Thai Stock Market Roundup April 24, 2019

– PORT increased its capital by THB 138 million, issued to RO at THB 4.00/shares.

– CKP invested THB 681 million. to increase the stake in Nam Ngum 2 Hydroelectric Power Plant to 46%.

– FPT acquired 10% of Singapore’s PBAI to advance in robotic/automation solutions services.

– PF issued a debenture not exceeding THB 2.5 billion with 4 years maturity and 7% interest rate to major investors on 7-9 May 2019.

– SET warned GJS’s shareholders to carefully study the THB 117 million loan that the company will propose in AGM which was opposed by IFA.

– GULF increased its share to 95% in “Mekong Project” and established a new subsidiary, BSE.

– CPF’s “Dhanin Chearavanont” resigned from Chairman of the Board.

– ORI issued a debenture not exceeding THB 1.7 billion with 4.15% interest rate to major investors and institutions on 7-9 May 2019

– GUNKUL revealed a new project worth THB 5 billion., pushed its backlog over THB 7 billion.

– CPT’s shares jumped 8.55% after the cooperation with “SIEMENS” to produce Electrical Control Cabinet and sell equipment, projecting to increase revenue by 20% in 2020.

– The cabinet signed MOC for Hi-Speed Rail Link between Thailand-Laos-China to link Nong Khai – Vieng Chan route.

– Big 5 companies in the construction sector submitted bidding envelopes for Phra Ram 3 expressway project while the top bidder: CK–ITD took 4 contracts.

– Local Institutions and Prop Trade posted a total of THB 982 million net buy, buoyed SET to close higher after a two-day loss.

– SET closed at 1,673.43 points, gained 2.12 points or 0.13% with a trading value of THB 47.5 billion. Though the market moved in a narrow range, the market was able to close in positive territory, buoyed by major stocks such as ADVANC and CPALL while receiving positive sentiment from the higher oil price.

 

Top 10 Most Important Shares on April 24, 2019