CSL

CS Loxinfo building third cloud data centre – CS Loxinfo Plc (CSL), Thaicom’s SETlisted internet service provider, is accelerating construction of the second phase of its Bt600mn cloud data centre in Bangkok. The construction of the second phase was scheduled to be completed next year after the first phase of its third cloud data centre was finished early this year. (Bangkok Post, 27/08/14)

DTAC

DTAC has to pay Bt80,000 per day after the Administrative Court reversed the judgment of the Appeals Court on the suit brought by DTAC against the NBTC for illegal penalty determination. (Kao Hoon, 27/08/14)

EGCO

EGCO plans Rayong industrial estate — Electricity Generating Plc (GCO), Thailand’s second-largest private power producer, wants to diversify to industrial estates, with the first project located on its 500-rai former power plant in Rayong. It has another eight projects under development with combined capacity of 1,600 MW. Once the projects are operating, its total capacity in 2019 will be at 5,000 MW from 4,760 MW now. Four of the projects will start operations between now and 2019. They are a waste-to-energy power plant in Songkhla, the renovated Khanom plant, the Xayaburi hydropower project in Laos and a wind farm in Australia’s New South Wales state. (Bangkok Post, 27/08/14)

FVC

FVC expects revenue of Bt500mn in 2016-2017 but maintains its revenue growth target of 18-20% YoY from Bt305mn. It plans to grow via acquisitions. (Kao Hoon, 27/08/14)

ICHI

Ichitan targets Indonesia — Ichitan told the SET that its board approved the scheme in which the company would form a 50-50 Indonesian venture with PT Atri Pasifik to engage in beverage operations in that country. (Bangkok Post, 27/08/14)

MDX

MDX to develop government-backed renewable energy project. It wants to focus on the energy business and expects revenue from power generation to increase from 40% of total revenue. It is waiting to undertake a 500MW power plant in Myanmar. It expects high earnings in 3Q14 as Japanese investors acquire land factories, underwriting a good performance in 2014 with net profit of Bt252.67mn in 1H14. (Thun Hoon, 27/08/14)

OISHI

OISHI launches new campaign to stimulate sales volume growth of 10-15% YoY. Management has adjusted its target for revenue from food to Bt7bn, +21% YoY. The company expects to add new brands at home and abroad. (Kao Hoon, 27/08/14)

PYLON

PYLON raises revenue target to Bt1.3bn from Bt1.2bn on backlog of Bt870bn. It booked revenue of Bt670mn in 1H14. It aims to obtain new projects worth Bt1.7bn. (Kao Hoon, 27/08/14)

TAKUNI

TAKUNI expects brighter performance in 2H14 due to good sales volume from its oil business. It is preparing to sign an agreement to set up gas storage at an investment cost of Bt140mn and also another agreement on gas pump inspection. (Kao Hoon, 27/08/14)

TRC

TRC expects outstanding performance growth in 2H14. The company also plans to bid for Gulf’s SPP power plant and 4th pipeline construction after it obtains the biodiesel construction project (phase 2) worth Bt1.2-1.7bn. (Kao Hoon, 27/08/14)

TVD

TVD net margin falls to 3.5-4% on the impact of the one month in which the satellite was not available. It expects to increase distribution channels in 2H14 and it is preparing to use the Line application to support revenue growth of 15% YoY. (Bangkok Biz, 27/08/14)

UIC

UIC expects a more orders in 2H14 to lift 2014 performance. The company expects revenue of Bt850mn and is considering an acquisition. It has cash of Bt217mn. (Thun Hoon, 27/08/14)