BANPU to seek cheaper acquisition targets
Banpu will continue to look for new acquisition targets after the takeover of a coal mine in Mongolia, but the value of any deals will be lower than those sealed to date.
Banpu will continue to look for new acquisition targets after the takeover of a coal mine in Mongolia, but the value of any deals will be lower than those sealed to date.
Thai Union Frozen Products Plc, the country's largest seafood exporter, is warning that local shrimp prices may rise due to southern flooding.
SET-listed Sri Trang Agro-Industry (STA)expects to see its revenue jump by 30-40% to B100b this year from business expansion and an increase in production capacity in all types of rubber products. Kitichai Sincharoenkul, an executive director of STA, the world's largest block rubber distributor, said the company was seeing solid demand in the market driven by strong economic growth in Asia and emerging economies.
Housing prices are forecast to rise by at least 5% this year, reflecting the higher costs of construction, wages and land, says the Housing Business Association.
Tokyo AIM Inc and the Market for Alternative Investment (MAI) signed a memorandum of understanding yesterday to explore the possibilities of dual listings and other close cooperation in the near future.
The Erawan Group plans to sell Ploenchit Center to SCB Asset Management for Bt1.4b to help improve its financial performance this year, said its chief financial officer, Kamonwan Wipulakorn.
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