The Latest Breaking News from SET

A logistics company is going to be formed following a share-swap deal between SET-listed JWD InfoLogistics (JWD) and a logistics unit of Siam Cement Group (SCG), with the goal of becoming the largest service provider in Southeast Asia once the transaction valued at more than 18.6 billion baht is completed.

SET-listed Gulf Energy Development and Gunkul Engineering Plc will appeal a Nakhon Ratchasima Administrative Court ruling revoking their land rights to operate a wind farm in the northeastern province.

SET-listed tech and ICT solution provider Samart Corporation is hoping for a business turnaround this year as it aims to increase revenue by 75% to 16 billion baht, following positive sentiment and a group restructuring.

The Stock Exchange of Thailand moved mostly sideways last month. The index started out the month on a positive footing, gaining almost 30 points to peak at 1,695.99. However, after poor results from banks and big conglomerates such as SCC, the SET retreated to close at a January low of…

Shares of More Return Plc (MORE) fell after the Anti-Money Laundering Office (Amlo) decided to confiscate 4.5 billion baht worth of assets from people involved in the company’s alleged fraudulent transactions in November last year.

The Anti-Money Laundering Office (Amlo) is preparing to seize assets worth nearly 4.5 billion baht from More Return Plc (MORE) in a follow-up to regulatory and criminal investigations into irregular trading in its shares last year.

SET-listed developer AP Thailand plans to launch 58 new projects this year worth a combined 77 billion baht, the highest in the industry, with a target of 58 billion baht in presales and 57.5 billion in revenue.

Advanced Info Service Plc, the country’s biggest telecommunications group, is considering options for its tower business including a stake sale, according to people familiar with the matter.

Foreign funds continued to flow into Asian stock markets in January, backed by the economic recovery and China's reopening, according to a Stock Exchange of Thailand (SET) briefing on Tuesday.