Bloomberg News

Thailand Stock Movers: Electricity Generating, Rojana, Tong Hua

July 03, 2012

Shares of the following companies had unusual moves in Thailand trading. Stock symbols are in parentheses and prices are as of the 12:30 p.m. break in Bangkok.

The SET Index (SET) rose for a sixth day, climbing 0.4 percent to 1,193.15, headed for the highest close since May 9.

Electricity Generating Pcl (EGCO) , a power producer, gained 1.3 percent to 115 baht. The company completed the acquisition of an 8-megawatt solar-power plant from SunEdison LLC on June 28, it said in a regulatory filing.

Rojana Industrial Park Pcl (ROJNA TB) climbed 4.1 percent to 8.95 baht, poised for the highest close since Aug. 30. Rojana plans to spend 4 billion baht ($126.7 million) to develop an industrial park in Prachin Buri province, the English-language Bangkok Post newspaper reported, citing Managing Director Jirapongs Vinichbutr. Jirapongs wasn’t available for comment after a call to his office.

Tong Hua Communications Pcl (TONHUA) , a newspaper publisher, jumped 12 percent to 8.50 baht, poised for the highest close since August 2004. The company will sell 240 million shares to existing shareholders at 1 baht each, it said in regulatory filing yesterday. It also will offer another 500 million shares to a group of investors, it said.

To contact the reporter on this story: Anuchit Nguyen in Bangkok at anguyen@bloomberg.net

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net


Coke's Big Fat Problem
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus