Thai Stock Market Roundup Sep. 19
A short summary to inform you of what is going on in Thai stock market on September 19, 2018.
– DTC has completed the transaction to takeover LVM Holdings.
– TFMAMA joins ANAN to invest ฿2bln. in property development companies (Ideo Condo).
– Government Savings Bank will kick off its new service, withdraw/deposit at 7/11 convenience store, 31st October 2018.
– IRPC appoints new boards and executives, electing Mrs. Nidcha Jirametthanakij as Senior Executive Vice President.
– Thailand Ministry of Finance does not specify on the encouraging of merging banks would be KTB and TMB.
– MPC comes to a decision to maintain interest rate at 1.5%
– MPC also predicts that Thailand’s GDP will rise to 4.4% in 2018 and 4.2% in 2019.
– ADVANC will officially launch 1800MHz service on September 28, 2018.
– SEC approves MINT’s subordinated debentures not over ฿1.5bln.
– Sabina collaborates with Shopee to advance in online shopping, while expecting the revenue to increase around 30%
– OSP (Osotsapa) plans to set its IPO at ฿22-฿25/share, expecting the first trade day to be on Oct. 17.
– WP signs a ฿485M. contract for the construction of Bang Pokong Phase 3 Terminal.
– Local institutes and foreign investors sent their support to buy a total of ฿7.7bln. while the local individuals continued their selloff two days straight.
– SET closed at 1,749.80 points, up 5.38 or 0.31% with the total of ฿92.3bln. in value.