What a rebound! Crisis over! Well that was quick wasn’t it? Strongest rebounds were seen in the financials, prop and the tech sector, consumer products haven’t done so well.
Board approves capital increase — JUTHA’s board has approved a capital increase of 49mn shares, priced at Bt4.50/share; 22.45mn will be privately placed (PP). (Khao Hoon, 16/09/13)
Comment: Looking to buy more ships?
GFP raises LPN holding — The Government Pension Fund (GPF) has increased its holding in LPN by 10mn shares to 36.37mn shares. LPN management says revenues for 9M13 are expected to reach Bt10bn and Bt15bn by year end. (Khao Hoon, 16/09/13)
Comment: Fantastic news for one of the best well-run property co’s