IMPACT: sky entrance & pink line monorail feeder to conventional center on track to cod in May, expect traffic & OCC rate jump in fiscal yr 2025 (start Apr 25).

Comment: It’ll benefit more them more than the market is forecasting.

MINT targets high single digit revenue growth supported by existing hotels network, tailwind from 54 hotels in the pipeline to cod this year, sets Bt11b capex to revamp assets, exploring opportunity to expand footprint in the U.S. from currently 1 property, NH Collection NY, mulls establish $1.5b REIT to cut debts.

Comment: It’s annoying that MINT is becoming an interest rate play due to their interest payments…

NWR wins a Bt296.8m contract to construct flood protection system, Sampran district, Nakhon Pathom Province.