AMA: Labour Minister, Phipat Ratchakitprakarn, cuts holding by 2.8962% to 3.9156% on Dec 12.

AP acquires residential developer, Nayara Sukhumvit, from Narai Property for Bt56m, will hold 99.98% of co., post transaction.

BE8 forms jv with TIPH, Horixon T8, to provide tech services to Dhipaya Group holding in insurance industry and expand services to other industries in the future.

Comment: It’s been said in the insurance industry that Dhipaya is perhaps the best managed insurance co, and BE8 did develop their entire digital platform.

BTSGIF reported Nov skytrain ridership (Green line) +2.7% mom, +6.5% yoy to 17.8m trips.

Comment: What WFH? What tourism recovery issue?

EGCO divests its 49% stake in 609mw combined-cycle power plant, Rhode Island State Energy Center (RISEC), to Shell Energy North America (SENA), to complete by end of 1Q25, in talks M&A 2 deals in TH & US combined worth Bt30b, will conclude next year.

MAGURO: CEO, Eakkalurk Sangsareedumrong, to step down, effective Dec 31, will still serve as director, a member of the Executive Committee, appointed co-founder Jakkrit Saisomboon as CEO effective Jan 1,2025.

Comment: This is just after they’ve announced some new rezzos, ok…

WHA establishes subsidiary to develop WHA Industrial Zone project in Thanh Hoa, Vietnam.

Comment: They’ll beat Amata in VN