ADVANC ADVANC building up 3G network. It will bring total stations to 20,000 in 2014 from the current 19,000. It plans to set up 3,000 small cells nationwide in 2014 from currently 300 to support data usage. (Kao Hoon, 01/09/14) AMATA Amata well positioned to tap into AEC potential – With the formation of the […]
Read More →BMCL BMCL upbeat on profit after 2017 — Bangkok Metro Plc (BMCL), the country’s subway operator, expects its balance sheet to become profitable after 2017 as more new train services are added. Service on the Purple Line from Bang Sue in the capital to Bang Yai in Nonthaburi province is expected to start in December […]
Read More →CGS CGS cuts market share target for brokerage to 3% from 3.5% after the resignation of its marketing team. It is ready to become a holding company in October, and is interested in energy and telecommunication businesses. (Kao Hoon, 07/08/14) Comment: As is always the case, whenever a new brokerage firm pops up, brokers move around and […]
Read More →AAV TAA trims growth targets — Thai AirAsia (TAA) has scaled down its expansion this year, cutting targets for fleet growth and passenger volume to reflect sluggish demand triggered by the political unrest in much of the first half. The country’s largest low-cost carrier will take delivery of five Airbus 320 jets instead of eight […]
Read More →AMATA AMATA sees signs of resumption of foreign investment in Thailand due to easing of the political situation and approvals by the BoI, expected to appeal to European, American, and Chinese investors. It is negotiating to buy 700-800 rai in Amata Nakorn and Amata City industrial estates. It is also waiting for a new government […]
Read More →BGH Issuing bonds — BGH will issue unspecified currency convertible bond worth no more than Bt10bn with a tenure of ~5 years. The company will use the cash to fund investments. (SET, 19/06/14) Comment: Why?! They are net cash, why would the company bother to do this, wouldn’t a normal bank loan be cheaper? Nuts […]
Read More →ADVANC AIS rolls out Future Cube for demos – Advanced Info Service Plc (AIS) has unveiled a demonstration centre for a virtual telecommunications experience to make deeper inroads into the future of mobile 3D application storefronts. (Bangkok Post, 03/06/14) BTS BTS ready to borrow Bt80bn and is prepared to operate trains on three lines: Green […]
Read More →CIMBT CIMBT focuses on investment – First-quarter retail deposit growth at CIMB Thai Bank (CIMBT) was flat year-on-year, reinforcing signs of a tepid economy and a drying up of individual liquidity. Given the lower deposit growth target, CIMBT has focused on investment products including debentures, derivatives and fixed-income and equity funds. It plans to mobilize […]
Read More →AMATA Cutting back — Management expects to lower its investment in 2014 from the usual Bt3bn annually. It will put off land development and street construction due high cost. It will continue to invest once the political situation recovers to normal. Currently, it has 14000 rai waiting for development and 2200 rai already being developed. […]
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