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BIZARRE: 12 | Mind Blowing Facts

DES Ministry seeks to revoke satellite ruling

The Digital Economy and Society (DES) Ministry plans to petition the Central Administrative Court to revoke the arbitral ruling that Thaicom 7 and 8 satellites are not part of the agreement between the ministry and SET-listed Thaicom.

Bangkok Post

Gulf makes it to SET's THSI list for 2022

Gulf Energy Development is among 170 companies included on the Stock Exchange of Thailand's Thailand Sustainability Investment (THSI) list for 2022, making the register in the resources category for the fourth consecutive year.

Bangkok Post

True Virtual World scoops two awards

True Virtual World, of SET-listed telecom operator True Corporation, won two awards -- "Best in Future of Work" and "Chief Information Officer/Chief Digital Officer of the Year" -- at the IDC Future Enterprise Awards 2022 in Singapore.

Bangkok Post

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AAI sets IPO share price ahead of November listing

Asian Alliance International (AAI), a manufacturer of ready-to-eat food and pet food, expects the company's common shares to be listed on the Stock Exchange of Thailand (SET) in the first week of November.

Bangkok Post

Ananda preps Phuket mixed-use plot

SET-listed Ananda Development plans to develop a mix of residential projects comprising a wellness centre, hotels and an international school on a 500-rai inland plot in Phuket, with the first phase beginning next year.

Bangkok Post

Foreigners snap up B146bn of Thai stock

Foreigners were net buyers of 146 billion baht worth of equities on the Thai stock market in the first nine months of this year as they expect tourism to revive the economy in the fourth quarter, say executives at the local bourse.

Bangkok Post

Jay Mart eyes B30bn M&A deals in drive for growth

SET-listed Jay Mart, a holding firm engaged in IT retail, finance and technology, aims to reach a 500-billion-baht market capitalisation by 2024, up from 200 billion baht, driven by technological power, new business models, and financial products.

Bangkok Post

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Gulf kicks off Chon Buri gas-fired plant

SET-listed Gulf Energy Development, Thailand's biggest private power producer by market value, continues to ramp up growth of its energy business by selling electricity from its newly built gas-fired power generation unit in Chon Buri.

Bangkok Post

DES Ministry demand disrupts satellite orbital slot auction

The second attempt by the telecom regulator to hold a satellite orbital slot auction looks set to face a major hurdle as the Digital Economy and Society (DES) Ministry demands reservation of some satellite capacity from the winning bidders for state use without charges.

Bangkok Post

Central Rama 2 to get a B1.2bn makeover

SET-listed retail and property developer Central Pattana Plc (CPN) is to invest 1.2 billion baht in the shopping mall Central Rama 2 to give it a new look and transform it into an urban landscape.

Bangkok Post

AIS and China's ZTE team up for 5G centre

SET-listed Advanced Info Service (AIS), Thailand's biggest mobile operator by subscriber base, has partnered with Chinese telecom equipment maker ZTE Corporation to launch the country's first hub for 5G innovation and solutions, called 5G A-Z Center.

Bangkok Post

Synnex eyes acquisitions, joint ventures for growth

SET-listed IT product distributor Synnex Thailand plans to pursue acquisitions and joint ventures with others associated with cybersecurity, data-driven business, robotics and electric vehicles (EV) to drive growth.

Bangkok Post

$Apple, Tesla focus of new fractional trade$

Apple, Tesla focus of new fractional trade

The Stock Exchange of Thailand (SET) and state-owned Krungthai Bank (KTB) are launching fractional depositary receipts (DRx), a tool that can help investors buy a part of leading global companies such as Apple and Tesla Inc.

Bangkok Post

RS to list its Popcoin token on crypto exchange tomorrow

SET-listed RS Group is planning to list its digital token Popcoin on the cryptocurrency exchange XT.com tomorrow, marking its entry into the digital asset and investment business.

Bangkok Post

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Bangkok Post

Prima Marine earmarks B4.37bn to buy new vessels

SET-listed Prima Marine, an operator of marine transport and storage of crude oil and petroleum products, plans to allocate 4.37 billion baht to purchase new marine vessels this year to grow its business.

Bangkok Post

GMO-Z com unit planning to float on stock exchange

The Thai unit of GMO-Z com, the Japanese securities brokerage, is planning to float its shares on the Stock Exchange of Thailand (SET), after posting a net profit growth for three consecutive years, thank to the high trading liquidity of the Thai bourse.

Bangkok Post

THG unveils Bangladesh health tie-up

SET-listed Thonburi Healthcare Group (THG) is preparing to help Bangladesh develop a so-called "hospital for society" in cooperation with the 2006 Nobel Peace Prize laureate Muhammad Yunus.

Bangkok Post

Punthai eyes 5,000 outlets within 2027

Punthai Coffee Co, the operator of Punthai Coffee, has set its sights on increasing the number of its coffee shops to reach 5,000 over the next five years, up from 300 shops last year.

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Bangkok Post

Com7 looks to rental services to drive growth

SET-listed IT retail chain Com7 is set to provide rental services for high-end smartphones next month, targeting travellers in a drive for growth.

Bangkok Post

Nex Point invests B6bn in 2nd plant

SET-listed Nex Point, an electric vehicle (EV) assembler, is allocating 6 billion baht to develop its second production facility in Chachoengsao to serve increasing purchase orders from electric bus and truck operators.

Bangkok Post

BAREIT fund begins trade on the SET

SET-listed Bangkok Airways (BA) kicked off trading on Wednesday of its real estate investment fund on the Stock Exchange of Thailand, offering a first-year return of up to 8% during a period of low interest rates and high inflation.

Bangkok Post

CPN displays new Centara Korat Hotel

Central Pattana (CPN), the SET-listed property and retail developer, opened Centara Korat Hotel on Tuesday, the first mixed-use project in the northeastern region.

Bangkok Post

Gulf expands in US with gas purchase

SET-listed Gulf Energy Development, Thailand's biggest private power producer by market value, has purchased 49% of Jackson Generation, a gas-fired power plant in Illinois, for US$400 million (15 billion baht) as it embarks on its US expansion.

Bangkok Post

SC Asset set to invest in logistics business

SET-listed developer SC Asset Corporation is bullish on the non-residential property business, with plans to invest in logistics and launch a new hotel in Bangkok's Ratchawat area in December this year.

Bangkok Post

Central stores allotted B15bn for facelift

Central Department Store Co under Central Retail Corporation (CRC), the SET-listed retail arm of Central Group, looks set to spend 15 billion baht to expand its retail business during 2023-2027.

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