BAFS 30% earnings growth expected — BAFS expects 2013-14 earnings to grow by 30%, supported by an increase in fuel usage in Don Muang and Suvanabhumbi of 5%. It plans to expand its transportation network from Bangpa-In to Lampang, for an investment cost of Bt65bn, and expects conclusion on this by the end of this […]

Read More →

BTS wins Jakarta job — BTS has won the contract to design, construct and manage the first monorail line in Jakarta. Management said the job involves two major lines worth Bt24bn. It has also signed a contract for a service and maintenance concession for a period of 40 years with PT Jakarta Monorail. (Khao Hoon, […]

Read More →

BBL: Expects good 2Q13 earnings. BBL is forecasted to report good earnings of over Bt10b in 2Q13 (up 15-18% yoy). Key drivers will be a pick-up in loan growth, stable NIM, strong fee momentum (backed by wealth management and bancassuarnce) and stable credit costs. (Source: BBL) Comment: Every bank will have a good 1H13 but […]

Read More →

CKP CK Power starts to operate Bang Pa-in plant commercially — CK Power Plc commenced commercial operations at phase 1 of its Bang Pa-in cogeneration power plant on June 28. (The Nation, 05/07/13) MCOT MCOT in deal to broadcast selected EPL matches — The board of MCOT Plc, the broadcaster of Modernine TV, is seeking […]

Read More →

CKP: To delay IPO. CK Power will delay its IPO date from 26-28 June to 3-5 July. The company plans to sell 220m shares during the IPO at around Bt12-15 apiece. Of the total IPO shares, 180m shares will be newly issued and 40m shares will come from existing shareholders. (Source: Khao Hoon) Comment: This […]

Read More →