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Old November 12th, 2018, 06:56 AM   #4081
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I have been to Icon Siam and taken a photo of the show - quite impressive indeed

There are 550000 customers coming to Icon Siam during the first 3 days
https://www.thairath.co.th/content/1418778

Opening Ceremony of Icon Siam is more than impressive evening show
https://www.thairath.co.th/clip/259558

In addition to Siam Takishimaya, there are a lot of brand name shops to go including Jumbo Seafood from Singapore
https://www.thairath.co.th/content/1417696

Once Apple Store has been opened at Icon Siam, lots of Mac - I-Phone - I - PAD Fans coming to Apple Store by Storm - some items are sold out!
https://www.thairath.co.th/content/1417466
https://www.prachachat.net/marketing/news-248236


Tim Cook of Apple Inc has given a reason why he picks Icon Siam
https://www.youtube.com/watch?v=iSul_nSEm1U
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Old November 12th, 2018, 02:06 PM   #4082
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BSR Joint Venture vs CP Holding for 50 year concession for High Speed train connecting 3 airports with a total price tag of 224,544.36 Million Baht (168,718 Milion Baht for high speed train, 45,155.27 million Baht investment on land development and 10,671.09 Million Baht for rights to run exisiting Airport Link)

BSR coming first (BTS Group Holding - STECON PCL - Ratburi Power Plant PCL)
CP Holding and alliance (ITD PCL - China Railway Construction Corporation Limited - CK - BEM) have followed

Both have paid 2000 million Baht deposit, the letter of authorization, list of document and 2 million Baht fee and those who won the concession will have to pay another bank guarantee of 4500 million Baht

According to insider, CP is going to form alliance with both SNCF from France and FS from Italy as the way to learn how make money out of High Speed train via land development
https://www.thairath.co.th/content/1418695
https://www.khaosod.co.th/economics/news_1810666
https://www.prachachat.net/property/news-249090
https://www.dailynews.co.th/economic/676494
https://mgronline.com/business/detail/9610000112668
https://www.khaosod.co.th/breaking-news/news_1813031
https://www.prachachat.net/property/news-246617
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Old November 13th, 2018, 08:10 AM   #4083
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BSR Joint Venture vs CP Holding for High Speed train connecting 3 airports with a price tag of 224,544.36 Million Baht - the winner will be known in mid December 2018 but the contract signing will be held on 31 Jan 2019, a few day after cabinet approval

BSR Joint Venture consists of 60% BTSC, 20% STECON and 20% Ratburi power plant

CP Holding is 70% of shareholder while CK PCL and BEM PCL are holding 15% of shares, ITD PCL is holding 5% of share, China Railway Construction Corporation Limited is holding the other 10% of shares.

JBIC, JOIN of Japan, China Resources (Holdings) Company Limited and CITIC Group Corporation are going to become alliances with CP even though they are not shareholder.

JBIC is going to finance the project
JOIN is mutual fund company from Japan to invest on real estate and stock
CITIC and CRC-China Resources are going to finance the project as well.

Italian firm also show interests on traffic and system maintainance while Germany (Siemens), Korea (Hyundai ROTEM), Italy ( Ferrovie dello Stato Italiane ) and Mainland China (CRRC-Sifang) want to sell Highspeed EMUs. If CP is the winner, they would become the other sets of shareholders for sure but CP is still holding at least 26% of stock in the hand as CP is the main shareholder.

CP even offer the deals with the local adminstrations along the highspeed train to invest on local developments to gain much better cooperations from the local people including free ride for those handicapped (even though it would be likely special discount for the handicapped).

The board would consider the first bidding form (Qualification) from 13 - 19 Nov 2018
The board would consider the second bidding form (Techniques) from 20 Nov - 11 Dec 2018
The board would consider the third bidding form (Financial resources) from 12 - 17 Dec 2018

the negotiation with the winner of bidding will be held from 18 Dec 2018 to 1 Jan 2019
Attoney General would inspect the contract from 2 - 14 Jan 2019
EEC Board headed by PM Prayut (big Too) will take a consideration from 15 - 17 Jan 2019
Cabinet approval in 18 - 28 Jan 2019
Contract singing on 31 Jan 2019
https://www.dailynews.co.th/economic/676693
https://www.khaosod.co.th/economics/news_1815144
https://www.thairath.co.th/content/1419573
http://daily.bangkokbiznews.com/detail/350885
https://mgronline.com/business/detail/9610000112891
http://www.cp-enews.com/news/details/cptalk/2251
https://www.facebook.com/anwar.deae/...20554437960768
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Last edited by Wisarut; November 13th, 2018 at 09:55 AM. Reason: Addendum
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Old November 13th, 2018, 11:23 AM   #4084
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Free ride along Phadung Krungkasem city moat from Bangkok Railway terminus to Thewet Pier until the end of 2018 - served by 8 boats - 2 big boats with 40 seats and 6 small boat of 12 seat running in the follwing schedules
Weekdays: 6 AM to 7 PM - 10 - 20 minute interval
Weekends and holidays: 8 AM to 6 PM - 10 - 20 minute interval

11 piers to serve
Thewarat market
Thewet pier
Prachadhipatai
Ratchadamnoen Nok avenue
Nakhon Sawan
Larn Luang
Ministry of Energy
Yotse
Nopphawongse
Hua Lamphong
Hua Lamphong subway station (the new one)
https://www.dailynews.co.th/bangkok/676492
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Old November 13th, 2018, 06:39 PM   #4085
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Those Little Thailanders along the area of Si Phraya - Klong San - Lad Ya - Wongwian Yai - Talad Ploo have obstructed the plan of red line commuter extension to the point that SRT has to delay red line commuter extension from Bangkok Railway terminus at Hua Lamphong all the way to Mahachai via Lad Ya, Wongwian Yai and Talad Ploo - while those in Mahachai Keep lamening for the lost oppotunity for electrified commuter due to the obstructive people
http://www.sakhononline.com/report/2017/?p=909
https://www.thebangkokinsight.com/63709/
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Last edited by Wisarut; November 14th, 2018 at 12:47 PM. Reason: Addendum
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Old November 15th, 2018, 08:26 AM   #4086
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After the comment from Thai Nettizens on the sorry state of Third Class Carriages along with the comment by Khun Chatchart, Channel One (Channel 31) has come to raise the issue on how to improve Third Class Carriages in the optimal to the passenger demands due to the conflicting demands from passengers. Cases to point are that many passengers are in conflicts - since Bangkokians want MORE airconditioned third class carriages while those rural folks who carry fruits and vegetables along with confectioneries to sell in the markets in the cities want just improvement of third class carriages without aircondition while those Animal lovers badly want to bring their cats and dogs into the passenger carriages (airconditioned included) but SRT would not allow to put animals into airconditioned carriages
https://www.youtube.com/watch?v=XbSlVAe0RIw
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Old December 6th, 2018, 07:27 AM   #4087
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A guide to the world’s most remarkable gardens
By Phoebe Jayes - Dec 5, 2018

From the grand and spectacular gardens at Versailles to the symmetrical beauty of the Nong Nooch Tropical Botanical Garden in Thailand, UK provider of garden products Arbodeck explores some of the world’s most remarkable gardens.

Nong Nooch Tropical Botanical Garden in Pattaya City, Thailand



This popular tourist attraction boasts a 500-acre botanical garden display, including the country’s largest display of flowering plants. Its 1.1km walkway allows you to explore the symmetrical beauty of the garden, which includes a selection of bonsai, ferns, orchids and palms. It’s not just floral displays on show, either. With a fishing pond and an elephant show for visitors to take in, you can enjoy an array of activities in this gorgeous garden.
https://www.theenglishgarden.co.uk/p...kable-gardens/
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Old December 9th, 2018, 03:18 AM   #4088
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Bangkok's Hidden Gem Small Hotel

Hotel Muse Bangkok wins the prestigious World Luxury Hotel Awards





Hotel Muse Bangkok is renowned as one of the best hotels in Bangkok. This elegant boutique Bangkok hotel was inspired by the grand designs of 1920s Europe, and is enlivened by touches of contemporary Asian décor. This skillful recreation of the style, ambience and decadence of the ‘golden age of travel’ has ensured that Hotel Muse Bangkok’s is now known as one of the best hotels in Bangkok. Prestigious accolades include Condé Nast Johansens 2018 in the “Best for Luxury Value” category. Winning the coveted award is particularly meaningful as votes are based on responses from online voting, guest feedback, and local expert reports drawn from the hotels featured in Condé Nast Johansens most recent guides. Another award that has helped Hotel Muse Bangkok become known as one of the best hotels in Bangkok was it triumphs at the Haute Grandeur Global Hotel Awards, scooping “Best Romantic Hotel in Asia 2017”.

Hotel Muse Bangkok also wins the prestigious World Luxury Hotel Awards Hotel Muse Bangkok is delighted to announce that it has won a prestigious “Continent Winner Award” in the “Luxury Design Hotel” in Asia at the “World Luxury Hotel Awards 2016.”, among thousands of applicants. The World Luxury Hotel Awards aim to raise standards within the luxury hotel industry by giving recognition to hotels for world class facilities and service excellence. The awards are presented to luxury hotels in different categories on a country, continent and global basis. The award is particularly meaningful for Hotel Muse Bangkok as votes are the result of actual guest experience and based on facilities and service excellence.

Read more at http://america.etbtravelnews.global/...-hotel-awards/
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Old December 14th, 2018, 07:30 AM   #4089
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Bangkok through the eyes of the city’s insiders
Think you know Thailand’s capital well? Two long-term residents – a photographer-turned-influencer and a food-and-travel vlogger – offer their takes on the buzzing metropolis
PUBLISHED : Friday, 14 December, 2018, 10:26am
UPDATED : Friday, 14 December, 2018, 12:32pm







https://www.scmp.com/native/lifestyl...ugh-eyes-citys
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Old December 15th, 2018, 05:51 PM   #4090
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Bangkok’s latest mega shopping mall features one of the world’s longest pillarless all-glass facade


Iconsiam's “colossal window” facade rises as high as 24 meters and spans three stories. Image: Seele

When it opened along the Chao Phraya River in Bangkok, Thailand, on Nov. 10, the massive luxury shopping mall Iconsiam—self-identified as “the Icon of Eternal Prosperity”—boasted a number of firsts, including the longest (400-plus meters) water feature in Southeast Asia, and the first project in the country to integrate road, rail, and water transportation. (The complex is 1 kilometer from a station for the BTS Skyway monorail that will be completed next year.)

This 750,000-sm (8.072-million-sf) mixed-use complex, with 525,000 sm of retail space over 10 floors, is connected to Thailand’s first Apple store (and the largest in Asia), and also features a 10,000-sm River Park, a 3,000-seat auditorium, the National Treasure Museum, and two condo towers.
https://www.bdcnetwork.com/bangkok%E...l-glass-facade
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Old December 29th, 2018, 06:17 PM   #4091
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Bangkok’s Chinatown braces for gentrification now subway stations are about to open by next year
Most Sino-Thai clans quit Sampheng, a warren of narrow lanes, years ago, but few sold their properties, and its patchwork of ownership may save the historic neighbourhood from mass development – though change will inevitably come







Suwilai Boonthawatchai, 63, was born and raised in Sampheng, the narrow street that for two centuries defined the commercial heart of Bangkok, known today as Chinatown. “At night we could walk to the street food stalls wearing our pyjamas,” Suwilai recalls of her childhood in the area. “It was comfortable and safe. There were no thieves at all at that time.”

Things started to change in the old neighbourhood in the early 1990s, when Thailand’s economy was booming and every household could suddenly afford a car. But there was no place to park in Sampheng, a warren of narrow lanes, wholesale and retail outlets, and crowded pavements. The ethnic Chinese residents started to move out to condominiums or the suburbs. The Boothawatchai family finally relocated 10 years ago, buying a house in a Bangkok suburb but keeping their Sampheng property as an office for their business – selling imported sewing machines and spare parts.
https://www.scmp.com/lifestyle/trave...subway-station
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Old December 30th, 2018, 02:11 AM   #4092
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Siam - Chula - Samyan on the new making as shopping, education and innovation hubs of Bangkok












https://www.marketingoops.com/news/b...elopment-plan/
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Old January 12th, 2019, 01:43 AM   #4093
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The future of Bangkok’s Chinatown
By Bill Barnett







The emergence of boutique hotels, hostels, hip bars and cafes has revolutionised the way Chinatown, Bangkok is seen. This, together with the entry of international branded operators setting the stage for exciting changes. or over 200 years, Yaowarat Road in Bangkok or Chinatown has been a center of Chinese immigrants in Thailand. Although some newer development has taken away some of Chinatown’s authenticity, it is still to this day one of Bangkok’s most visited areas which hasgenerated a splendid mixture of the old and new, be it street-food vendors, temples, or art galleries. On top of that, what really draws both local and foreign demand to the area is the ultimate experience itself.

Jammed streets with full tuk-tuks, small vans, and street merchants are what the other areas cannot offer. With some buildings and land is left unused, there have been many redevelopment projects for hotels and residences, and now domestic and international hotel chains are entering the market. What follows, is meant to shed light on the transformation of Chinatown. Because of the continuously increasing number of cafes, bars, and restaurants, further hotel development is expected to highlight the importance of design. Although cultural experience hasbeen the whole point of coming to Chinatown, the ‘chic’ experience will be a secondary factor to generate demand. From the recent developments and upcoming hotels, all properties have their uniqueness in design no matter in common areas or F&B outlets. Even the 10 year old Shanghai Mansion Bangkok has been able to maintain high performance due to its unique interior design. Looking across Bangkok’s luxury Riverside projects, such as Four Seasons and Capella which will come into the market soon, it is clear that luxury hotels have come out of the Bangkok Central Business District. With mass transit and proximity to the river, there is a high possibility to see more upscale development coming up in Chinatown.
https://thethaiger.com/thai-life/pro...koks-chinatown
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Old January 12th, 2019, 07:53 AM   #4094
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Udonthani

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Old January 26th, 2019, 08:23 PM   #4095
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Bangkok from Above
The Only Mountain of the City and Tragic History




Crying Bridge

The Golden Mount at Wat Saket Built on an artificial man-made hill, the Golden Mount is the temple’s most well-known landmark and is a sacred pilgrimage site during the weeklong worshipping period in November. To get to the top requires a climb up some 300 steps, which encircle the chedi like a loosely coiled snake.

The path is well-paved and the climb relatively easy if you avoid going at midday or during peak summer months. Before beginning the climb, you will find an unusual cemetery built into the base of the Golden Mount. Covered in vines and overgrown trees, it emits a rather spooky out-of-era vibe. Perhaps this is because in the late 18th century, Wat Saket served as the capital's crematorium and the dumping ground for some 60,000 plague victims. Approaching the top of the hill, you will be welcomed by a wall of bells and panoramas of historic Bangkok.

Read more at: http://www.bangkok.com/attraction-te...cid=ch:OTH:001
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Old January 27th, 2019, 07:25 AM   #4096
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Just noticed that our Wisarut has been missing from this thread for quite some time now - hope he is OK loor !!!

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Old February 6th, 2019, 08:38 AM   #4097
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CIMB Thai's FY18 net profit at 6.9m baht
By Bernama - January 15, 2019 @ 4:37pm
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KUALA LUMPUR: CIMB Thai Bank PCL’s (CIMB Thai) consolidated net profit for the financial year results ended Dec 31, 2018 (FY2018) decreased 98.2 per cent or 378 million baht year-on-year (y-o-y) to 6.9 million baht (100 baht=RM12.84)

In a filing with Bursa Malaysia today, CIMB Group Holding Bhd said CIMB Thai’s profit before tax also fell by 44.5 per cent y-o-y to 271.2 million baht.

CIMB Thai president and chief executive officer Kittiphun Anutarasoti attributed the performance to a 9.6 per cent increase in operating expenses and lower net fee and service income and other income.

“On a y-o-y basis, CIMB Thai group’s consolidated operating income increased by 381.7 million baht or 2.9 per cent to 13.54 billion baht from higher net interest income of 544.3 million baht or 5.3 per cent y-o-y, mainly from loan expansion and higher interest income on investments,” said Kittiphun.

Net fee and service income decreased by 136.5 million baht or 7.0 per cent, due to higher fees and service expenses.

The bank’s other operating income decreased 26 million baht or 2.6 per cent due to lower gains on trading and foreign exchange transactions, partially offset by lower losses on financial instruments designated at fair value through profit or loss and an increase in gains on sale of non-performing loans (NPLs).

“For the year ended Dec 31, 2018, operating expenses increased by 733.0 million baht or 9.6 per cent y-o-y, mainly from higher personnel cost in line with the bank’s ‘Fast Forward’ expansion strategy and losses on sale of properties.

“This resulted in a higher cost to income ratio of 61.7 per cent in 2018 compared with 57.9 per cent in 2017,” said Kittiphun.

He added that gross NPL stood at 9.9 billion baht, with a lower gross NPL ratio of 4.3 per cent y-o-y from 4.8 per cent due to more efficient risk management policies, improved asset quality management and loan collection processes, as well as the sale of some NPLs in 2018.

CIMB Thai group’s loan loss coverage ratio increased to 107.0 per cent in FY2018 from 93.2 per cent in FY2017.

The bank’s total provisions stood at 10.5 billion baht as at Dec 31, 2018, showing an excess of 5.0 billion baht over Bank of Thailand’s reserve requirements.

– BERNAMA
https://www.nst.com.my/business/2019...rofit-69m-baht
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Old February 6th, 2019, 09:27 AM   #4098
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Thai operation to continue to drive F&N's profitability
By NST Business - February 4, 2019 @ 4:30pm
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KUALA LUMPUR: Thailand operations should continue to helm Fraser & Neave Holdings Bhd’s (F&N) profitability, backed by better demand and dairy commodity prices, Kenanga Research said.

The firm believes attention should still be given to F&B Thailand (Food and Beverages Thailand) which will still lead group profits in the medium-term, making up 66 per cent of year-to-date operating profits.

“Primarily involved in dairy products (i.e. condensed milk), the segment will be hinged against dairy commodity prices, which should continue to demonstrate expanded margins from better prices than the prior year,” Kenanga Research said in a note today.

According to Global Dairy Trade, anhydrous milk fat (AMF) prices had recorded a 25 per cent decline in December 2018 from December 2017.

F&N recently announced RM30 million in capital expenditure plans to expand production lines in anticipation of new product ahead, leaning towards healthier offerings.

Kenanga Research said this appeared to be in preparation of the coming sugar tax, which could result in a three to five per cent increment in selling prices of products, which fall above the classified threshold.

“While we do not believe the resulting tax will not be overly detrimental to demand, new product ranges could work favourably as a means to improve market share,” it said.

Meanwhile, Kenanga Research said F&N’s first quarter core net profit of RM124.5 million was in line with its estimate, due to a seasonally stronger first half 2019 that was driven by Chinese New Year festivities.

“Additionally, there could potentially be further forward-buying from distributors, pre-sugar tax implementation in April 2019. No dividend was declared, as expected,” it said.

Year-on-year, F&N’s three month 2019 sales of RM1.01 billion was flattish as slightly weaker F&B Malaysia segment, probably dented by lower export contribution, was mitigated by improvements in F&B Thailand’s revenue.

Kenanga Research maintained its “market perform” stance on F&N with a higher target price of RM33.85 from RM33.30.

“Our call is premised on the rich valuations ascribed to large-cap F&B stocks in lieu of their sustainable and less volatile operating environment as opposed to other industries.

“However, dividend could be less exciting with low anticipated yields of circa two per cent. Nonetheless, the group’s strong operating cash position could fund further operational enhancements if needed,” it said.
https://www.nst.com.my/business/2019...-profitability
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Old February 6th, 2019, 09:27 AM   #4099
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CIMB Thai appoints Omar Siddiq as acting president, CEO
By Bernama - February 4, 2019 @ 7:53pm


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KUALA LUMPUR: CIMB Group Holdings Bhd has appointed Omar Siddiq Amir Noer Rashid as the acting president and chief executive officer of its subsidiary, CIMB Thai Bank PCL, effective Jan 30, 2019.

His appointment was made following the voluntary personal leave of the previous president and chief executive officer Kittiphun Anutarasoti.
https://www.nst.com.my/business/2019...-president-ceo
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Old February 25th, 2019, 10:12 AM   #4100
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Thai AirAsia owner in talks to buy stake in rival Nok Air
By Reuters - February 25, 2019 @ 12:08pm
Quote:
BANGKOK: Thailand’s Asia Aviation Pcl , the owner of low-cost carrier Thai AirAsia, on Monday said it was considering to buy a stake in rival Nok Airlines Pcl , sending its share prices soaring.

“The company is currently considering whether such investment is appropriate,” Chief Financial Officer, Santhat Sanguandikul, said in a statement, referring to acquiring shares from the billionaire Jurangkool family, sending Nok Air’s share prices up 13 percent.

The company has a market capitalisation of 9.3 billion baht (US$297.03 million) and the stock is currently trading at 3.06 baht, its highest since March 2018.

The Jurangkool family, which owns unlisted auto-parts company, Thai Summit and Thai Steel Cable Pcl, currently owns 53 percent in Nok Air.

The announcement comes as national carrier, Thai Airways Pcl waived its rights to subscribe new shares in Nok Air and dropped holdings to 15.9 percent from 21.8 percent.

Asia Aviation owns 55 percent in Thai AirAsia, with the remaining stake held by Malaysia’s AirAsia Group Bhd’s . -- Reuters
https://www.nst.com.my/business/2019...-rival-nok-air
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