BIZ

BIZ plans to sign contract for distribution of new cancer radiation treatment machine in October. It expects to increase projects in hand to Bt1.3bn and also plans to get 3-4 new projects, worth Bt400-500mn. It targets to sell at least four machines. It also says that many domestic and foreign funds have expressed interest in buying big lots of its shares. (Thun Hoon, 26/9/17)

BJCHI

BJCHI says 2H17 has a positive outlook as it has a lot of ready-to-deliver projects that will be booked shortly. It plans to hasten the expansion in both domestic and overseas. It also plans to bid for new projects worth Bt7.6bn and expects to increase backlog from Bt850mn, which will be gradually booked as revenue through 4Q17. (Thun Hoon, 26/9/17)

EGCO

EGCO is partnering with NT1PC in Namtern 1, a hydro power plant, and will sign a PPA for 514.30 MW with EGAT and to sell 130 MW to the Lao state enterprise for 27 years, effective from the startup of commercial operations in 2022. It has assigned Jukkrich Piboonpiroj as managing director. (Thun Hoon, 26/9/17)

GL

GL rapidly expanding overseas loan business; it targets revenue from overseas to grow by 10-fold within five years. It is now penetrating Myanmar and Indonesia and plans to increase revenue proportion from overseas to reach 90%. It plans to continuously increase its service points to support its strong fundamentals. (Thun Hoon, 26/9/17)

ORI

ORI is going to pay a dividend of 0.05 baht per share, with XD on 5 October. It will issue a free warrant at a ratio of 4 existing shares for 1 warrant, XR November 6. The warrants have an exercise price of Bt20 and exercise ratio of 1 warrant to 1 share with 3-year maturity. (Thun Hoon, 26/9/17)

PTT

PTT plans to list PTTOR after finishing the procedure to transfer assets. It is looking into a budget hotel business and plans to finalize the partner in 1-2 months. It plans to build 4-5 prototype hotels before opening for agents and targets to have 50 hotels within 5 years. (Thun Hoon, 26/9/17)

RSP

RSP, distributor of Converse in Thailand is going to IPO 200mn shares, with Finansia Syrus as financial consultant and leader to distribute the shares. It expects to trade on the SET this year and will use the IPO funds to add more branches and renovate existing branches. (Thun Hoon, 26/9/17)

SIRI

SIRI believes its business will grow strongly. It is preparing to convert SIRI W-2. It says 2H17 revenue will be better than 1H17 and believes 2017 revenue will reach Bt34bn as presales reached the target of Bt40bn after launching a lot of new projects. (Khao Hoon, 26/9/17)

SPALI

SPALI reports that Supali Premier Jaroennakorn has been sold out and it has already closed presales. Presales has reached Bt2.9bn. (Thun Hoon, 26/9/17)

SSP

SSP will be traded in mai on September 27. It had an IPO of 276mn shares priced at Bt7.7/share. It says many institutional investors subscribed and believe in its strong fundamentals in the energy business. (Khao Hoon, 26/9/17)