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Archive for December, 2007

Thai Hot Stocks - Market seen up, TPI Polene eyed

BANGKOK, Dec 7 (Reuters) - Thai stocks were expected to rise again on Friday, lifted by rises of other markets in Asia propelled by Wall Street, but investors remained cautious ahead of the U.S. Federal Reserve rate meeting next week, dealers said.
“SET should extend its gains following other bourses in the region, but there’ll be [...]

Lombard buying 40% of SNC’s new issued shares

Hong Kong-base Lombard Asia III Fund said it had sign a memorandum of understanding with SNC Former Plc, a manufacturer of air-conditioner parts, to buy 40 per cent of its 100 million new issued shares, in its public offering to raise 1.23 billion baht.
SNC CEO Somchai Thaisanguanvorakul told a news conference that, upon deal completion, [...]

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