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Search Result for “billion baht”

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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.

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

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

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.

BUSINESS

GGC probes shortfall in inventory

Business, Pathom Sangwongwanich, Published on 30/06/2018

» Global Green Chemicals Plc (GGC), the SET-listed biochemical arm of PTT Global Chemical Plc (PTTGC), has announced a significant reduction in raw material inventory, hinting at the possibility that a corporate unit could be in collusion with third parties or suppliers.

BUSINESS

LH's former chairman proposes share purchase

Business, Pathom Sangwongwanich, Published on 22/06/2018

» SET-listed property developer Land and Houses Plc (LH) has received a proposal from former chairman Anant Asavabhokhin for a voluntary partial tender offer of the company's shares, worth around 1.41 billion baht.

BUSINESS

Group Lease says audit still on track

Business, Pathom Sangwongwanich, Published on 20/06/2018

» Embattled Group Lease Plc (GL) has notified the Securities Exchange Commission (SEC) that it is still preparing to submit the requested special audit after appointing a Singaporean auditing firm to complete the task.

BUSINESS

SEC lays charges against Energy Earth

Business, Pathom Sangwongwanich, Published on 13/06/2018

» Financially beleaguered Energy Earth Plc (EARTH) has been accused by the Securities and Exchange Commission (SEC) of falsifying details related to its actual level of indebtedness in an attempt to conceal information from investors and justify entering a business rehabilitation plan.