CPALL to sell 3 tranches of CD rating A+, interest rates w/in 3.55-4.4% range, open for subscription on Oct 9-11 & Oct 26-30.

Comment: It’ll be interesting to see if CP(take)all’s CD’s easily sell out – of course we all expect that it will.

CRC to launch wholesale business, GO Wholesale, in Oct to boost vertical expansion from retail biz, expand market share to HoReCa segment, creates synergy among group business & suppliers, target 4 branches by end of year, 40-50 branches within 5 year.

Comment: This is a massive threat to MAKRO – and great for the country.

PLANB acquires 70% of Spore OOH media, BLFalcon, for Bt12.6m to enhance regional expansion.

Comment: Non-impact imo.

MINT expects higher FY average OCC from visa free stimulus, 33 hotels 6k rooms in TH ready to welcome tourists.

Comment: Oh, really captain obvious? Then again are triad members going to stay at Anantaras’?

RS’ board approves Bt650m for special dividend at Bt0.60/share, and free warrant, RS-W5 at 10:1 warrant.

Comment: Hmmmmmmmmmmmmmmmm what are they up to now? We have yet to see a new business “pivot” by RS, their core businesses are not performing.

STANLY keeps 5-10% FY revenue growth target despite Federation of TH Industries (FTI) cut FY auto production target to 1.9m units +1% yoy thanks to new lamp orders for Mitsubishi All New Triton (Global model), new orders for 3 models launch in 4Q, tailwind from motorbike parts & lamp mole sales to clients boost earnings.

VRANDA launches Bt850m project, Veranda Villas & Suites residence Phuket, pre-sales kick-off at end of Sept.