Donald Rumsfeld referred to Europe as “Old Europe” years ago in a speech and its something that has stuck in the back of my mind ever since. Population demographics of a country is tremendously important for the growth of a country and this is why SE Asia is still a fantastic place to be investment […]
Read More →BJC Sets up Lao subsidiary — BJC said that the company has set up a new subsidiary in Laos named BJC-MPM (Laos) Sole Company Limited, registered on August 14th with capital of Bt103.53mn, to provide consulting service on trading and investment in Laos. BJC-Mpoint International Company Limited, a 51% owned subsidiary of BJC, holds 100% […]
Read More →AMATA AMATA in power JV — AMATA has revealed plans for a joint investment in a small power plant project worth more than Bt500mn with a capacity of 264MW after the board approved the joint venture plan of its two newly set up companies “Amata B. Grimm Power 4 and Amata B. Grimm Power 5â€. […]
Read More →BAM on target for stock listing in 2014 – Bangkok Commercial Asset Management (BAM), the state-owned debt management firm, confirmed its plan to seek listing on the Thai stock market by mid-2014. President Krit Sesavey said it is waiting for its parent Financial Institution Development Fund (FIDF) to allow it to move forward with its […]
Read More →AUCT IPO of 110mn shares — Mr. Aekpittaya, CEO of AUCT, said the company will be offering 110mn IPO shares at par value of Bt0.25/share and at an offering price of Bt2.00 on July 31 and August 1- 2. It is expected to be traded on MAI on August 9, 2013. (Khao Hoon, 29/07/13) MCOT […]
Read More →CPF plans acquisitions of two Russian companies , approves joint venture : Charoen Pokphand Foods (CPF) hopes to expand its exports through the acquisition by CPF Investment (CPFI) of two Russian companies – Russia Baltic Pork Invest ASA (RBPI) and Penza Food – for a combined equity investment of Bt4.3 billion. CPF will acquire an […]
Read More →CK eyes 25% of Bt2trn transport projects – CH Karnchang (CK) hopes to secure 25% of the Bt2trn worth of infrastructure projects due to be put up for bidding by the Transport Ministry between this year and 2016. (The Nation, 25/07/13) KBANK Kasikorn sees brighter days ahead for corporate deals – Kasikornbank (KBANK) predicts strong […]
Read More →This was all over the news last night. Thai telecommunications group True Corp Pcl TRUE.BK said it aims to raise at least $2.25 billion by listing an infrastructure fund to help pay down debt, in what would be Asia-Pacific’s biggest initial public offering so far this year. Source: Reuters Our thoughts? If True were to […]
Read More →BLAND to set up REIT — BLAND is to book in profits from its Sri Nakarin land sale of Bt3bn in 2Q13/14 and also to establish a Real Estate Investment Trust (REIT). BLAND-W4 is to start trading tomorrow (Jul 25th) and expects BLAND price to be Bt1.80, leaving BLAND-W4 at Bt0.45. (Khao Hoon, 24/07/13) Comment: […]
Read More →GRAMMY GMM Grammy issues new shares ahead of license bid – In preparation for its bid to secure digital terrestrial TV licenses, entertainment giant GMM Grammy yesterday issued 106,052,989 new ordinary shares at par value of Bt1 each, to be offered to existing shareholders at a ratio of one new share per five existing ordinary […]
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