Thai Stock Market Roundup Oct. 16
A short summary to inform you of what had happened in Thai stock market on October 16, 2018.
– 7UP invested 1 million baht to acquire 70% stake of 3P Info Service Co., Ltd.
– DTAC confirmed that it will Submit the application for 900MHz auction today.
– TAKUNI acquired two projects worth 362 million baht.
– KC’s board of directors had approved the selling of estate in Lam Luk Ka for 35 million baht for working fund and liquidity.
– TIGER readied for its first trading day on October 24, as its IPO had sold out.
– SAMTEL acquired 316 million baht project from CAT Telecom to improve Real Time Charging System.
– MINT entered a joint venture with Vietnamese company to operate “The Coffee Club”’s franchisee in Vietnam.
– ORI dropped 33% according to the dilution effect.
– U advanced in clearing its deficit as shareholders had approved of capital and PAR reduction.
– Local institutions have, yet again, saved the day as the leading of purchasers on October 16, 2018. Together with proprietary trading and local individuals to make a total of 2.8 billion baht in total value.
– SET closed at 1,697.87, up 1.71 or 0.10% with 38.5 billion baht in total value as the tension between the U.S. and Saudi Arabia affected investors’ sentiment and limited gains.
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