Cash-rich Thai oil explorer PTT eyes overseas assets worth up to $1b


The upstream unit of state-controlled PTT Pcl is in talks to purchase a stake in oil, natural gas or liquefied natural gas assets in Southeast Asia and the Middle East.

IFC may invest $20m in bond issue of Thai Krungsri’s Cambodian MFI unit

IFC’s proposed investment in Hattha Kaksekar Limited is seen as a way to deepen the debt market in Cambodia.

Thailand: GetLinks secures funding from SEEK, Alibaba Entrepreneurs Fund

The round was joined by Thai conglomerate SCG’s venture arm AddVentures, and strategic investors K-Ventures, Peterson Group and Axis Capital Partners.

Canada’s Vatic Ventures eyes $1.2m private placement to develop Thai potash licences

Vatic Ventures owns 80 per cent of Thai potash explorer Saksrithai Development.

Jack Ma announces $320m investment in Thailand as Alibaba beefs up presence

Alibaba aims to tap Chinese consumers’ appetite for the Southeast nation’s agricultural goods and for its tourism market amid growing competition from rivals.

Thai firm Charoen Pokphand Foods picks 40% in Brazil’s shrimp producer Camanor

CPF agreed to purchase a total of 4,666,667 newly-issued ordinary shares in Camanor.

Thailand’s King Power to buy parts of country’s tallest building in $450m deal

The seller is Thai real estate firm Pace Development Corporation that is selling 14 billion baht worth of assets, including a substantial part of Thailand’s tallest building MahaNakhon.

TPG said to eye stake in $500m Thai fertility hospital

TPG is stepping up healthcare investments in Asia that is seeing growing affluence, ageing population and increased availability of medical insurance.

Thai Ookbee, Computerlogy partner S Korea’s YDM to form blockchain JV

The JV has initiated one billion SIX tokens, each valued at 10 US cents, and is targeting to raise nearly $43 million via ICO.

Thailand to regulate cryptocurrencies, ICOs from April

Offerings of digital coins as well as trading platforms will fall under the regulatory framework.