AMA: former Minister of Tourism & Sports, Phipat Ratchakitprakarn, raised holding by 2.8962% to 6.8119% on Sept 25.

CFARM’s board approved Bt420m investment in dairy farm business, starts with 1,250 milking cows at 1st phase, seeks to branch out from poultry biz to diversify earnings, target cod 1Q26.

Comment: Now this is interesting…different economics all together, one comp in the region is Farm Fresh Bhd

CPN: World Bang Group member, International Finance Corp (IFC) mulls invest of up to Bt4.6b ($125m) in sustainability-linked bonds, Deal Street Asia.

Comment: Sustainability increases the costs on the average household, but reduces the financing costs for the oligarchs

KTB invests Bt30b in Vayupak state fund while Govt Saving Bank participates Bt20b, Govt Pension Fund (GPF) joins Bt10b while SCB, BBL, KBANK, BAY and TTB participates below Bt10b each, AIA (TH) and Thai Life (TLI) are top participants from insurance investors, Kao Hoon.

Comment: Make Thai stocks puntable again!

NER’s board approved Bt1b investment in rubber production plant in Ivory Coast, the largest producer in Africa & 3rd largest producer globally, aims to produce EUDR rubber to serve EU clients.

Comment: Say what? Love to see this, wondering how they’ll manage it from here…

SCB: board approved Bt9.234b investment in newly estimate Vayupak state fund type A unit (public fund).

Comment: Make Thai stocks puntable again!

WARRIX sees national jersey and apparel sales pick up in 4Q on Asean Cup & King’s cup soccer tournaments, mulls expand lifestyle products lineup to broaden segment coverage, penetrate via pop-up stores at sporting events to boost margin from costs effectiveness.

Comment: I still think that they’re going to be hurt by the mainlanders, but it only blunts their growth, their home base is safe.

SAWAD sees earnings bottoming out aft hurt by adverse impact from repossessed vehicles, expects turnaround aft purged 90% of seized vehicles, keeps 10% FY loan growth t/g, NPL < 3.5%, expands insurance brokerage to diversify earnings.

STA is expected to report 9 quarter high profit in 3Q above Bt880m driven by higher average selling price on improved SICOM rubber mkt, higher sales vol of EUDR rubber, tailwind from rubber gloves unit, STGT.

WHAUP inked deal BMW Group Manufacturing (TH) for 12k sq.m. solar rooftop installation under LT PPA capacity of 1.5mw.