CK announced buyback up to 130m shares (7.67% of paid-up) under Bt3b budget from Dec 2 till Jun 1, 2025.

Comment: It’s been a while since there’s been a sharebuyback announcement by any listed co’s

CPN allotted Bt1b to expand additional 20k sq.m. at Central Phuket Floresta for luxury brands as part of transformation to premier destinations alongside Hawaii, Monaco, Santorini & Miami.

GULF sees solid trend in 4Q, on full quarter revenue recognition from GPD plant, high seasonal for wind power plant, firms on 25% revenue growth target this year, with 15-20% target for next year.

Comment: I just don’t see any downside for this name…and that’s a sad situation for Thailand..

PRINC terminated share purchase agreement to with MY Hospital operating 3 private hospitals as the seller had not fulfil certain conditions agreed prior to completion of transaction, no impact on the co., financial statements for the current year.

Comment: I can’t think of many hospital groups that have expanded well internationally outside of the listed co’s in Singapore.

TGE: issues free warrant (TGE-W2) for existing holders at 20:1, XD Dec 16.

THAI’s majority creditors approved rehab plan amendment, accepted decrease of PAR value to make up for accumulated losses, accept using excess cash flow for dividend payment & early debt repayment, adding 2 plan admins from current 3, allocated 21m of newly issued shares to creditors under debt plan thru debt-to-equity conversion at Bt2.5452/shr. Central Bankruptcy Court scheduled hearing to consider rehab amendment on Dec 12. One of major bank creditor veto on PAR reduction and use of excess cash flow to pay dividend according to chairman of the plan admin, Piyasvasti Amranand.

Comment: IPO is coming…get ready to trade it.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.