Nov 28, 2013

LH Bank purchases CIMB Thai broker unit

LH Bank has bought 99.79% of CIMB Securities International (Thai). I'm surprised CIMB threw in the towel so early. I'm unsure how this will affect my holdings or whether I need to find another way to buy/sell in the Thai market from now on.

Source here

Thai Bev: 4 new flavours for the festive season

4 new beer flavours for X'mas; Chang Lemon Shandy, Chang Berry Shandy, Chang Honey Malt and Chang Unfiltered.

Nothing new recently besides earnings and share price slump. And yet more expenditure (70 mil baht to host Chang Export Beer Park 2013), and 1 billion baht on Fifa 2014 (old news).

Share price closed at S$0.485 on 27 Nov. It is reaching an attractive price for me to re-enter.