Kaohoon’s Top News on December 30, 2021

– As the year 2022 approaches, we, “Kaohoon Turakij Newspaper”, are taking a look back at the top ten news stories from the stock market in 2021.

1. SCB announced the establishment of SCBX to accelerate fintech investments.
2. GULF made a takeover bid for INTUCH.
3. MAKRO acquired Lotus’s stores.
4. JMART and BTS joined forces to create new synergies.
5. JMT and KBANK jointly established an unsecured asset management business.
6. PTTGC invested THB150 billion to acquire Allnex.
7. GPSC has successfully concluded deals for solar farm projects in India and wind farms  projects in Taiwan.
8. PTT and EA penetrated the EVs market.
9. DTAC and TRUE have agreed to merge their operations.
10. BANPU announced the capital increase and the purchase of new power plant projects.

– Syn Mun Kong Insurance (SET: SMK) announced the increase of its registered capital by up to 66 million shares to specific investors, or private placement (PP) at the price not lower than THB21.52, resulting in a total offering price not less than THB1,420 million. The purpose of the capital increase is to reinforce the company’s financial position to pay the relevant insurance claims in the future.   

– Three logistics stocks — JWD, WICE, and III — rallied yesterday (December 29) on a positive earnings expectation for this year. Analysts recommend “BUY” on three securities, with a target price of THB22.00 for JWD, THB22.10 for WICE, and THB15.50 for III.

– Five major contractors, including ITD, NWR, CK, STEC and UNIQ, inked contracts with the State Railway of Thailand for the construction of two new double-track railway line from Den Chai to Chiang Rai and Chiang Khong and from Baan Pai (Khon Kaen) to Mahasarakham, Roi Et, Mukdahan, and Nakhon Phanom, totaling THB128 billion. 

– Passive funds and index funds made a change on their portfolio in response to a new calculation of SET50 and SET100 benchmarks. Analysts anticipate that AWC, BANPU, and TIDLOR will face huge buying pressure as a result of their inclusion in the SET50.