ADVANC Board approves Bt4.6bn for fixed broadband investment. Management reports that demand for internet has risen to 6.8mn households. It believes in its network coverage and targets 80,000 clients in the first year. (Thun Hoon, 10/09/14) AOT AoT hosts ASEAN airports forum – Leaders of Southeast Asian airport authorities will congregate in Phuket today and […]

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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 […]

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AAV Thai AirAsia to begin major push to lure back tourists – Thai AirAsia is preparing to work with the AirAsia network regionally to promote Thailand more aggressively to revive a stable flow of foreign tourists into the Kingdom after it was hit by prolonged political turmoil, while in the process meeting its cabin-factor projection […]

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BEC-Tero reaches for the stars this year : The entertainment industry will continue to have a bright outlook in the second half of this year despite declining consumer purchasing power, says BEC-Tero Entertainment Plc. Bangkok Post  BECL TTW to help boost BECL’s 2Q13F — BECL expects to report revenues of Bt1.93bn and profits of Bt420mn […]

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CENTEL 2Q13 good — CENTEL said that earnings for 2Q13 were good, benefited by the higher average occupancy rate of 75%. It plans to add 3-4 hotels to its management portfolio in China and expects the deals to be concluded by the end of this year. Its food business is also enjoying steady growth, and […]

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BLAND Back in the black — BLAND reported a net profit of Bt122mn for the quarter ended 31 December 2012 compared to a loss of Bt268mn for the same period last year. Its revenue increased to Bt969mn (2011 – Bt605mn) and gross profit increased 158% to Bt523mn (2011 – Bt204mn). (Khao Hoon, 12/2/13) Comment: Wooo! […]

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KTB – FIDF still looking to sell part of its stake — The Financial Institutions Development Fund (FIDF) is to sell out 4% of its KTB stake or approximately 447mn shares. The selling price is expected to be 1.5x its book value or Bt19.20. The proceeds will be used to clear off the FIDF 1 […]

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