BJCHI expects 2016 revenue to grow 15%, backed by projects worth Bt5.2bn. It plans to join a new Bt40bn auction and expects to get projects worth of Bt6.5bn. (Thun Hoon, 3/12/15)
Comment: And yet despite the decrease in oil prices, they still can continue to grow, why? It’s a huge industry and Thailand is cost-competitive still versus Korea and China
CHOW will increase its solar farm production next year to 100MW. It is negotiating with partners both in Thailand and abroad to invest in solar farms. (Bangkok Post, 3/12/15)
Comment: CHOW is still expanding continuously looking for projects here and abroad and unlike SUPER they actually have the capital to do so
CPALL management fined for insider trading – CP All Plc chairman Korsak Chairasmisak, two vice-chairmen and the legal adviser to the company’s board have been fined a total of 33.33 million baht for insider trading for the CP All deal to buy Siam Makro Plc. (Bangkok Post, 3/12/15)
Comment: Posted already…
DEMCO expects to bid for government and private projects worth Bt10bn. (Thun Hoon, 3/12/15)
Comment: It’s been rather surprising to see very little from Demco’s management, next week’s opportunity day will be interesting.