SET50 Index

Monaker Group Announces Crypto Offering Created by Majority-Owned Longroot for Major Thai Real Estate Development Company

Retrieved on: 
Tuesday, December 1, 2020

MAGNOLIA, founded in 1994, is a renowned real estate developer in Thailand with a portfolio of developments that extend from condominiums to mixed-use and theme developments.

Key Points: 
  • MAGNOLIA, founded in 1994, is a renowned real estate developer in Thailand with a portfolio of developments that extend from condominiums to mixed-use and theme developments.
  • MAGNOLIA is currently in development of The Forestias , Thailands largest property development project, valued at approximately 125,000 million Thai Baht (approximately US$4.12 billion).
  • Longroots financial services are regulated by the Securities and Exchange Commission of Thailand to create digital assets for its corporate clients.
  • Monaker expects its stake in Longroot (i.e., a current indirect 57% interest) to benefit from one of the fastest-growing global industries with increasing product demand.

Kobe Digital Leads Design Rush's list of "10 Best Government Web Design Projects"

Retrieved on: 
Monday, November 30, 2020

LOS ANGELES, Nov. 30, 2020 /PRNewswire/ -- Kobe Digital , a Los Angeles based agency specializing in growth-focused digital marketing, was recognized today by Design Rush, a third party listing company ranking digital agencies across various categories, on their list of best government web design projects for their work with the Royal Thai Consulate.

Key Points: 
  • LOS ANGELES, Nov. 30, 2020 /PRNewswire/ -- Kobe Digital , a Los Angeles based agency specializing in growth-focused digital marketing, was recognized today by Design Rush, a third party listing company ranking digital agencies across various categories, on their list of best government web design projects for their work with the Royal Thai Consulate.
  • Other projects included on the list were organizations such as the City Of New Rochelle, the V&A Museum, and UCSB.
  • Kobe Digital designed and built a brand new website with three bespoke digital platforms for the Royal Thai Consulate's most important initiatives.
  • The demanding and complex nature of this project along with Kobe Digital's execution earned them the top spot on Design Rush's list.

Group Lease Public Company Limited Seeks 9,130 Million Baht in Damages From J Trust and Directors in Thailand

Retrieved on: 
Wednesday, September 23, 2020

For further details of this case, please refer to the press release issued by GL as follows

Key Points: 
  • For further details of this case, please refer to the press release issued by GL as follows
    Mr. Alain Dufes, Chief Financial Officer of Group Lease Public Company Limited, revealed on 11 September 2020, GL filed a civil claim against J Trust Asia Pte Ltd. (JTA) in Thailand seeking 9,130 million baht in damages.
  • In that case, the Court ruled that JTAs actions caused damages and ordered JTA to pay 685.5 million baht, including lawyer fees, to GL as of 5 March 2020.
  • Further, it turned out that these JTA actions have been decided and instructed by J Trust Co., Ltd. (J Trust), JTAs parent company, and two directors, thus GL has now claimed in this civil case against J Trust and the directors as well.
  • Since the court in Thailand previously awarded GL 10 million baht per day in damages for JTAs actions, GL is seeking 9,070.

PTT Global Chemical Adjusts its Business Strategies to Turn Crisis into Opportunities, Proactively Supporting Modern and Eco-Friendly Trends and Smart Office

Retrieved on: 
Thursday, August 20, 2020

The company had adjusted EBITDA of 6,463 million baht in Q2/2020, an increase of 2% from Q1/2020, but a 15% decrease from Q2/2019.

Key Points: 
  • The company had adjusted EBITDA of 6,463 million baht in Q2/2020, an increase of 2% from Q1/2020, but a 15% decrease from Q2/2019.
  • GC recorded net profit of 1,671 million baht (0.37 baht/share), an increase of 119% from Q1/2020.
  • GC's shareholders approved a USD 4 billion debenture issuance (2020-2024) for loan payments, investments, and the company's general business operations.
  • GC recently acquired shares of Dynachisso Thai Co. Ltd. to advance its engineering plastics of PP Compound business.

PTT Global Chemical Adjusts its Business Strategies to Turn Crisis into Opportunities, Proactively Supporting Modern and Eco-Friendly Trends and Smart Office

Retrieved on: 
Thursday, August 20, 2020

The company had adjusted EBITDA of 6,463 million baht in Q2/2020, an increase of 2% from Q1/2020, but a 15% decrease from Q2/2019.

Key Points: 
  • The company had adjusted EBITDA of 6,463 million baht in Q2/2020, an increase of 2% from Q1/2020, but a 15% decrease from Q2/2019.
  • GC recorded net profit of 1,671 million baht (0.37 baht/share), an increase of 119% from Q1/2020.
  • GC's shareholders approved a USD 4 billion debenture issuance (2020-2024) for loan payments, investments, and the company's general business operations.
  • GC recently acquired shares of Dynachisso Thai Co. Ltd. to advance its engineering plastics of PP Compound business.

AERO Corporation Co Ltd Awards Integrated Defense and Security Solutions (IDSS) Contract for DETECTâ„¢ 1000 Dual Energy Computed Tomography Checkpoint Baggage Screening Systems

Retrieved on: 
Monday, August 10, 2020

Today, Integrated Defense and Security Solutions (IDSS) announced that AERO Corporation Co Limited (AERO) has awarded a contract for DETECTTM 1000 Advanced Computed Tomography Checkpoint systems in support of the Suvarnabhumi International Airport located in Bangkok, Thailand.

Key Points: 
  • Today, Integrated Defense and Security Solutions (IDSS) announced that AERO Corporation Co Limited (AERO) has awarded a contract for DETECTTM 1000 Advanced Computed Tomography Checkpoint systems in support of the Suvarnabhumi International Airport located in Bangkok, Thailand.
  • The Suvarnabhumi International Airport is one of the airports managed and operated by Airports of Thailand Public Company Limited (AOT).
  • The operation and service of the DETECTTM 1000 systems deployed earlier this year, demonstrates its capability to enhance efficiencies and the passenger experience while improving security.
  • Integrated Defense and Security Solutions is a small business which develops and manufactures security technology systems based in Boxborough, Massachusetts.

SuperOne Obtains License in Thailand

Retrieved on: 
Friday, May 24, 2019

LONDON, May 24, 2019 /PRNewswire/ -- SuperOne 's local partnership has secured an ecommerce license for its operations in Thailand's growing gaming and crypto market.

Key Points: 
  • LONDON, May 24, 2019 /PRNewswire/ -- SuperOne 's local partnership has secured an ecommerce license for its operations in Thailand's growing gaming and crypto market.
  • The license was obtained by SuperOne's local Thai partnership, SuperOne Marketing Company Limited.
  • The ecommerce license verifies SuperOne's compliance with local Thai regulations and strengthens its proposition to local investors and partners.
  • "This ecommerce license solidifies and verifies our compliance with local laws and regulations in Thailand and drives significant value in our operations," states Khun Jerayuth Werawong, Lawyer and Managing Director of SuperOne Marketing Company Limited.

SuperOne Obtains License in Thailand

Retrieved on: 
Friday, May 24, 2019

LONDON, May 24, 2019 /PRNewswire/ -- SuperOne 's local partnership has secured an ecommerce license for its operations in Thailand's growing gaming and crypto market.

Key Points: 
  • LONDON, May 24, 2019 /PRNewswire/ -- SuperOne 's local partnership has secured an ecommerce license for its operations in Thailand's growing gaming and crypto market.
  • The license was obtained by SuperOne's local Thai partnership, SuperOne Marketing Company Limited.
  • The ecommerce license verifies SuperOne's compliance with local Thai regulations and strengthens its proposition to local investors and partners.
  • "This ecommerce license solidifies and verifies our compliance with local laws and regulations in Thailand and drives significant value in our operations," states Khun Jerayuth Werawong, Lawyer and Managing Director of SuperOne Marketing Company Limited.

Thailand Automotive Market Trends & Developments - Q2 2018

Retrieved on: 
Tuesday, December 18, 2018

The "Thailand Quarterly Regional Regulations and Market Growth Indicators Analysis, Q2 2018" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Thailand Quarterly Regional Regulations and Market Growth Indicators Analysis, Q2 2018" report has been added to ResearchAndMarkets.com's offering.
  • This growth insight is part of an ongoing quarterly tracker that monitors the trends and the developments in the Thai automotive market.
  • This insight analyzes the trends in the Thai automotive market for both passenger and commercial vehicles and their sub-segments in Q2 2018.
  • The study also discusses key market drivers and restraints, the market canvas - up to 2025, 2018 market specifics, assessment of 2018 market specifics as of Q2 2018, and 2018 market outlook as of Q2 2018.