Thai Stock Market Roundup
A short summary to inform you of what is going on in Thai stock market on September 6, 2018.
– GULF confirms joint venture in 326MW gas-fired power project in Oman.
– DTAC files a plaint to the Administrative Court regarding National Broadcasting and Telecommunication Commission (NBTC) in order to protect the subscribers’ right to continuously use the 850MHz network after the concession has ended.
– KBANK claims that the electronic banking failure on Aug. 31 – Sep. 1 is not a system error, but a human error (KBANK officer) causing internal system to fail, while unusual numbers of incorrect bank transfer from customer to other banks causes the processing transaction company (ITMX) to shut the system down. Thus, KBANK cannot guarantee that such problems will not occur again.
– SAMTEL (Samart Telecoms) signs a 386 million baht project for 3 years maintenance services of meters and accessories in Automatic Meter Reading (AMR) Phase 1 Project.
– BGRIM (B.GRIMM Power) has sign the Power Purchasing Agreement with Electricity of Vietnam (EVN) regarding solar power plant with 420 MW installed capacity in Vietnam (9.35 USD cent per kW-h per hour for the period of 20 years.)
– TPCH is positive that the 2018 growth will be higher than 2017. 4-5 biomass projects to come, waiting to confirm by in 4Q. The auction for Nongkae-Onnuch waste-to-energy plants will be done by the beginning for 2019.
– SEADEX has been approved by SEC to be the eighth digital currency exchange.
– SIRI is ready for a new project after 5 billion baht debenture has been sold out.
– After a negative morning session, SET has rebounded in the afternoon to close at 1,693.94, up 7.57 (0.45%) with 54.5 billion baht in value.