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 →STEC Contract for new Parliament signed — The parliament and Sino-Thai Engineering and Construction Plc (STEC) have signed an agreement for construction of new parliament buildings alongside the Chao Phraya River in Kiak Kai area of Bangkok. The Bt12.2bn contract was signed by House secretary-general Suwijak Nakwacharachai and STEC president and executive director Pakpoom Srichamni. […]
Read More →BAY BAY, top 10 developers go for quality clients – Bank of Ayudhya is partnering with the country’s top 10 property developers to offer attractive loan terms, including zero interest on initial repayments, to home-buyers seen as high-quality borrowers. (The Nation, 07/03/13) BANPU To sell 48mn tons of coal in 2013 — BANPU targets 48mn […]
Read More →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! […]
Read More →DCC – 4Q12 sales growth 13% YoY — DCC said 4Q12 sales grew 13%YoY, pushing its 2012 sales to Bt7.6bn. It targets 2013 sales growth of 10% YoY backed by a 10% increase in selling price. DCC as set capex at Bt350mn for store expansion and maintenance of its factory lines. (Khao Hoon, 29/01/13) Comment: […]
Read More →Notable Transactions Buy(s): ANAN, BGH, ERW, FNS, INOX, SAUCE, SIRI, STEC Total Amount: THB 1.77 bn Sells (s): HYDRO, IHL, LEE, PPC, SPCG, TUF Total Amount: THB 1.0 bn
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 […]
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