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Uni Venture’s future under umbrella of “Siriwattanapakdee” family

By admin ⋅ October 24, 2008 ⋅ One comment

Uni Venture’s chairwoman Orradee Na Ranong is quite positive that the company’s decision to transfer the property rights over a piece of land in the golden Ploenchit district under the project of “Wires Square” to TC Land’s subsidiary TCC Luxury Hotels and Resort Co., Ltd. of the Siriwattanapakdee family is a win-win condition.
“We have considered [...]

US under Japanese control

By admin ⋅ October 20, 2008 ⋅ Post a comment

After acquiring a 78 percent stake in United Securities (US) from its former shareholders, the Vongkusolkij family, AP Group of Mr. Mitsuji Konoshita, the president, has dispatched score of executives and specialists from Japan to help run the local management.
Konoshita said the group sets three objectives for United Securities:
1. To become an international securities firm [...]

Yarnapund to seek merger partner

By admin ⋅ October 16, 2008 ⋅ Post a comment

Yarnapund Plc (YNP) is seeking growth through a merger strategy after the company turned down a deal to sell its new issued shares to a prospective foreign alliance, according to Chairman Vichai Thongtaeng.
Yarnapund’s share prices had been peaked at 8 baht a share in May over a rumor that the company reached a deal with [...]

Olarn urges shares buyback at blue chip firms while prices still low

By admin ⋅ October 13, 2008 ⋅ Post a comment

Deputy Prime Minister Dr. Olann Chaipravat urged major shareholders of blue chip firms considered shares buyback while prices are still low and reselling them when the market is recovered.
Dr. Olarn said he had also instructed the Stock Exchange of Thailand (SET) to report daily transactions of the institutional investors into 4 separated categories including Provident [...]

Panot suggests Thai logistics businesses adopting amalgamative strategy

By admin ⋅ October 12, 2008 ⋅ Post a comment

First director of Commerce Ministry’s Logistics Office Panot Boonyahotra suggested Thai logistics businesses adopting an amalgamative strategy to build up effective logistics networking.
He said Thailand’s has an annual export of 3.8 trillion baht, but 19 percent were logistics costs, which is much higher than several competitor countries.
“The Logistics Office is being set up to help [...]

From rag to finmin

By admin ⋅ September 26, 2008 ⋅ Post a comment

“I am the first child of a very poor family,” newly appointed finance Minister Suchart Thadathamrongvej told reporters at a news conference on first day in duty: “My father is a shoe repairer. When I was a kid I used to row a boat helping my illiterate mother selling noodle. I was a bus conductor [...]