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Search Result for “$3 million”

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BUSINESS

Thai Union net profit falls on impairments

Business, Pathom Sangwongwanich, Published on 06/11/2018

» SET-listed Thai Union Plc (TU), the world's biggest exporter of canned and frozen tuna, reported a considerable dip in both third-quarter and nine-month net profits because of asset impairment charges and weak first-quarter results.

BUSINESS

SEC nabs Ronghui for sales

Business, Pathom Sangwongwanich, Published on 03/10/2018

» The Securities and Exchange Commission (SEC) has reported unauthorised sales of securities by Ronghui International Service Ltd to the Economic Crime Suppression Division for further investigation.

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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

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

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

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

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.

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BUSINESS

Expenses push Pace to post massive impairment loss

Business, Pathom Sangwongwanich, Published on 17/05/2018

» SET-listed Pace Development Corporation Plc's net loss widened by 610% year-on-year in the first quarter, due to impairment loss in investments and increased selling expenses from the property business.