Note: Weekly movement as at 24 Apr 2015
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Asia Aviation: Thai AirAsia To Stay Course, Confident In Reaching Growth Targets To Continue Adding Routes In Back Half Of Year.
Asia Aviation Plc. or AAV, listed company and a major shareholder of Thai AirAsia, held 'AAV Open House' at the Stock Exchange of Thailand today (21 April) to assure its investors it would be continuing its operation plans and to affirm that developments from the International Civil Aviation Organization (ICAO) would not impact the ability of Thai AirAsia to operate all of its flights as scheduled. The company reiterated it would achieve its 2015 targets of acquiring 5 new aircraft (bringing its fleet total to 45 by year's end), serving 14.5 million people and adding 3-4 new routes during the latter half of the year.
Mr. Tassapon Bijleveld, CEO of Thai AirAsia and AAV Plc., pointed out that the ICAO's discovery of a Significant Safety Concern (SSC) during its audit of the Department of Civil Aviation, Thailand has not in any way affected AAV and Thai AirAsia, which have both been able to operate as usual. He assured the situation would not impact the company's 2015 targets that include maintaining a Load Factor of 83% and increasing its passenger total to 14.5 million people... FULL DETAIL
MINT: Joins Forces With S&P To Expand Patara And Suda Restaurant Concepts In UK.
Minor International ("MINT"), together with S&P Syndicate ("S&P") have reached a preliminary agreement to form a 50 / 50 joint venture in the United Kingdom that will have the franchise rights to develop the Patara and Suda restaurant brands in the UK. The name of the joint venture company will be Patara Fine Thai Cuisine ("PFTC") and it will initially be capitalized with GBP 3 million, with proceeds used to open at least two outlets in London by the end of 2015.
The outlets developed and owned by PFTC will operate in parallel with four existing Patara and one existing Suda outlets that are currently owned and operated by S&P Restaurants Limited ("SPRL"), a wholly owned subsidiary of S&P. MINT and S&P have also reached a preliminary agreement that upon the completion of certain conditions precedent, PFTC will invest GBP 7 million to acquire all assets and properties that support the operation of these five outlets from SPRL... FULL DETAIL
QTC Energy: Plugged Into Growing Regional Power Demand.
QTC Energy Plc, which listed on the Market for Alternative Investment in July 2011, manufactures and distributes electrical transformer equipment and provides related services. Poonphiphat Tantanasin, chief executive and managing director, discusses the company's strategy and outlook.
What is QTC's business model?
QTC makes and distributes custommade transformers for both the domestic and export markets. We provide three types - distribution transformers that range from 30 to 5,000 kilovolt-amperes, small power transformers from 5-30 megavolt-amperes and special transformers for indoor and restricted areas. Today, we are able to manufacture 3,000 to 4,000 units a year. We also provide installation, maintenance, testing and consultancy.
Our domestic customers are in both the public and the private sectors. Because Thailand's power industry, specifically alternative energy, has grown significantly, we have been obtaining more clients in the private sector. Our largest export market is Australia, followed by Southeast Asia, Europe and the rest of the world. We are quite proud that recently we have begun original-equipment manufacturing for a well-known Japanese brand, which signifies the quality of our processes and products.
QTC's business has grown strongly over the past 10 years. What are the main reasons for this?
It is a combination of growing our own research and development to improve the quality of our products and working closely with our partners. Our company philosophy is DETAILS: Dyanmics, Environment, Teamwork, Achievement, Innovation, Leadership and Service. It is our philosophy to ensure we are able to grow continuously with our own key performance indicators and improving our team.
We intend to be a world-class company for transformers and have worked hard at receiving international certifications. Today we have the TSI 384-2543 from the Thai Industrial Standards Institute and ISO 90001:2000 for design, production and maintenance of distribution transformers. The company has been certified for testing laboratory capacity in compliance with the TSI 17025-2548 (ISO/IEC 17025:2005) standards...FULL DETAIL
RML - AGM
Ballroom, G. Fl., Conrad Bangkok Hotel on Wireless Road
DSGT - AGM
Crowne Ball Room, 21st floor, Crowne Plaza Bangkok Lumpini Park
GL - AGM
Ballroom 1 Room, 3rd fl., The Emerald Hotel-Bangkok, No. 99/1, Rachadapisek Rd.,Din Daeng
PACE - AGM
Great Room, 3rd Floor, W Hotel Bangkok
SVI - AGM
Convention Hall, Chulabhorn Research Institute
PS - AGM
Banyan Ballroom Hall, 10th floor, Banyan Tree Hotel, 21/100 South Sathon Road
PHOL - AGM
Company's meeting room 3rd Floor No.1/11 Moo.3 Lamlukka Road, Ladsawai, Lamlukka
DTC - AGM
Dusit Thani Hall, The Dusit Thani Hotel, 946 Rama 4 Road, Silom, Bangrak
BH - AGM
Conference Center, 21st floor, Bumrungrad International Clinic Building, 33 Sukhumvit 3
SCC - AM
Hall 4 room, Floor 10, SCG 100 years Building
CI - AGM
21th Floor, Charn Issara Tower 2,New Petchburi Rd.
CYBER - AGM
Ballroom, 3rd floor, Grand Fourwings Convention Hotel Bangkok (333 Srinakarin Road, Bangkapi, Huamark
AP - AGM
Meeting room 1 - 2, Queen Sirikit National Convention Center, New Ratchadapisek Road