BANPU to buy additional 50% in Springvale mine and Angus place in AU, transaction incurred no cash payment, will accept Bt864m liabilities for the purchase. BANPU raised stake in Australian mine from 50% to 100%, for Bt864m. Comment: Acquiring assets in the US and Australia. Tabloid reports BBL may book as much as Bt4b gain […]
Read More →AOT’s current duty free operator, King Power, awarded a 11-years DMK airport duty free management concession from FY22-FY33. Comment: Well that was quick BBL to compete with Sumitimi Mitsui Financial for StanChart Indon. Comment: No more growth nor NIM expansion left in Thailand, Indonesia does look like a far better bet for the next 10-20 […]
Read More →BGC expects 4Q turnaround from lower bottle production costs as gas & cullet price drops, full quarter contribution of 74mw solar farm, recovery sales volume as demand for F&B grows. Comment: When Singha Beer sneezes, BGC catches the flu. BJC’s firm on 4-5% revenue growth target this year, sets Bt10b next year capex for glass […]
Read More →BTS to cod 4 skytrain stations (Ratchayothin 24, Ratchayothin, Senanikhom, Kasetsart Uni) on Dec 4. IRPC sees recovery in 4Q from petrochemical, refinery and progress in US-China trade deal.Opening of bidding envelops for 45MW Srinakarin Dam floating solar projects is scheduled for today, SCC, GPSC, SPCG, GUNKUL, WHAUP, EPCO, IRPC, BGRIM and among those vying […]
Read More →Cabinet has approved to cap BTS toll rate at the maximum rate of 65 baht across skytrain line as well as transfer losses incurred by BMA of Bt64,000m to BTS. On the other hand, BTS will have rights to operate skytrain of additional 30 years after the current concession expires. With regards to BTSGIF, BTS […]
Read More →AOT’s board gave nod to open bid for duty-free pick up counters at Suvarnabhumi and Don Mueang this December. CBG upbeats 2H earnings from new launch Carabao Green Apple energy drink sales, wider margins from in-house canning unit, improved bargaining power, and narrower loss from UK operation, firms on Bt2.3b FY19 revenue target. Comment: So […]
Read More →BCPG pays Bt5.3b for 69MW Hydro PP Nam San 3A in Laos. Court scraps order for Bt600m compensation payment from EXAT, to BEM. Comment: But they still won Billions regardless Transport Min to decide whether to allow CP Group more time to negotiate terms on high-speed train pj linking 3 airports, or call up an […]
Read More →BTS is spending >Bt10b to develop a mixed-use projects on 200 rai along Bang Na-Trat Rd near Thana City, to capitalise on light rail transit (LRT) expected to start construction next year. Comment: The new cookie munster in Thailand. Just taking everything on sale in Thailand and the region. CENTEL signs contract KMA Group to […]
Read More →Asset World Corp (AWC), a property arm under Charoen of THBEV, to acquire prime prop in BKK and key resort destinations held by the group to develop mixed-use projects and hotels in next 5 years, IPO @ Bt6, September 25-27 and go straight into SET50. Comment: ROE of 3% .. well…TCC buys property, develops it, […]
Read More →BTS-GULF-STEC-RATCH (BGSR) consortium wins Bt 40b O&M motorway contract for Bang Pa In-Nakhon Ratchasima & Bang Yai-Kanchanaburi routes. Comment: And boom! Interesting to see GULF join this consortium in addition to the relationships they have with PTT it looks like their fingers are in every pie ORI: to open 2 hotels under InterContinental Hotel Group […]
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