ERW anticipates 4Q turnaround aft Holiday Inn Pattaya fully reopened post major facelift, expects ADR surge by 10-15% from higher room rate, improve OCC on holiday season.

KCE board approved establish of subsidiary, Circuit Holding, to acquire 100% stake in UK based PCB distributor, Int’l Circuit Ltd, for GBP 9m (Bt396m). Circuit Holding will pay GBP 14m (Bt676m) o/s debts of Int’l Circuit, sees benefits from immediate exposure to EU clients, ability to ctrl SG&A from EU operation as well sales target thru distribution channel to improve profit share to the company.

Comment: This was all over the news the other day and the share price collapsed. Seems to be not as negative as the market anticipated.

IND wins submersible pump station & pressure increase project for northern oil pipeline expansion project phase 3 from Saraburi to Ang Thong from BAFS Pipeline Transportation ltd valued at Bt692m.

INSET will wrap up 2 data center construction contracts total Bt600m by end of year, lifts backlog to Bt2.4b, in talks overseas partner to joint bidding for hyperscale project, capitalize on infra tech growth.

PTG: LPG dealer unit, Atlas Energy, submitted filing to sell IPO 418.42m shares (29.5% of paid-up), 28.36 shares to employees & 390.06m shares to public, Sage Capital is FA.

SISB sees solid 3Q on 300 new students, boosting overall to 4,500, momentum into 4Q, firms on 20% revenue growth target this year, targeting 400 new enrollment p.a.

Comment: Just $hitting cash, though one clever fellow mentioned to me that he is ruined that there is “churning” by the new Chinese students and this is may lead to enrollment figures not doing as well as the past.