AREE

Areeya Property Public Co., Ltd. provides luxury brand “THE AVA RESIDENCE Sukhumvit 77” with project value of up to Bt2.5bn and priced at Bt35-80mn per unit under the concept of esthetics and lifestyle.) Bangkok Today, 5 / 18( 7/

ADVANC

ADVANC is cooperating with Tesco Lotus under a cross-industry strategy and plans to launch a digitalservice zone as a one-stop service to sell mobile phones and SIM in 194 Tesco Lotus hypermarkets. (Post Today, 7/5/18)

AKR

AKR targets Bt2.0bn revenue this year, up 15-20% from Bt1.7bn in last year as the solar rooftop business is growing well, according to Mr. Danucha Noichaiboon-CEO of AKR. Solar rooftop revenue is expected to grow to Bt100mn in this year from Bt70mn last year due to the recognition of the installation of solar modules for large manufacturers in three areas with total capacity of 2MW. The company is currently negotiating further expansion and expects to add one new solar rooftop client in 2H18.(Post Today, 7/5/18)

BIGC

Big C Supercenter plans to spend up to Bt10bn to open 9-10 new hypermarkets in focus provincial markets after seeing much opportunity, especially in small provinces, says Mr. Aswin Techajaroenvikul, Chief Executive Officer and President. In 1Q18, the company opened three new stores – two in Sakon Nakorn and one in Sattahip. (Post Today, 7/5/18)

INTUCH

INTUCH plans to invest in four joint ventures this year using Bt200mn per annum or Bt10-60mn per investment to take a 5-30% shareholding. It expects to conclude one new investment in 2Q18, according to Mr.Kim Siritaweechai, Executive Vice President – Portfolio Management. (Post Today, 7/5/18)

IRPC

1Q18 came out stronger than market estimate with earnings of Bt2.7bn, up 16% YoY. Key earnings driver was a surge in GIM. 2Q18 outlook seems favorable as demand for oil continues to grow and supply, particularly from the Middle East, appears tight.) Thun Hoon, 7/5/18(

KBANK

The Corporate Business Division grew impressively, according to Mr. Patchara Samalapa, management of KBANK, supported by the recovering global economy and the government’s infrastructure investment that creates more capital needs for large corporate clients to underwrite business expansion. Total loans grew 12% YoY to Bt581.6bn with agricultural industry and agro-industrial business as major growth drivers. (Matichon, 7/5/18)

LALIN

LALIN says the property market in the north Bangkok from Rangsit-Lumlukka road is looking better, with the boom of Phaholyothin, Donmuang, Pathumthani, Rangsit zones, mainly from the MRT Green Line extension project from Mo Chit – Saphan Mai – Khu Khot and the Red Line (Bang Sue – Rangsit – Thammasat University) for which completion is scheduled for 2020. Another draw is the expressway linking to inner Bangkok. )Bangkok Today, 5 / 18( 7/

THCOM

THAICOM reached an agreement to provide broadband satellite service to VRT Philippines Co., Ltd. It will lease all transponders covering the Philippines to provide broadband services for both public and private projects.) Bangkok Today, 5 / 18( 7/

TPIPP

TPI Polene Power (TPIPP) reported 1Q18 earnings of Bt754mn, up 18% YoY with total revenue increasing 22% YoY to Bt1.55bn from. Total electricity revenue grew 16% YoY to Bt1.35bn. (Post Today, 7/5/18)