published : 17 Mar 2021 at 13:38
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Frasers Property Industrial (Thailand) clinches deal for Built-to-Suit Regional Distribution Center with Thai Beverage Logistics
Frasers Property Industrial (Thailand) has entered into a strategic partnership with Thai Beverage Logistics, creating a path to robust and efficient logistics routes nationwide.
Frasers Property Industrial (Thailand) Company Limited (FPIT), Thailand’s leading industrial property developer and wholly owned subsidiary of Frasers Property (Thailand) Public Company Limited (FPT), has signed a 10-year lease agreement to develop a new Built-to-Suit Regional Distribution Centre (RDC) for Thai Beverage Logistics Company Limited (TBL), a logistics arm of Thai Beverage Public Company Limited (ThaiBev). ThaiBev is the market leader in ASEAN’s beverage sector which has opted into a long-term strategic arrangement with FPIT, the industrial business seamless solutions provider.
A first in the market
Following the Cabinet’s approval on 14 January 2020, a new state enterprise, National Telecom Public Company Limited or “NT”, was formed on 7 January 2021 by a merger of CAT Telecom Public Company Limited (“CAT”) and TOT Public Company Limited (“TOT”). NT has assets worth over THB300 billion in value including over 25,000 telecommunication towers nationwide, spectrum usages, underwater cables, radio frequency, underground conduits, fiber optic cables, 13 data centres across the nation and international telecommunications infrastructure, with more than 17,000 employees.
The merger was implemented through an amalgamation under Section 146 of the Public Companies Act of Thailand as a result of which NT has succeeded and assumed all rights, obligations and liabilities of both CAT and TOT by the operation of law. NT remains to be 100% owned by the Finance Ministry, under the control of the Digital Economy and Society Ministry. While NT’s management
16 Mar 21
Following the Cabinet’s approval on 14 January 2020, a new state enterprise, National Telecom Public Company Limited or “NT”, was formed on 7 January 2021 by a merger of CAT Telecom Public Company Limited (“CAT”) and TOT Public Company Limited (“TOT”). NT has assets worth over THB300 billion in value including over 25,000 telecommunication towers nationwide, spectrum usages, underwater cables, radio frequency, underground conduits, fiber optic cables, 13 data centres across the nation and international telecommunications infrastructure, with more than 17,000 employees.
The Company to pay dividends on May 20, 2021
Mr. Thanawat Trivisvavet, the Managing Director of CK Power Public Company Limited (CKPower), or CKP in SET, announced that the Board of Directors has approved the acquisition of shares in Xayaburi Power Company Limited ( XPCL ), the operator of the Xayaburi Hydroelectric Power Plant ( Xayaburi HPP ) in the Lao PDR. The Company intends to acquire 134,305,000 shares in XPCL, representing 5% of XPCL s registered capital solely from PT Sole Company Limited ( PTS ). The total amount of acquisition is approximately 1,826.55 million Baht. A request for approval will be made at the 2021 Annual Ordinary General Meeting of Shareholders of the Company, which is scheduled for April 22, 2021. Should the Ordinary General Meeting of Shareholders resolve to grant approval to the Company to execute such transaction, the Company expects to complete the acquisition of the shares of XPCL and the execution of the Share Purchase Agreement with PTS by the th
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