Showing 1 - 10 of 14
GULF and INTUCH announce a strategic amalgamation
Business, Published on 16/07/2024
» Gulf Energy Development Public Company Limited (GULF) and Intouch Holdings Public Company Limited (INTUCH) have announced a strategic amalgamation to restructure related companies within the group to maximise benefits for future operations and investments, including to simplify their shareholding structure and cultivate new growth opportunities in the energy & infrastructure and digital landscape.
Ailing EA seeks strategic partner
Business, Nareerat Wiriyapong and Nuntawun Polkuamdee, Published on 16/07/2024
» Embattled Energy Absolute (EA) is seeking a strategic partner to help it with debts of 19.5 billion baht due this year, after a credit downgrading caused the SET-listed renewable energy company difficulty in mobilising fresh funds via bond issuance.
Israeli strikes across Gaza kill at least 13 people
Reuters, Published on 16/07/2024
» CAIRO - Israeli forces battled Hamas-led fighters in several areas across Gaza on Tuesday, while Palestinian health officials said at least 13 people were killed in Israeli bombardments in southern and central areas of the enclave.
Bankers chase more M&A in Malaysia as deal volume nearly doubles
Bloomberg, Published on 16/07/2024
» In a tough year for dealmaking in the Asia-Pacific, Malaysia is proving to be a bright spot.
Trump media shares soar on re-election bid boost
Bloomberg News, Published on 16/07/2024
» NEW YORK - The shares of Donald Trump's media company surged on Monday after a failed assassination attempt on the former United States president over the weekend boosted momentum for the so-called Trump trade across markets.
Energy Absolute stock dives as CEO quits, rating is cut on probe
Bloomberg and Reuters, Published on 16/07/2024
» Energy Absolute Plc (EA) shares plunged by the 30% daily limit on Tuesday after the founder and chief executive quit over a fraud probe and its credit rating was slashed to junk, even as the renewables company said it is seeking outside support for its business.
Viral TikTok videos from Singaporean architect bring feng shui to new audience
South China Morning Post, Published on 16/07/2024
» SINGAPORE - In 2020, when the world was in the grip of the Covid-19 pandemic, Cliff Tan entered a quarantine hotel in his native Singapore. At the time, the architect had 50 followers on TikTok.
Saudi event leads to 100 partnerships
Business, Lamonphet Apisitniran, Published on 16/07/2024
» The latest investment roadshow in Saudi Arabia has led to new opportunities as up to 100 pairs of Thai and Saudi entrepreneurs agreed to forge business partnerships, says the Board of Investment (BoI).
Energy Absolute launches probe into fraud claims
Business, Nareerat Wiriyapong, Published on 16/07/2024
» SET-listed Energy Absolute (EA) has set up a committee to look into the alleged fraud committed by its former chief executive and chief financial executive, yet the renewable energy producer insisted it would go ahead with a 5.5-billion-baht bond issuance, despite the recent negative developments pertaining to the company's credibility.
New power purchase agreement regulations in pipeline
Business, Yuthana Praiwan, Published on 16/07/2024
» Energy authorities are preparing to discuss direct power purchase agreement (PPA) regulations with local and foreign investors to facilitate companies demanding clean electricity to run their businesses.