CK CK Power eyes Myanmar plant — CK Power (CKP), a unit of CK, plans to develop a hydropower plant on Myanmar’s Thanlwin River, after making rapid progress in Laos, says MD Supamas Trivisvavet. The project will have a total capacity of 7,000 MW. (Bangkok Post, 04/06/13) Comment: CK is listing CKP within the coming […]
Read More →Thai Tap Water Supply Plc (TTW) has been the tap water producer and distributor since 2004 for the Provincial Waterworks Authority (PWA) in two provinces west of Bangkok: Nakhon Pathom (Nakhon Chaisi, Sam Phran and Buddha Monthon districts) and Samut Sakhon (Muang and Krathum Baen districts). The company has a maximum production capacity of 440,000 […]
Read More →CK CK targets 20% share of projects — Ch. Karnchang Plc (CK) expects to win 20% of the government’s planned Bt2tn infrastructure projects, boosting its revenue by 10-15% annually over the next seven years. It targets its revenue to grow from Bt18bn last year to Bt25bn this year and to Bt28-30bn in 2014. CK expects […]
Read More →BCH – WMC opening soon — BCH will open its high-end World Medical Centre (WMC) in Chaeng Wattana. The hospital is expected to attract higher premium and international patients. Phase 1 will consist of 150 hospital beds before its grand opening of 324 beds. BCH expects revenues to grow by 25% this year, as it […]
Read More →BMCL – Still negotiating over Purple Line — A BMCL insider revealed that the company discounted the costs for the Purple Line, Bang Yai – Bangsue, down Bt700mn but the MRTA is still not satisfied and wants a discount of Bt1.2bn. The MRTA expects BMCL to make a counteroffer within seven days, but the company believes […]
Read More →CK – Expects good 1Q13 revenues — CK said 1Q13 revenue will be good after booking revenue from several construction projects. Currently, the company has backlog of Bt163bn. 1Q13 earnings will also be boosted by the booking of the sale of its shares in TTW to BECL. CK plans to list CK Power in March. (Khao […]
Read More →The THB 2.2 trn infrastructure budget has been bouncing around the government for the past 2 years and now it looks likely to go ahead in 2014. There were a few interesting points from the article in today’s paper that caught my eye. In addition to rail projects, nearly a quarter of the 2.2-trillion-baht budget […]
Read More →BAY Japan company wins bid for BAY — Japan’s Mitsubishi UFJ Financial Group Inc won the BAY’s bid from GE Capital International Holding Corporation. BAY will announce the official result to the SET on Dec 26, 2012. (Khao Hoon, 24/12/12) Comment: I can believe this story far more than any of the Malaysian bank rumours, […]
Read More →CK Sale of TTW stake gives huge one-time-gain; good news already priced in — CK’s Board of Directors approved the sale of 11% of its holding in TTW at Bt7.55/sh to BECL. This is subject to shareholders approval, with meeting scheduled on Feb 5th. Comment: It’s a Bt3.3bn transaction, CK will be left with 19% […]
Read More →In the paper yesterday there was more light shone upon the upcoming potential infrastructure funds in Thailand and they have listed a huge amount of businesses that take advantage of it… The SEC will allow two new types of businesses to raise funds through infrastructure funds: natural gas transport and oil pipelines, and information technology […]
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