The Latest Breaking News from SET

SET-listed Millcon Steel, a Thai steel manufacturer, expects to conclude a new deal with partners in the fourth quarter to jointly develop recycling businesses to add value to scrap.

SET-listed Asset World Corp (AWC) is pinning its hopes on a full reopening in the second quarter, focusing on a footprint expansion in Chiang Mai with three hotel projects this year.

SET-listed Globlex Holding Management (GBX), a holding company and gold trader, plans to launch services related to digital assets and new products to support all kinds of investment in 2022.

March was filled with uncertainties for investors. The Russia-Ukraine war, high energy prices, a jump in inflation and new peaks in Covid-19 cases worldwide all buffeted markets.

SET-listed S Hotels & Resorts (SHR) will invest 7.3 billion baht to triple its revenue by 2024, starting with a target of 8.5 billion baht this year, driven by hotel operations in the UK and the Maldives.

The West African country’s government has a long history of disputes with the teachers union.

State-run Electricity Generating Authority of Thailand (Egat) will inject 11.25 billion baht into its subsidiary SET-listed Ratch Group Plc, Thailand's largest private power generation firm by capacity, to increase registered capital and expand investment in Indonesia, a populous country with high energy demand.

First-quarter net profits of SET-listed companies will likely reach an all-time high of 300 billion baht with an analyst suggesting better-than-expected quarterly earnings reports will help attract investment and sustain foreign inflows to the Thai bourse in the second half.

Despite staunch opposition from some consumer advocates and academics, the planned merger of True Corporation and Total Access Communications (DTAC) is expected to pass through legal and administrative checks as the regulator indicates it has no power to block the deal, only to iron out measures to govern it.

SET-listed retail and property developer Central Pattana Plc (CPN) plans to spend 20.7 billion baht to expand its business this year.

SET-listed contractor Nawarat Patanakarn plans to launch two new residential projects worth a combined 1.86 billion baht this year after freezing new launches since 2020.