth target >Bt3b supported by strong demand for […]
Read More →ADVANC teams up 6 hospitals to provide telemedicine services, AIS Well-Being, thru digital platform, aims to fill demand from long distance patients, offering real time consultations & monitoring without need for in-person visit. Comment: AIS is achieving what DTAC said they would do 5-7 years ago. BLA launches saving insurance plan, offering min returns, principal […]
Read More →CHG raised holding in Mae Sot Hospital to 90% from 80%. BAFS expects 2% aviation fuel sales growth this year, plans Bt700m acquisition of 13MW solar PP oversea, sees 2H recovery from contribution of recently acquired 34.4mw solar projects bought from PDI in March. LALIN kick-off pre-sales 2 SDH projects next week total Bt1.05b, firms […]
Read More →ASAP in talk M&A insurance broker, seeks to branch out from car rent, used cars sales business, launches mobile app penetrate individual clients, target 100k users by end of year. Comment: I am curious to see where this fellow takes his company. I enjoyed talking with him years ago. One of the few people that […]
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