Stocks in the news (dtac, bgh, n-park, true) 05.04.13

DTAC

DTAC continues 3G network expansion — DTAC vows to be at the forefront of the 3G mobile broadband market this year thanks to its upgraded network platform. It expects to almost triple its 3G mobile subscribers from 3.5mn to 10mn this year using its 850- and 2100 MHz frequencies. It is able to install 300 3G base stations per week thanks to its existing 3G-ready network implemented two years ago, Prathet Thankuranum, senior vice-president for operations said. (Bangkok Post, 05/04/13)

BGH

New hospital in Yaowarat — BGH will open a 59-bed hospital “Bangkok Hospital China Town” in the Chinatown area (Yaowarat) in 2014. It also plans three small clinics this year on Sukhapiban I, Watcharaporn and Chareon Krung. (Post Today)

Comment: Small impact on overall numbers for the company but I still think its otw to 200+

N-PARK

N-PARK gets fresh cash injection — N-PARK is set to resume activities after new investors, including Pracha Maleenont, injected about Bt1.55bn into the troubled property firm. Nakorn Laksanakarn, the president and CEO said the company’s plan is two-fold – purchasing assets that promptly generate revenue and buying land for property development. Of the Bt1.55bn in new capital, Bt250mn will be used to repay debts to ACL Bank. The other Bt1.3bn will be used to buy a hotel or service apartment complex and start new projects. (Bangkok Post, 05/04/13)

Comment: We used to joke about buying N-Park when it was trading at 0.01-0.02, and now its @ 0.21!  

TRUE

TrueVisions beefs up content — TrueVisions, the country’s leading pay-TV operator, has set aside BT1bn to enhance and add content without fees, seeking to retain existing customers after English Premier League rights expire next month.

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