Singapore Exchange said four Southeast Asian securities exchanges invited vendors to provide technology infrastructure for the Asean Trading Link, which it expects to launch toward the end of this year. The four exchanges are Bursa Malaysia, the Philippine Stock Exchange Inc., Singapore Exchange and the Stock Exchange of Thailand.
Atsushi Tomita has been appointed MD, Anglo-Thai Co Ltd and United Motor Works (Siam) Public Co Ltd
Work experience: MD, Nichiyu Asia (Thailand) Co Ltd; MD, Nichiyu Asia Pte Ltd; MD, Nichiyu Australia Pty Ltd
Shares of Thailand’s Sri Trang Agro-Industry (SRTA.SI), the world’s biggest rubber producer and exporter, opened below their issue price on their Singapore debut on Monday.
Around 9:00 a.m., Sri Trang was traded at $ 1.17, which is roughly equal to 28 baht . The shares opened at $1.15 or about 4.2% below the Singapore issue price.
First time director Abhinay Deo’s upcoming action thriller “Game”, which has Abhishek Bachchan in the lead role, has been scheduled for an April 1 release. Produced under Ritesh Sidhwani and Farhan Akhtar’s banner Excel Entertainment, the film has been shot in Greece, Turkey, Thailand, Britain and India. Filmmaker-actor Farhan Akhtar has penned dialogues for the [...]
The company’s shares will resume trading in Bangkok at 11:30 a.m.
Sri Trang Agro-Industry Pcl, Thailand’s biggest publicly traded rubber producer, set a maaximum offer price of $1.60 a share for its initial public offering in Singapore.
The company will raise as much as $448 million by selling 280 million shares, it said in a statement. The offer price will be fixed on Jan. 24, the company said.
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Thai Bumrungrad Hospital Pcl says Temasek Holidings Limited (TEM.UL) sold 42.67 million shares in the company on Friday which could be worth $54 million, Bumrungrad told the stock exchange. It also reported another shareholder sold 49.13 million shares in the company, but it gave no name for the seller. According to the Stock Exchange of Thailand’s website, the shares were sold at 30 baht ($1.265) each.
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Sonam Kapoor and Akshay Kumar are having a rollicking time shooting for “Thank You”. In their free time, they indulge in various activities and recently the two challenged each other to a basketball match on a cruise in Thailand. “Well I’ve reached Phuket where Sonam & i are shooting a song on a cruise ship [...]
He’s a mountaineer and a yoga instructor and claims to have performed yoga bare-bodied in Ladakh’s snow-clad mountains at an altitude of over 14,000 ft. And Ajai Kumar Bajpayee has now dared renowned yoga guru Baba Ramdev to match his feat. Bajpayee, 32, a liaison officer with the Indian Mountaineering Foundation (IMF) and a native [...]
Mark Zuckerberg, the founder of the popular social-networking website Facebook and the world’s youngest billionaire, has been spotted in Bangkok, media reports said Thursday. Zuckerberg, Time magazine’s person of the year, was attending a friend’s wedding in the Thai capital this week, The Nation newspaper reported. He was first spotted at the Enchanted Bar late [...]
Kate Moss is heading again to Thailand for New Year’s eve, a place where she has celebrated past three New year’s as well. The British supermodel was keen to fly somewhere exciting and new place to welcome 2011, but couldn’t plan it on time and instead will be returning to Phuket, Thailand for the fourth [...]
ST Electronics says it has been awarded a contract to supply an Automatic Fare Collection System (AFCS) for the extension of the Bangkok Mass Transit System (BTS) Sukhumvit Line in Bangkok, Thailand.
The contract was awarded by The Krungthep Thanakom Company Limited (KT), a Bangkok Metropolitan Administration Enterprise.
ST Electronics is the electronics arm of public-listed ST Engineering.
GMG Global (5IM.SG) is +4.8% at $0.325 trading with a higher-than-average volume of 32 million shares.
The rubber producer’s stock is benefiting from elevated rubber prices, with Tocom rubber futures nearing the 30-year highs hit last month; the gains are the result of tight supply in Thailand due to bad weather, and rising Chinese demand amid brisk auto sales, while the broader macro picture of stronger global PMIs, rising crude oil prices and loose monetary policy are boosting the liquidity flow into the commodities complex.
Spice i2i (M09.SG) +4.0% at $0.130 in above-average volume; stock enjoying 4th session of gains (which breaks losing run since Nov. 18) after it announced the acquisition of NewTel Corp., the second largest local branded handset player in Thailand on Dec. 6.
“It may be early days yet, but the charts show a pickup in volume and the recent news flow on acquisitions show they’re broadening their business after their rights issue,” says a trader at a local house.
Weekend Comment Dec 10: Switch from bonds to equity, says Nomura’s Darby
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