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Search Result for “amalgamation”

Showing 1 - 10 of 84

BUSINESS

True's one-network strategy implementation completed

Business, Komsan Tortermvasana, Published on 30/10/2025

» True Corporation has implemented its one-network strategy through the complete integration of True and the now defunct Total Access Communication (dtac) telecom tower infrastructure and spectrum pooling.

BUSINESS

End of tariff uncertainty unlocks SET

Business, Tisco Securities, Published on 16/08/2025

» July was an unusual month for Thai equities as the low point of the month for the SET index occurred on the first day and the high point on the last day, with a wide trading range between 1,086.56 and 1,251.16 points.

BUSINESS

CP Axtra sees profit rise 5.8% in first half

Business, Published on 12/08/2025

» CP Axtra Plc, the operator of leading wholesale and retail brands Makro and Lotus's, reported total revenue of 259 billion baht in the first half of the year and a net profit of 4.93 billion baht, representing growth of 5.8% year-on-year.

BUSINESS

New True chief vows to pay firm's 1st dividend in 25 years

Business, Komsan Tortermvasana, Published on 14/05/2025

» The newly appointed group chief executive of True Corporation has outlined his mission for the first 100 days, writing a new chapter for the telecom company by continuing its profitability, driving operations of trusted services, and strengthening data centre development.

BUSINESS

CP Axtra Q1 revenue hits B130bn

Business, Published on 12/05/2025

» CP Axtra Plc, the operator of leading wholesale and retail brands Makro and Lotus's, reported total revenue of 130 billion baht in the first quarter this year.

BUSINESS

Rating uplift boosts Gulf's confidence

Business, Yuthana Praiwan, Nuntawun Polkuamdee and Komsan Tortermvasana, Published on 04/04/2025

» Gulf Development Plc (Gulf), recently established through the merger of Gulf Energy Development Plc and Intouch Holdings Plc, expects bright business prospects, thanks to a better credit rating and continual financial support over the next five years.

BUSINESS

Tris upgrades Gulf on financial profile

Business, Published on 03/04/2025

» Tris Rating has upgraded the corporate credit rating of Gulf Development Plc from A+ to AA-, while its senior unsecured debentures were raised from A to AA-, with a stable outlook.

BUSINESS

Gulf Development allots B100bn budget

Business, Yuthana Praiwan, Published on 26/03/2025

» Gulf Development Plc, a new firm established by the merger of Gulf Energy Development Plc and Intouch Holdings Plc, is planning to spend 100 billion baht over the next five years synergising energy and telecom businesses, as well as developing a data centre facility.

BUSINESS

Rating upgrade reflects Gulf's strong fundamentals

Business, Published on 27/12/2024

» Gulf Energy Development Plc has been assigned an A+ corporate credit rating and an A rating for its senior unsecured debentures, with its outlook upgraded from "stable" to "positive" by Tris Rating Co.

BUSINESS

Top five business news stories of 2024: Sealing deals

Business, Published on 25/12/2024

» The outlook for Thai small businesses this year was not prosperous, as the economy continued to grow at a sluggish pace.Some large companies outperformed others, but often they were forced to adjust their structures and increase liquidity through major transactions.Notable deals included the separation of the food and real estate businesses within the Sirivadhanabhakdi family, as well as the year-end investment by CP Axtra, under Charoen Pokphand (CP) group, in the Happitat mall at Forestias, also under the CP umbrella.Several other corporations wrapped up deals in a bid to strengthen their position.