AQ
AQ sold 34,140 million private placement shares worth Bt1.7bn. It is progressing on selling more shares and believes that this is a good signal to negotiate with KTB. (Thun Hoon, 13/7/17)
Comment: This was supposed to be an up and coming property firm a few years ago to only have fallen apart in the end.

BANPU
BANPU expects revenue to grow more than 20% due to higher coal prices. It also expects earnings to move up by 20%, driven by coal prices. (Khao Hoon, 13/7/17)

CK/LPN/CHEWA
CK, LPN and CHEWA to invest in Kamala Senior Living project to develop real estate for the elderly in Phuket worth Bt3.5bn. (Thun Hoon, 13/7/17)
Comment: A test case for a proper senior living project in Thailand

CPF
CPF share price dropped by 1.26% from concern over loss in CPP of around Bt500mn after pork prices in Vietnam dropped. (Thun Hoon, 13/7/17)

KTB
KTB said EARTH loan worth Bt12bn is in default. It already set 100% provisions for this loan. This will affect 2Q17 earnings. The bank said that it will not finance the company since the funds were not used as stated. (Thun Hoon, 13/7/17)

LHBANK
LHBANK earnings dropped by 23.1%YoY due to a fall of 39.9% in non-interest income. (Bangkok Biz, 13/7/17)

ORI
ORI shareholders approved Bt4bn to buy Proud Residence, pushing backlog up to Bt25bn.  (Thai Post, 13/7/17)

PACE
PACE to raise capital via private placement (PP) with Citic Group, which will hold no more than 10% of shares. It will use the funds to develop current and future projects. It believes that Citic Group will help reduce interest expenses. It also said that 2017 earnings will turn around. (Thun Hoon, 13/7/17)
Comment: PACE are effectively bankrupt. I wonder how many more assets/stakes in their businesses they’ll have to sell off over the coming quarters just to stay afloat

PTTGC
PTTGC finished transferring petrochemical-related shares from PTT. It is now ready to invest in automotive and electricity to create value added for petrochemical industry. (Khao Hoon, 13/7/17)

SPALI
SPALI shares plunged by 7% due to panic related to the no dividend policy and raising capital this time. The company said this will be the only year that it will not pay a dividend. (Thun Hoon, 13/7/17)
Comment: Sounds like Yellen saying that we will never have another financial crisis in her lifetime

STEC
STEC now carries recorded-high backlog. It targets Bt30bn in revenue in 2019 with 2017 target at Bt20bn. In 2H17, it expects to have projects worth more than Bt20bn in hand from bids. (Khao Hoon, 13/7/17