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BUSINESS

Tisco sees B7bn foreign sell-off on tepid Q2 earnings

Business, Pathom Sangwongwanich, Published on 10/08/2018

» The foreign sell-off in equities could reach 7 billion baht this month and next, with foreign and institutional investors expected to dump large-cap stocks because of lacklustre second-quarter earnings, says Tisco Securities.

BUSINESS

GL share price jumps 29%

Business, Pathom Sangwongwanich, Published on 02/08/2018

» The share price of SET-listed Group Lease Plc (GL) soared yesterday after a Singaporean audit firm said it had found no evidence of irregularities in the company's loan transactions.

BUSINESS

Conditional voluntary tender offer values Delta at B88.6bn

Business, Pathom Sangwongwanich, Published on 02/08/2018

» Delta Electronics International Singapore Pte Ltd (DEISG) has made a conditional voluntary tender offer for all ordinary shares of SET-listed Delta Electronics Thailand Plc worth 88.6 billion baht.

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BUSINESS

Digital asset licences at hand

Business, Pathom Sangwongwanich, Published on 25/07/2018

» The Finance Ministry's announcement on approving digital asset licensing took effect Tuesday, and interested parties can apply for licences from the Securities and Exchange Commission (SEC).

BUSINESS

Analysts see limited impact from trans fat prohibition

Business, Pathom Sangwongwanich, Published on 18/07/2018

» The recent regulation prohibiting the production, import and distribution of trans fat-filled food could have a minor effect on profits for SET-listed companies operating bakery and food businesses as they could switch to substitute ingredients, say analysts.

BUSINESS

SEC licenses wealth advisers

Business, Pathom Sangwongwanich, Published on 18/07/2018

» The Securities and Exchange Commission (SEC) has allowed business intermediaries operating in the capital market to become licensed wealth advisers, aiming to enhance access to investment advisory service and investment options for the public.

BUSINESS

Supalai preps M.K. takeover

Business, Pathom Sangwongwanich, Published on 17/07/2018

» SET-listed developer Supalai Plc (SPALI) plans to officially file a tender offer next Tuesday to take over M.K. Real Estate Development Plc, in a deal worth 4 billion baht.

BUSINESS

SEC looks into ways to bolster margin accounts

Business, Pathom Sangwongwanich, Published on 11/07/2018

» The Securities and Exchange Commission (SEC) is conducting a public hearing on allowing securities companies to extend credit to investors to buy mutual fund units and debt instruments and also place those securities as collateral, aiming to enhance investors' purchasing power for margin accounts.

BUSINESS

SEC reveals framework for ICO portals and tokens

Business, Pathom Sangwongwanich, Published on 05/07/2018

» The Securities and Exchange Commission (SEC) has released a regulatory framework for issuing and selling digital tokens through initial coin offerings (ICOs) along with announcing the ICO portal process, effective from July 16.

BUSINESS

MBK sells 30% stake of ROH

Business, Pathom Sangwongwanich, Published on 04/07/2018

» SET-listed MBK Plc (MBK) has approved the sale of a 29.86% stake in Royal Orchid Hotel Thailand Plc (ROH), owned by MBK's wholly owned subsidiary MBK Hotels and Resorts Co Ltd (MBK-HR), with a net sale value worth 1.14 billion baht.