CPF CPF plans to expand into food business in Australia. CPF targets 500 chain restaurant branches, and also looks to sell its ready made meals, which it believes has strong potential. The management estimates CAPEX in the range of AU$200mn spread over five years. (Kao Hoon, 23/07/14) Comment: CPF is continuing on their mission to […]
Read More →ADVANC Newly installed AIS chief vows 4G fight – Speeding up acquisition of spectrum bandwidth is the biggest challenge facing the new boss of Advanced Info Service (AIS) as the company battles to maintain its status as the country’s biggest mobile operator. (Bangkok Post, 04/07/14) AQUA AQUA says profit grew in 2Q14. It said that […]
Read More →ADVANC Wholly-owned subsidiary SBN takes 29% stake in IH or Bt3.6mn. It expects this deal will support the establishment of a fiber optics project. (Khao Hoon, 11/06/14) IEC IEC expects net profit growth in 2014 and to eliminate accumulated loss. It expects to pay a dividend in 2015, the first in 15 years, and is […]
Read More →CPALL To issue bonds — CPALL has boosted its bond issue for institutional and retail investors to Bt50bn from Bt40bn in response to strong demand. (Khao Hoon, 4/11/13) Comment: Only positive out of this is that brokers can stop passing rumours around of a potential high FX Cost with the dollar loans. GEN GEN acquires […]
Read More →Notable Transactions Buy(s) THB 374 mn BGH – K. Praset continues his buying of BGH this time to the tune of THB 303 mn SIRI – A director buying a block from the President @ thb 69mn Sell(s) THB 77 mn SIRI – See above
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