ADVANC
ADVANC building up 3G network. It will bring total stations to 20,000 in 2014 from the current 19,000. It plans to set up 3,000 small cells nationwide in 2014 from currently 300 to support data usage. (Kao Hoon, 01/09/14)

AMATA
Amata well positioned to tap into AEC potential – With the formation of the ASEAN Economic Community (AEC) drawing near, Amata Corporation Plc is gearing up to expand its industrial land area by tenfold to 1,000sqm by 2020to serve the expected surge in regional investment and trade. Vietnam, Myanmar and Thailand will be its main focus. (Bangkok Post, 01/09/14)

CCP
CCP to book extra profit of Bt55mn from selling SMART, making 3Q14 a good quarter. SMART set its IPO price of Bt1.9 and is preparing to trade on mai on 2 October. (Kao Hoon, 01/09/14)
Comment: A small overall impact on the company’s totla earnings for the year.

CIMBT
CIMB Thai Bank (CIMBT) sets ambitious lending and deposit growth targets for its newly-opened Vientiane branch at 80-100% per annum over the next three years. The vibrant growth of the Laotian economy will be the major driver helping the bank to achieve these goals, said chief executive Subhak Suwaraksa during a press trip to Vientiane. (Bangkok Post, 01/09/14)

CPF
Halal food line — CPF is setting up food lines to produce halal-rated foods. It expects to export US$600mn in halal items in 2014. (Kao Hoon, 01/09/14)

GOLD, UV
REIT for GOLD, UV and TCC Land — The Sirivadhanabhakdi family plans to increase capital by Bt25bn by setting up a REIT in October. UV, GOLD, and TCC Land will sell assets into the REIT. GOLD expects to book Bt2-2.5bn extra income from the sale of its assets and UV expects Bt1.5bn. (Kao Hoon, 01/09/14)
Comment: It’s no surprise here given the assets that they have on hand specifically the office buildings that they can sell to the REIT plus UV and TCC did just win the lease rights for the cadet land.

JAS
JAS served — JAS confirms that it has been served, with three banks filing with the court asking it to repay debt of Bt1.5bn. (Post Today, 01/09/14)
Comment: Well there you go!

KBS
Conversion, new sugar complex — Mitsui converted its KBS’s warrants into 50mn common shares at a price of Bt12.7 per share. Management plans to use Bt635mn to set up a sugar energy complex worth Bt4.2bn. (Kao Hoon, 01/09/14)

KTC
KTC accessing provincial markets in 14 provinces and has launched a new marketing campaign. It expects credit card spending growth of 15% and member growth of 10%. (Thun Hoon, 01/09/14)
Comment: If KTC are able to use KTB’s distribution network then yes absolutely possible.

SLC
SLC continues digital TV operations, although network coverage is at 30%, below the NBTC’s target. The company is asking for no network fee and expects a greater net loss in 2014 than in 2013. It is confident that 2016 will be in the black and plans to increase capital to strengthen potential business growth. (Kao Hoon, 01/09/14)
Comment: SLC could continue to lose money for a long time, I wouldn’t be surprised to see someone buy them out in the future.

TKT
TKT reported slowdown 2Q14 performance, in line with the company’s estimate, as auto industry growth was flat in early 2014. Management is confident that 2H14 will be better HoH and is seeing some onset of recovery thus far in 3Q14, but in 2014, the auto parts industry as a whole will contract YoY. (ASTV Daily Manager, 01/09/14)