BCP Bangchak earmarks B7bn for refinery rejig – BCP plans to spend Bt7bn to improve its oil refinery in its bid to gain a higher refinery margin. Executive vice-president Phichet Emwattana said the spending would start next year and run until 2018. (Bangkok Post, 31/10/14) CPF CPF maintains revenue growth of 10% YoY to reach […]
Read More →CK Ch. Karnchang maintains revenue target – Ch. Karnchang Plc (CK), Thailand’s second-largest construction firm, expects to maintain its revenue target of Bt30bn this year despite delays facing the government’s megaprojects. Its current backlog of more than Bt100bn will help it meet the target, said senior executive vice-president Prasert Marittanaporn.(Bangkok Post, 30/10/14) DELTA DELTA expects […]
Read More →AOT Board gives nod to Phase 2 first-stage expansion plan — The board of the Airports of Thailand (AoT) has approved the plan for the first stage of the Phase 2 expansion of Suvarnabhumi airport that is estimated to cost a total of Bt66bn. The first stage of the expansion consists of three construction projects. […]
Read More →BRR Ready for IPO — BRR is ready to sell 169mn shares in an IPO. It is expected to finalize the offering price on October 27, 2014. It plans to be listed on the SET on November 6. The company plans to use the proceeds to increase its cane crushing capacity and as working capital. […]
Read More →AOT Board to discuss 2nd phase investment of Suvarnabhumi airport today after Minister of Transport Prajin approved a multi-function terminal at a cost of Bt70bn instead of east building expansion. (Kao Hoon, 16/10/14) BA Investors interested in IPO — Its solid fundamentals have created interest in investors in subscribing to the IPO shares of Bangkok […]
Read More →CWT CWT expects 2014 revenue to reach Bt1bn. It is undertaking a study of the power business in hopes of starting a solar roof project with no less than 5-6MW in capacity. It expects this will help lower electricity costs for its factories and help increase revenue. (Kao Hoon, 09/10/14) Comment: I’ve been told by […]
Read More →EPG EPG is preparing to sell 700mn IPO shares and list on SET in late 2014. The company will use the funds from the IPO for business expansion. (Kao Hoon, 06/10/14) Comment: No idea about this company. But I suspect it will be the same story FPI FPI continues to expand margin and expects peak […]
Read More →ADVANC AIS lays broadband blueprint – Advanced Info Service (AIS), the country’s largest mobile operator, is jumping on the fixed-line broadband internet bandwagon with planned commercial service to begin in early 2015. “We believe now is the perfect time to enter the market, worth 50-60 billion baht last year, as the industry just reached a […]
Read More →AAV AirAsiaGo taps booming middle class – AirAsiaGo, one of Asia’s fast-growing online travel portals, is expediting its expansion in Thailand to catch in on the trend for online travel booking. Yesterday’s announced launch of a US$10mn technology platform, engineered by travel technology giant Expedia, will be instrumental to its aggressive growth plan. (Bangkok Post, […]
Read More →AGE 2013 targets — AGE targets revenue of Bt6bn for 2013 and a profit margin of 15%. The company said there has been an increase in coal orders and better performance in its shipping & logistics business. Moreover, its warehouse in Ayutthaya is back in operations which will help reduce costs. (Khao Hoon, 18/02/13) Comment: […]
Read More →