AOT
AOT to put Suvarnabhumi airport phase 2 up for auction, This project is valued at Bt16.7bn (Khao Hoon, 23/3/16)

BJC
Berli Jucker Plc’s (BJC) shareholders okay buying BIGC. Shareholders have voted in favour of a $6.2 billion acquisition of hypermarket operator Big C Supercenter Plc from France’s Casino Group, sources told Reuters. (The Nation, 23/3/16)
Comment: Boom and now they have BIGC in Thailand and Metro in Vietnam, don’t be surprised to hear about expansions into Laos and Cambodia next.

CCP
CCP is confident that 2016 revenue will reach Bt2.6bn with Bt2.485bn backlog. It plans to join auctions worth Bt3bn. (Khao Hoon, 23/3/16)

EFORL
EFORL handed letter to SEC regarding internal control of Wutthisak Clinic Inter Group. It is planning to list its subsidiary on the market. (Thun Hoon, 23/3/16)
Comment: Well priced in by the market for years…

JAS
Chinese investor still awaits finance nod — Jasmine International Plc informed the stock market on Tuesday that its Chinese partner had been unable to get approval in time to provide the promised 72-billion-baht in bank guarantees required for the deadline payment on its fourth-generation (4G) spectrum license. (Bangkok Post, 22/3/16)
Comment: And shareholders should still trust this management? Oh why not if they approve a share buy back at 5 baht!

MK
MK targets revenue of Bt4.1bn with 4 projects worth Bt2.35bn. It also plans to sell land worth Bt2.5bn within four years. (Khao Hoon, 23/3/16)

PJW
PJW targets revenue growth of 5-8%. It is initially investing Bt30bn to expand in China. It might invest in Indonesia and Vietnam in the future. (Khao Hoon, 23/3/16)
Comment: There must be a typo here from the news, guessing it must be 300mn, given the size of the company

PPP
PPP expects 2016 strong performance, driven by the severe drought. It is planning to join a motorway auction and take over a biomass plant in the south. (Thun Hoon, 23/3/16)
Comment: I don’t quite understand why this company would suddenly pivot into biomass given that they have zero competency in it.

PTTEP
PTTEP is rated Baa1 by Moody’s, which means stable outlook, plenty of cash and low debt. (Thun Hoon, 23/3/16)

SAW
SAW revised its revenue growth to stable, from 5-10%, in response to the expectation of production of just 1.9mn vehicles. (Khao Hoon, 23/3/16)