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Gulf Energy offers US$5.4 billion for top telco in second-largest Thai deal


20 Apr 2021 / 00:47 H.
Customers waiting for service at an AIS shop in Bangkok. – REUTERSPIX
BANGKOK: Gulf Energy Development, Thailand s biggest power producer run by billionaire Sarath Ratanavadi, offered a US$5.4 billion (RM22.27 billion) bid on Monday for Intouch Holdings, which controls the country s top mobile phone operator, Advanced Info Service (AIS).
The 65 baht (RM8.58) per share offer for the 81.1% shares of Intouch that Gulf doesn t already own, represents an 11% premium to Intouch s close on Friday. Intouch stock rose as much as 9% on Monday to 63.75 baht and closed at 63 baht.
The acquisition, if successful, will be Thailand s second-biggest ever intra-country deal after Tesco s US$10.6 billion sale of its local operations last year, Dealogic data showed. ....

Krung Thep Mahanakhon , Smith Banomyong , Thaicom Pcl , Sarath Ratanavadi , Pisut Ngamvijitvong , Ekkarin Wongsiri , Singapore Telecommunications , Gulf Energy Development , Info Service , Intouch Holdings , Advanced Info Service , Trinity Securities , Kasikorn Securities , சிங்கப்பூர் தொலைத்தொடர்பு , வளைகுடா ஆற்றல் வளர்ச்சி , தகவல் சேவை , தொடர்பில் ஹோல்டிங்ஸ் , திரித்துவம் பத்திரங்கள் , காசிகார்ன் பத்திரங்கள் ,

Orient Cable Sends First Offshore Wind Shipment to Vietnam


March 15, 2021,
by
Nadja Skopljak
Chinese power cable specialist Orient Cable is about to send off the submarine cables for phase one of the Binh Dai offshore wind project in Vietnam.
The company loaded the cables onto the installation barge at Ningbo Orient Cable’s port, which is ready to sail towards the Binh Dai Province in Vietnam. The installation team is already in Vietnam.
Orient Cable secured the EPCI contract for the wind farm in September 2020, under which it is in charge of providing and installing 185 kilometres of 35 kV subsea cable system.
This is Orient Cable’s first contract of its kind in Vietnam. ....

Republic Of , Binh Dai , Bn Tre , Siemens Gamesa , Mekong Wind Power Joint Stock Company , Thailand Gulf Energy Development Public , Powerchina International Group , Powerchina Huadong Engineering Corporation , Orient Cable , Ningbo Orient Cable , Binh Dai Province , Powerchina International Group Limited , Gulf Energy Development , குடியரசு ஆஃப் , பின் தாய் , பின் ட்ரி , ஸீமெந்ஸ் கேம்ஸா , மீகாங் காற்று பவர் கூட்டு ஸ்டாக் நிறுவனம் , தாய்லாந்து வளைகுடா ஆற்றல் வளர்ச்சி பொது , ஆரியெஂட் கேபிள் , பின் தாய் மாகாணம் , வளைகுடா ஆற்றல் வளர்ச்சி ,

Prawit in PPRP driver's seat


Prawit in PPRP driver s seat
11
Likely picks for two cabinet posts show deputy PM flexing muscles
published :
13 Mar 2021 at 07:00
11
Opposition’s options: Key opposition figures, including Move Forward Party leader Pita Limjaroenrak, fourth from left, and Pheu Thai leader Sompong Amornvivat, third from left, meet yesterday at Pheu Thai’s head office to discuss their next move after the Constitutional Court ruled that a public referendum must be held before parliament draws up a new charter. (Photo by Apichart Jinakul)
The upcoming cabinet reshuffle involving the ruling Palang Pracharath Party (PPRP) is said to have been finalised with PPRP MP for Sa Kaeo Trinuch Thienthong and list MP Chaiwut Thanakhamanusorn strongly tipped to fill two vacant seats at the Education Ministry and the Digital Economy and Society (DES) Ministry. ....

Krung Thep Mahanakhon , Sa Kaeo , Sing Buri , Gen Chavalit Yongchaiyudh , Kaeo Trinuch Thienthong , Wirach Ratanasate , Thaksin Shinawatra , Sinit Lertkrai , Banharn Silpa Archa , Kankanit Haewsanti , Itthiphol Kunplome , Piyasakol Sakolsatayadorn , Gen Prawit Wongsuwon , Buddhipongse Punnakanta , Sanoh Thienthong , Sorawong Thienthong , Chaiwut Thanakhamanusorn , Bhumjaithai Weerasak Wangsuphakijkosol , Nataphol Teepsuwan , Jessada Chokdamrongsuk , Gen Prawit , Palang Pracharath Party , Democrat Party , Centre For Covid , Constitutional Court , Gulf Energy Development ,

Thai investment in Vietnam on the rise


A power plant owned by Gulf Energy Development PLC in Thailand. Photo gulf.co.th
HANOI (Vietnam News/ANN): Data from the Ministry of Planning and Investment showed that Thailand had 40 new registered projects, 23 projects registering for capital adjustment and 100 capital contribution and share purchases in Vietnam with total registered capital of nearly US$1.8 billion last year.
This number was more than double compared to 2019 and nearly seven times compared to the 2015-20 period.
Thailand currently is one of the nine largest investors in Vietnam with a total accumulated investment capital of $12.8 billion by the end of last year, equivalent to 603 projects. ....

Republic Of , Prayut Chano Cha , Pannakarn Jiamsuchon , Vietnam News Asia Network , Nech Opportunities Fund , Ministry Of Planning , Gulf Energy Development , Thai Trade Counsellor , Global Mind Investment Management , Prime Minister Prayut Chano Cha , Asia News , குடியரசு ஆஃப் , வியட்நாம் செய்தி ஆசியா வலைப்பின்னல் , அமைச்சகம் ஆஃப் திட்டமிடல் , வளைகுடா ஆற்றல் வளர்ச்சி , தாய் வர்த்தகம் ஆலோசகர் , உலகளாவிய மனம் முதலீடு மேலாண்மை , ஆசியா செய்தி ,