Briefs
Bangchak Petroleum believes Dubai crude oil price in the second half will exceed US$100 (Bt3,100) per barrel from the earlier forecast of $95-$100 due to tensions in the Middle East and a decline in the crude oil output of Oil and Petroleum Exporting Coun
Bangchak sees crude oil price hitting $100
The crude oil price trend in the second half is expected to be higher than the first half because of many factors, including the upcoming hurricane in the US.
He said that local retail oil prices are expected to be adjusted by at least Bt1 per litre in line with the price increase.
TV Direct sets IPO price
TV Direct has set an initial public offering (IPO) price of Bt2.10 per share for a total of 52 million shares, which incorporates a 20.05-per-cent discount to attract investors. The stock will debut on the Market for Alternative Investment (MAI) on August 23.
Of the total shares, 5.92 million will be offered to directors and/or employees of the company and its subsidiaries at the IPO price of Bt1.68, a 20-per-cent discount from the IPO price.
The IPO shares are open for subscription on August 14-16 through Finansia Syrus Securities, the financial adviser and lead underwriter, along with three underwriters, KGI Securities (Thailand), CIMB Securities (Thailand) and Phillip Securities (Thailand).
Kbank’s home loans innovation
Kasikornbank has opened a new K Home Smiles Club at Megabangna mall and offers state-of-the-art home loan innovation with integrated services and advanced technologies, said Chatchai Payuhanaveechai, an executive vice president.
The K Home Smiles Club at Megabangna is the third outlet after the Silom Main branch, which opened seven years ago, and Crystal Design Centre last year.
