Kaohoon’s Top News on December 16, 2020

– BGRIM announced that they nearly to close the deal for power plants in South Korea-Malaysia-Vietnam-Thailand which has the capacity close to 1,000 MW in next year, while having the confidence that it will support the 7,200 MW capacity target within 2025, while the 39 MW solar farm in Cambodia is expected to be commercialized before the end of this year.

– The MRT Pink Line is expected to be proposed in the Thai Cabinet’s agenda in December after Anutin Charnvirakul, Deputy Prime Minister, has signed the approval for the extension.

– TPCH set an annual revenue target in 2021 of 2,000 million baht, preparing more commercialization to increase the total production capacity to 125 MW, while moving forward to invest in community power plants and waste power plants. The company aimed to issue debentures not exceeding 2-2.5 billion baht.

– KBANK received Kaohoon’s “Popular Stock in Financial Sector” award. The bank stated that it will move forward strategically to create sustainable returns for investors, coupled with an implementation of high technology. Meanwhile, the company affirmed that it can control the level of NPL and aimed to expand its loan business in new areas.

– The Board of Directors of U gave a green light to sell 39 assets, expecting a total value of over 7,000 billion baht, aiming to pay the debt more than 4,000 million baht, leaving 3,800 million baht to help increase financial liquidity for its business.