Showing 1 - 10 of 87
Krungsri remains wary with buffers
Business, Pathom Sangwongwanich, Published on 04/02/2021
» Bank of Ayudhya, branded as Krungsri, plans to continue setting aside loan provisions this year, albeit at a lower rate, to cushion against economic uncertainties.
Thai Union sees third-quarter profit rise by 50%
Business, Pathom Sangwongwanich, Published on 05/11/2020
» SET-listed Thai Union Group Plc (TU) saw its third-quarter net profit rising by 50% year-on-year, a quarterly record, due to strong sales growth and reduced losses in Red Lobster Seafood Co, the company's restaurant arm.
Central bank says revised LTV rules will stay put
Business, Pathom Sangwongwanich, Published on 11/09/2020
» The revised loan-to-value (LTV) regulations will remain in place to curb risks accumulating in the property sector, says the Bank of Thailand.
Shareholder meetings substituted
Business, Pathom Sangwongwanich, Published on 18/06/2020
» The Securities and Exchange Commission's (SEC) board of directors has allowed SET-listed companies that have postponed annual shareholder meetings to submit this year's quarterly financial statements through appointed auditors approved by the regulator.
AEC gets juristic person funding, avoids capital rule snag
Business, Pathom Sangwongwanich, Published on 05/06/2020
» SET-listed AEC Securities has resolved its net capital rule problem by obtaining funding from a juristic person and has opted for a capital increase by allotting new ordinary shares to reduce future investment risk.
AEC clarifies shortfall with SEC
Business, Pathom Sangwongwanich, Published on 28/05/2020
» SET-listed AEC Securities has clarified its failure to maintain net capital as required by the Securities and Exchange Commission (SEC), attributing the shortage to the calculation of its debenture holding.
THAI debentures downgraded to default
Pathom Sangwongwanich, Published on 27/05/2020
» Tris Rating has downgraded Thai Airways International's company rating and senior unsecured debentures to default following the Central Bankruptcy Court’s acceptance of THAI’s rehabilitation petition.
Court accepts Pace's petition
Business, Pathom Sangwongwanich, Published on 06/05/2020
» SET-listed Pace Development (PACE) and a wholly owned subsidiary have filed a business rehabilitation plan to continue development of a real estate project and transfer of ownership to customers.
TU profits fall 20.2% in Q1 from foreign turmoil
Business, Pathom Sangwongwanich, Published on 06/05/2020
» SET-listed Thai Union Group (TU), a global seafood conglomerate, reported a 20.2% year-on-year fall in first-quarter net profit despite strong sales because of foreign exchange losses and lower equity income.
SET insists Polaris clarify shareholders' meeting
Business, Pathom Sangwongwanich, Published on 21/03/2020
» The Stock Exchange of Thailand (SET) has demanded that listed developer Polaris Capital Plc (POLAR) clarify information after the Court of Appeals issued a temporary injunction to prohibit the registrar from registering the current board of directors.