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Search Result for “asset acquisition deal”

Showing 81 - 90 of 283

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BUSINESS

PTTGC keen for value-added acquisition

Business, Yuthana Praiwan, Published on 06/04/2021

» PTT Global Chemical Plc (PTTGC), Thailand's largest petrochemical producer, is considering yet another asset acquisition after it acquired Vinythai Plc, a polyvinyl chloride (PVC) maker, through a delisting tender offer two weeks ago.

BUSINESS

EV Companies Went Public With Big Plans. They're Quickly Hitting Snags.

Business, Published on 05/04/2021

» Over the past year, the stock market has been deluged with newly public electric-vehicle startups that raised money by pitching plans for rapid growth.

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THAILAND

Daiwa Securities Group and 9 Basil launch DC Advisory Co to power Thailand and SE Asia trade channels

Published on 02/03/2021

» New joint venture to help fuel seamless transactions and business agreements between Thailand and Japan

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BUSINESS

GPSC posts 85% profit uptick last year

Business, Yuthana Praiwan, Published on 13/02/2021

» Global Power Synergy Plc (GPSC), the power generation arm of PTT Group, recorded an 85% increase in profit last year thanks to cost savings and full-year operation of a new asset acquired from France-based Engie Group.

BUSINESS

KTC to take 75.05% stake in KTB Leasing

Business, Somruedi Banchongduang, Published on 12/02/2021

» SET-listed Krungthai Card Plc (KTC) is in the process of acquiring a 75.05% stake in Krungthai Leasing Co Ltd (KTB Leasing) from Krungthai Bank (KTB), aiming to expand financial services to cover secured loan products.

BUSINESS

PTTEP buys 20% in Oman gas Block 61

Business, Yuthana Praiwan, Published on 02/02/2021

» PTT Exploration and Production (PTTEP) has acquired 20% participating interest in Oman's Block 61, one of the largest gas developments in the Middle East, in a US$2.45 billion (around 72 billion baht) deal aimed at increasing the company's petroleum reserves and sales as well as open up further investment opportunities in the Middle East.

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BUSINESS

Egco projects 10% capacity rise for 2021

Business, Yuthana Praiwan, Published on 02/02/2021

» Electricity Generating (Egco), a subsidiary of state-run Electricity Generating Authority of Thailand, expects its power generation capacity will rise by 10% this year from 5,422 megawatts as two key projects under its 37-billion-baht capital spending are set to start operations later this year.

BUSINESS

RS acquires 35% stake in Chase Asia

Business, Published on 20/01/2021

» RS Group is expanding its business to asset management and personal loans after acquiring a 35% share of Chase Asia worth 920 million baht.

BUSINESS

SGP acquires Linh Gas Cylinder in B707.8m deal

Business, Yuthana Praiwan, Published on 19/01/2021

» Siamgas and Petrochemicals Plc (SGP), Thailand's second largest trader of liquefied petroleum gas (LPG) by volume, is continuing to emphasise its diversification into LPG cylinder production, with the latest 707.8-million-baht asset acquisition deal expected to make it better compete in the tough industry.

BUSINESS

Gulf banks on Vietnam investment

Business, Yuthana Praiwan, Published on 15/01/2021

» Gulf Energy Development Plc, Thailand's top private power producer by capacity, plans to rack up more revenue this year through its investment expansion in Vietnam by acquiring 70.5% of ordinary shares in Global Mind Investment Management Pte (GMIM) in a deal worth US$40 million, or 1.2 billion baht.