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Siam Cement shares rise as packaging subsidiary IPO subscription announced
The Siam Cement PCL (SCC)'s Initial Public Offering (IPO) of its subsidiary packaging firm received a great response with the shares jumping by 4.66 per cent to 359 baht, an increase of 16.00 baht, at 10:25 a.m. on Monday...
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Bangkok extends filing period for land and property tax to the end of October
Bangkok Governor Aswin Kwanmuang will extend the filing period for land and property tax until the end of October according to local media reports and press statements.The filing date has already been extended twice due to the impact...
Market Watch
PM promises soft loans worth 24 billion baht for seven airlines
Seven locally operated airline
businesses will receive soft loans worth 24 billion baht from the government to
help them counter the impacts of the coronavirus pandemic, Prime Minister
Prayut Chan-ocha said on Friday.The PM made the promise during
a meeting with representatives...
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BGRIM aims for 7,200 MW capacity in 2025 and assures no capital raising required
B.GRIMM POWER PCL (BGRIM) revealed that the company has increased its power generation target from 5,000 MW in 2022 to 7,200 MW in 2025 with an investment of 180,000 million baht.BGRIM ’s total power capacity is currently 2,896 MW...
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BOT launches debt relief measures to help retail debtors cope with interest burden
The Bank of Thailand (BOT) has agreed with financial institutions to launch debt consolidation measures to help retail debtors affected by the economic downturn due to COVID-19.The debt consolidation measure is an alternative to retail debtors in part of...
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GULF to acquire up to 10 per cent of INTUCH shares
Gulf Energy Development PCL (GULF), one of Thailand’s largest electricity-generating firms, announced that the Board of Directors has approved its acquisition of up to 10 per cent of ordinary shares in INTUCH Holdings PCL (INTUCH) from 7.99 per cent.The...
Market Watch
STA to face small impact from anti-dumping investigation of Thai auto tires to the U.S.
The new assessment into Thailand’s tires export to the U.S. is likely to pose a slight contraction on related stocks, such as Sri Trang Agro (STA), analysts said.The U.S. ascertained that Vietnam's currency was being undervalued by 4.7 per...
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VGI shares continue to surge for second day due to Kerry IPO announcement
Shares of SET-listed VGI opened in the market at 7.60 baht, rising by 11.76 per cent or +0.80 baht on Thursday morning, as the price reached the ceiling due to the Kerry Express Thailand (KEX) IPO filing. On Wednesday, VGI...
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MAJOR say worst is over as it sees signs of recovery in second half of 2020
Major Cineplex Group PCL (MAJOR) said this week that its business has started to gradually recover as more movies are coming on screen in the second half of the year, saying that it expects a good return from the...
Main
VGI shares rise sharply, hitting the ceiling as a response to Kerry filing
The share price of VGI, a leading out-of-home media service operator, soared up exponentially by 14.29 per cent to 6.80 baht on Wednesday morning at 11:49 a.m., an increase of 0.85 baht, with a trading value of 754.1 million...
