Showing 1 - 10 of 352
Double A Credit Rating Upgraded to BBB+
Published on 09/09/2025
» Double A (1991) Public Company Limited has received an upgrade in its corporate credit and debenture ratings to “BBB+” from “BBB” by TRIS Rating Co., Ltd., with the outlook revised to “Stable” from “Positive.” The upgrade reflects the company’s strengthening financial position and prudent management.
TIDLOR to Issue First A+ Rated Debentures
Published on 01/09/2025
» Bangkok, September 1, 2025 — Tidlor Holdings Public Company Limited (“Tidlor Holdings” or “TIDLOR”) has submitted a registration statement and draft prospectus to the Securities and Exchange Commission (SEC) in preparation for its inaugural debenture issuance. The debentures have received an A+ credit rating, instilling strong investor confidence. These will be senior secured debentures, guaranteed by its core subsidiary “Ngern Tid Lor Public Company Limited”, with a debenture holders’ representative appointed.
CKPower Profit Soars on Hydropower Gains and Lower Costs
Published on 13/08/2025
» Bangkok, August 13, 2025 — Building on strong momentum from the first quarter, CKPower Public Company Limited (SET: CKP)—one of the region’s largest producers of electricity from renewables with one of the lowest carbon footprints—reported continued growth in operating performance for the second quarter and first half of 2025. The company and its subsidiaries posted a Core Net Profit of Baht 353.0 million in Q2 and Baht 416.3 million for the six-month period, up by Baht 204.3 million or 137.4% year-on-year and Baht 509.2 million or 548.1% year-on-year, respectively. These results, announced by Managing Director Mr. Thanawat Trivisvavet, underscore the company’s sustained profit expansion across the first half of the year.
Bangkok land prices decline in 2nd quarter
Business, Kanana Katharangsiporn, Published on 31/07/2025
» The price index for vacant land in Greater Bangkok fell in the second quarter of 2025 after two consecutive quarterly increases, mainly attributed to the economic slowdown and the postponement of Bangkok's new city plan implementation to 2027.
XPCL Green Debentures Oversubscribed Amid Strong Investor Confidence
Published on 25/07/2025
» Xayaburi Power Company Limited (XPCL), an associate company of CK Power Public Company Limited (SET: CKP), has announced the successful closure of its Thai baht-denominated green debenture offering, which was oversubscribed by institutional and high-net-worth investors. The success underscores strong investor confidence in XPCL’s business resilience and commitment to strengthening Thailand’s renewable energy stability.
BGRIM raises B7bn via bond issuance
Business, Published on 17/06/2025
» B.Grimm Power Plc (BGRIM), one of Thailand's leading energy producers with a focus on combined cycle co-generation power and renewable power plants domestically and internationally, has successfully completed its senior unsecured debenture issuance with a total offering size of 7 billion baht.
WEH Targets 2,000 MW Capacity, Eyes B20bn from Current over B10bn
Published on 05/06/2025
» Bangkok, June 4, 2025 – Wind Energy Holding Public Company Limited (WEH), Thailand’s leading wind power producer, has announced its 2025 business direction, focusing on the development of new renewable power plants and expansion of its electricity business portfolio. The company is preparing over 2,000 megawatts of projects for upcoming clean energy auctions and expects to maintain annual revenue above 10 billion baht for a sixth consecutive year.
TRIS Upgrades Tidlor Holdings and NTL to A+/Stable
Published on 27/05/2025
» TRIS Upgrades Tidlor Holdings to “A+/Stable” and NTL from “A” to “A+/Stable”Reflecting the strength of its restructuring into a holding company and its positive impact on funding costs
CKP secures "A-" Rating for Debentures
Published on 08/04/2025
» CK Power Plc (CKP) has had its debenture credit rating upgraded from “BBB+” to “A-” by TRIS Rating, reflecting its strengthened financial position and robust debt management.
Condo developers struggle with B80bn debt mountain
Kanana Katharangsiporn, Published on 13/03/2025
» A mismatch between loan terms and project durations has forced developers with substantial condo inventory to grapple with short-term debt obligations, with over 80 billion baht in debentures due for repayment this year, according to Asia Plus Securities (ASPS).