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Search Result for “billion baht”

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BUSINESS

TFFIF rises 3% on debut, TOT and CAT mulled for ride

Business, Pathom Sangwongwanich, Published on 01/11/2018

» Thailand Future Fund (TFFIF) saw its share price rise 3% on its first trading day on Wednesday, while officials are mulling including a merger between CAT Telecom Plc and TOT Plc as an underlying asset for the fund's third batch.

BUSINESS

Specialist argues for LTF deductions

Business, Pathom Sangwongwanich, Published on 20/10/2018

» A move to end the tax deductions for long-term equity funds (LTFs) could severely affect Thailand's stock market as the global stock market bull run is poised to dissipate in 2020, says a mutual fund specialist.

BUSINESS

Interest rate hikes to deliver slow burn

Business, Pathom Sangwongwanich, Published on 17/10/2018

» Despite the prospect of higher interest rates in Thailand, borrowers across the board are unlikely to be hurt because the pass-through effect for rate hikes takes time to surface, says Kasikorn Research Centre (K-Research).

BUSINESS

11 sanctioned for EARTH insider trading

Business, Pathom Sangwongwanich, Published on 25/09/2018

» The Securities and Exchange Commission (SEC) has imposed a civil sanction on 11 individuals involved with insider trading of securities of SET-listed Energy Earth Plc (EARTH).

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BUSINESS

Osotspa IPO launch to lead 2018 in size

Business, Pathom Sangwongwanich, Published on 20/09/2018

» Century-old consumer goods conglomerate Osotspa Plc expects to launch an IPO early next month in a deal expected to be the largest corporate fundraiser this year.

BUSINESS

CPN on the cusp of Grand Canal buy

Business, Pathom Sangwongwanich, Published on 13/09/2018

» SET-listed Central Pattana Plc (CPN), the development arm of Central Group, has made a tender offer for all securities of Grand Canal Land Plc (GLAND) through wholly owned subsidiary CPN Pattaya Co Ltd, in a deal that could be worth 20.15 billion baht.

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BUSINESS

Pace awards China rights

Business, Pathom Sangwongwanich, Published on 30/08/2018

» SET-listed Pace Development Corporation Plc has entered into an agreement to grant the Dean & DeLuca franchise in China to Kinghill Overseas Holding Ltd, a subsidiary of Charoen Pokphand Group.

BUSINESS

NMG reports hefty loss

Business, Pathom Sangwongwanich, Published on 28/08/2018

» SET-listed Nation Multimedia Group Plc (NMG) posted a consolidated net loss of 2.16 billion baht last year because of lower advertising revenue, higher expenses and recognition of impairment losses of digital terrestrial TV licences.

BUSINESS

Polaris to replace directors

Business, Pathom Sangwongwanich, Published on 22/08/2018

» The Securities and Exchange Commission (SEC) has asked shareholders of Polaris Capital Plc to exercise their rights at Sunday's shareholders' meeting.

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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.