Company reports
TISCO FINANCIAL GROUP reported third-quarter consolidated net profit of Bt898.93 million, up from Bt730.63 million in the same period of last year.
PTT director Naris Chaiyasoot and Nontigorn Kanchanachitra, independent director and chairman of the remuneration committee, have resigned because of assignment conflicts, according to a filing to the Stock Exchange of Thailand. The resignations took effect on Monday.
Dheerasak Suwannayos has resigned from his position as MCOT’s director, effective from Monday, citing his responsibility as president of the Islamic Bank of Thailand to improve the bank’s efficiency and effectiveness in line with the government policy.
P PLUS P has acquired Eastern Printing (Epco) from Plus’s subsidiaries Mantra Assets and Aqua Corporation for a total of Bt137.83 million. The purchase price was set at Bt1.94 a share.
Plus cited business restructuring for the acquisition, after which its holding in Epco rose to 44.96 per cent.
Plus paid Bt62.61 million worth of bills of exchange to Mantra Assets in exchange for 32.27 million shares of Epco and Bt75.22 million worth of bills of exchange to Aqua for 38.77 million shares.
BANPU has received approval from Australia’s Foreign Investment Review Board (FIRB) for the acquisition of all the shares and options in Hunnu Coal pursuant to the recently announced takeover bids by its subsidiary Banpu Minerals (Singapore). Banpu has also received approval from the Bank of Thailand to remit funds.
