Stocks in the news (chow, ktb, princ, ptt, scc, thani, tu) 18.12.20
CHOW’s board approves plan to sell 6 units in Japan, owning 9 solarfarm with 64.21MW capacity, for Bt4,114m, pending shareholder approval on Jan 27, 2021.
KTB is not going to compensate those who failed to register for the 2nd-phase copayment scheme on Wednesday when DTAC’s OTP system crashed.
Comment: It’s not KTB’s fault, the fault is 100% with DTAC.
PRINC sets 30% growth p.a. over next 3-transfer from 2021-3, on plan to double existing beds from 980 to 1,800, mulls strategic share sales to boost freefloat.
Comment: And the acquisition of BH shares from Papa helps.
PTT announced pre-emptive rights for existing holder to subscribe PTTOR IPO, 300m shares at 95 PTT to 1 PTTOR, subscription is not eligible for PTT’s holder who reside outside TH, XB Jan 4, 21.
Comment: This helps to keep the share price of PTT stable/up until then
SCC: SSO cuts holding by 0.0802% to 4.9634% of total outstanding on Monday, December 14.
THANI eyes 5% loan growth target next year from recovery hire purchase on commercial vehicles, expects tailwind from new investment in EEC area & growing trucks demand from logistic business boost earnings.
TU: SSO cuts holding by 0.0632% to 4.972% of total outstanding on December 9.