CK eyes 25% of Bt2trn transport projects – CH Karnchang (CK) hopes to secure 25% of the Bt2trn worth of infrastructure projects due to be put up for bidding by the Transport Ministry between this year and 2016. (The Nation, 25/07/13)

KBANK

Kasikorn sees brighter days ahead for corporate deals – Kasikornbank (KBANK) predicts strong demand for private-sector financing over the next 12-18 months, driven by better economic circumstances locally and globally. Executive vice-president Vasin Vanichvoranun said during the period, KBANK expects companies to invest a combined Bt1trn as the outlook brightens. KBANK itself has signed several investment banking deals with corporate customers with a collective value of Bt150-200bn over the next 12-18 months. (Bangkok Post, 25/07/13)

Comment: Kbank and scb are both fighting quite hard for more corporate business, I still think that eps growth for the banking sector in general is going to slow down for the 2H13

HYDRO

Gets Bt300mn job from PTT group — HYDRO has been awarded the Phenol Phase 2 work from PTT group worth Bt300mn. Management said it will book in revenues of Bt100mn this year and expects Bt200mn next year. The company also reiterates that its cancellation of the merger plans with UAC will not affect its business. (Khao Hoon, 25/07/13)

LALIN

1H13 sales reach Bt2bn — LALIN reports that sales for 1H13 were Bt2bn, close to its target of Bt2.6bn. It still expects to hit its 2013 revenue target of Bt2.25bn supported by its current backlog of Bt1.3-1.5bn. It is to launch 10 new projects as planned, worth Bt4bn. (Khao Hoon, 25/07/13)

TRC

Expects to win Bt9bn PTT project — TRC is confident that it will win work on a gas project in Saraburi-Korat from PTT worth Bt9bn within October. Ir qill resume work on building its CBG factory, the first CBG factory, in Prachuab Kirikhan. It also plans to bid for a biodiesel project from BCP worth more than Bt1bn in October. (Khao Hoon, 25/07/13)

Comment: TRC’s management has always been tight with PTT group

TRUE

CAT casts doubt on True fund plan – State-owned CAT Telecom has questioned True Corporation’s plan to set up a Bt70bn infrastructure fund, as the two are still locked in a dispute over the ownership of some of True’s network assets. (Bangkok Post, 25/07/13)

Comment: I’m fairly certain that True will push this deal through, regardless i still think that the company is a pos