ASW to launch 1-2 projects annually in Pattaya worth Bt2b to capitalize on strong demand from diverse buyer segments, particularly foreigners seeking to diversify from China following Trump’s victory.

COCOCO revised up FY25 revenue target to Bt10b from Bt8.5b supported by new clients from US & AU, broader range of coconut products (coconut oil for athletes, carbonated mix fruit drink, ice cream & plant-based products), growth from pet food business, eyes exposure in 30 markets next year from current exports to 26 countries.

Comment: Love the coconut story – not sure on the plays… you’re exposed to product and management risk w/ the players on the market, but the story for the country is backed by numbers.

CPAXT sets up Axtra Growth Plus (95% holding) to acquire Happitat at The Forestias Co., Ltd, a mixed-use real estate development project owned by CP Group owner, the Chearavanont family, from Magnolia Quality Development Corp (MQDC), MQDC will hold the remaining 5%, transaction was completed on Dec 13 according to filing.

Comment: WWHHHHHHHHHHHEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE. They’ve saved Thailand’s banking system….

EA board approves sale of 90 MW plant EA Solar Phitsanulok to raise funds to repay loans and maturing bonds next year at no less than Bt8b enterprise value, to be completed by April 2025.

Comment: They’re worth zilch…nada…there’s zero value left here.

MINT’s affiliate co, MHG Continental Holding, to consider tender offer for share at EUR6.37/share, delisting from Madrid, Barcelona, Bilbao and Valencia stock exchanges, seek holders approval on Jan 20.

Comment: And they’ll relist it at a 50% premium with more liquidity….but when.

TEAMG: local VI, Sompong Charakatitamrongkul, cuts holding by 0.0611% to 4.1868% on Dec 9.