ABPIF Amata B.Grimm mulls Malaysia plant to feed South – Amata B.Grimm Power is considering building a coal-fired power plant in Malaysia to avoid a potential outcry over construction of such a plant in Thailand.(Bangkok Post, 09/09/13) CCP Growth continuing — CCP expects revenues to continue to grow for the sixth consecutive month on backlog […]
Read More →AOT Strong July traffic growth — AOT reported strong traffic in July 2013, with passenger and aircraft movement growth of 16% YoY. This is the tenth month in a row that it has reported double-digit growth. (Company press release) Comment: This is really only one of the few strongly growing large cap co’s in Thailand […]
Read More →BKD Listing on mai this quarter — Bangkok Dec-Con (BKD) is to conduct an IPO to sell 180mn shares and be listed in the mai index in 3Q13. Proceeds will be used to expand its business and to help push revenues up by 10-15% from last year’s Bt942.60mn. The company has a current backlog of […]
Read More →CK Signs on water job — CK signed a contract for new work worth Bt658mn to improve the water supply for the Lampang province. It expects 2Q13 revenues to exceed Bt8bn and signals that it is to book in extraordinary income in 3Q13 worth Bt300-400mn from its CKP holdings. (Khao Hoon, 06/08/13) JAS Jasmine revving […]
Read More →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 →CSS plans to go public for warehouse, office ventures — Communication and System Solution Plc (CSS) plans to go public in 3Q13 by allocating 200mn IPO shares to expand its warehouse and office business. The company is doing a roadshow in four provinces starting August. (Khao Hoon, 15/07/13) Comment: This could be a potentially interesting […]
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 →AMATA Amata expands industrial estates as Chinese flock in – Amata Corp, Thailand’s major developer and manager of factory estates, is set to expand its industrial zones to cater to Chinese investors, who are expected to set up 300 to 500 plants in its zones in the next five years. (The Nation, 03/07/13) Comment: Well […]
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 →AMATA AMATA gears up for rush of land sales — AMATA said hundreds of land sales are expected to be sealed in the second half of this year, mostly in the car industry. Viboon Kromadit, a director and senior VP said each deal will require hundreds of rai of land, with the largest deal at […]
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