Headline: SABUY announces 5 investments in biggest moves for business expansion SABUY Technology (SET: SABUY) announced five investments totaling THB197.3 million and an increase in the capital of its subsidiary SABUY Accelerator (SABUYAC) from THB10 million to THB100 million. Analysts forecast these investments will strengthen SABUY’s earnings to grow at least 200% in 2022, recommending “BUY” with a target price of THB35.00.
Headline: KTC expects P Berm port to exceed THB10 billion by the end of this year Krungthai Card (SET: KTC) expects THB11.5 billion in receivables at the port of KTC P Berm by the end of 2022. Analysts forecast KTC’s net profit this year to be THB6.7 billion, up 14.2% year on year, owing to an increase in credit card demand following the country’s reopening, while earnings in 2021 are predicted to be THB5.9 billion.
Headline: ASW forms a partnership with Japanese leading property developer to develop a THB2,000 million condominium project
Assetwise (SET: ASW) has entered into a partnership with Takara Leben, a leading property developer in Japan, to develop Atmoz Bangna, a THB2.2 billion residential project. Additionally, ASW will undertake management of a THB570 million Maxxi Prime Ratchada-Sutthisan project following the successful acquisition of Maxxi Premier One.
Headline: RS launches “Popcoin”, with goals to reach one million users within next month
RS Group (SET: RS) launched “Popcoin” under the concept “Popcoin: Join to Earn”, presenting new sources of income, and marketing solutions through “Popcoin Platform.” RS expects to reach one million Popsters by this upcoming February.
Headline: TQM will begin trading with a new par value tomorrow, affirming that COVID-19 outbreak will have no effect on its business
TQM Corporation (SET: TQM) will begin trading with a new par value tomorrow (January 13). The company is confident that its operating result will set a new record in 2021, with earnings growing at a double-digit rate. Moreover, TQM confirms that the COVID-19 outbreak will have no effect on the brokerage business and reveals that the company will invest further in 2022 to develop its insurance portfolio.
