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 […]
Read More →This came across my desk yesterday. MSCI Thailand (MSCI Global Standard) Add : HMPRO, MINT, INTUCH, TRUE Delete : None MSCI Thailand (MSCI Global Small Cap) Add : ANAN, BMCL, EASTW, EA, GRAMMY, GUNKUL JMART, KTC, MALEE, N-PARK, OFM, OISHI, SAMTEL, SPCG, TFD, THRE, UMI, UV, VGI, WHA Delete : BLA, BTS, VNT
Read More →TRUE True eager for three licenses — True Corporation looks set to view for three digital terrestrial TV licenses in a strategic move to consolidate its cable TV business following the challenge of dark hourse CTH. It also plans to expand its mobile and cable TV networks to Myanmar this year its CEO said. (Bangkok […]
Read More →BECL Case against BECL dismissed —On May 3, the Central Administrative Court dismissed the case filed by EXAT in 2008 appealing the arbitral award, and thus EXAT is again facing a payment of Bt1.79bn (plus interest until completely paid off) to NECL. This was earlier awarded by a court in compensation for a reduction in […]
Read More →DTAC DTAC continues 3G network expansion — DTAC vows to be at the forefront of the 3G mobile broadband market this year thanks to its upgraded network platform. It expects to almost triple its 3G mobile subscribers from 3.5mn to 10mn this year using its 850- and 2100 MHz frequencies. It is able to install […]
Read More →AH Aapico enters parts venture — Sumino Kogyo Co, the Japanese supplier of Mazda Corporation, will enter a Bt600mn joint venture with AH to make precision-press welding parts in Thailand. The JV will set up a factory in Chonburi’s Amata Nakorn Industrial Estate, with full operations nearly next year. Sumino will hold 51% and AH […]
Read More →ADVANC – Expects to be #1 in 3G — ADVANC states that its four core strengths, “network-equipment-application-service”, will help it compete in the 3G market. The company is ready to invest Bt13bn in the first phase to expand its network, as it targets to be the number one provider for 3G service. (Khao Hoon, 18/01/13) Comment: […]
Read More →More populist policies from the government, I won’t start a rant about how the government is throwing more of my tax-paying money for their own self interests i.e. CTH, but will try to consider this from a stock perspective. Who benefits? Well I believe Grammy, RS, and Work will be benefit as they are linked […]
Read More →ANAN Buys land for condo on Sukhumvit — ANAN acquires the land to develop a condominium in Sukumvit worth Bt825mn, using the funds from its IPO. The company expects to launch the first phase in 1Q13 with construction finished in 1Q14. (Tun Hoon, 19/12/12) Comment: They needed to IPO to raise capital and I’m not […]
Read More →Whats going on here? There are 4 complaints against the 3G auction with 2 of them already rejected by the DSI, as no price collusion was found. The other 2 complaints were filed by 40 senators and the Office of the Ombudsman and are now awaiting a court ruling due next week. Most likely the […]
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