GULF in 70:30 JV with PTT to build a LNG receiving terminal in Map Ta Phut deep-sea port with carrying capacity of 5m tonnes a year to help it better manage imported LNG which will be supplied to its power plants.

Comment: It’s amusing that the government is actively partnering with the crony capitalist vehicle of Thailand. Then again – why should we be surprised? Number go up. Now where is that story line that GULF is going to takeover and run KBANK?

JTS defaults on bond payment as co., is unable to issue new debenture for refinancing or rolling over debentures as planned due to poor bond market conditions.

Comment: Is it time for a repeat?

PRINC acquires 74 beds Thanakarn Hospital in Kanchanaburi for Bt577m to expand hospital network upcountry, transaction will be completed on Jun 1.

Comment: The mini-BDMS model continues.

PRM reaffirms solid 1Q driven by resumption of 2 VLCC and AWB boat, 2 hybrid crew boats start services for ADNOC, cod-ed of new tanker for floating storage at oil rig, sets Bt2b-3b capex to expand E&P support vessels to reduce earnings volatility from longer duration of contract.

Comment: In a few weeks you’re receiving a 9% divvy + the continuing sharebuyback.

PSL takes delivery of a secondhand 63,688 DWT bulk carrier, lifted fleet size to 40 vessels.

Comment: And they’re also doing a sharebuyback (just like several other listco’s)