Fitch Affirms Nava Nakorn Electricity at ‘A-(tha)’; Outlook Stable

Fitch Ratings (Thailand) Limited has affirmed Nava Nakorn Electricity Generating Company Limited’s (NNEG) National Long-Term Rating and its senior unsecured rating at ‘A-(tha)’. The Outlook is Stable. The affirmation reflects our expectation NNEG’s FFO net leverage will fall below 4.3x over the medium term after rising in 2022 beyond Fitch’s negative rating sensitivities. We expect […]

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24 พ.ค. 65

SwipeRx secures US$27 Million in Series B Funding to accelerate growth across Southeast Asia

SwipeRx (formerly mClinica Pharmacy Solutions), Southeast Asia’s (SEA) leading platform for pharmacies, announced it has secured a Series B round of US$27 million in equity and debt to accelerate growth across SEA. The round was led by Indonesia’s MDI Ventures, with participation from global investors, Bill & Melinda Gates Foundation, Johnson & Johnson Impact Ventures, […]

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24 พ.ค. 65

Fitch Assigns ‘A+(tha)’ Rating to SCG Packaging’s Proposed THB40 Billion MTN Programme

Fitch Ratings has assigned a senior unsecured rating of ‘A+(tha)’ to SCG Packaging Public Company Limited’s (SCGP; A+(tha)/Stable) proposed THB40 billion medium-term note programme (MTN). The programme, which allows for the issuance of senior unsecured baht notes, is rated at the same level as SCGP’s senior unsecured debt as they will constitute the direct, unconditional, […]

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23 พ.ค. 65

FII Institute unveils new Inclusive ESG™ Framework and Scoring Methodology & announces strategic investment in leading green tech firm

The Future Investment Initiative (FII) Institute hosted a London summit about ESG in Emerging Markets, involving world leaders, global CEOs, international investors, thought leaders and heads of sustainability, where:   It unveiled a new Inclusive ESG™ Framework and Scoring Methodology to inform and accelerate ESG investments in emerging economies;   It launched an ESG White Paper […]

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23 พ.ค. 65

Bitget KCGI 2022 Officially Begins alongside Extended Registration Deadline

More than 3,000 registered users and upgraded 200 BTC Prize Pool Leading global derivatives exchange, Bitget, today announced its bi-annual trading competition – King’s Cup Global Invitational (KCGI), has officially begun. Due to overwhelming response since its launch, the deadline for registration has been extended. While the actual competition will still commence on May 20, […]

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23 พ.ค. 65

Fitch Affirms National Ratings on Three Foreign-Owned Securities Companies in Thailand

Fitch Ratings (Thailand) has affirmed the National Long-Term Ratings on three Thai securities subsidiaries of foreign financial institutions as follows: CGS-CIMB Securities (Thailand) Co., Ltd. (CGS-CIMB TH) at ‘A(tha)’ Maybank Securities (Thailand) Public Company Limited (MST) at ‘AA(tha)’ Yuanta Securities (Thailand) Company Limited (YSTH) at ‘AA(tha)’ The Outlooks are Stable. A full list of rating…

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20 พ.ค. 65

Fitch Affirms Thai ORIX Leasing’s THB Guaranteed Bonds at ‘AAA(tha)’

Fitch Ratings (Thailand) has affirmed the National Long-Term Rating on Thai ORIX Leasing Company Limited’s (TOLC) Thai baht-denominated guaranteed bonds at ‘AAA(tha)’ with a Stable Outlook. KEY RATING DRIVERSThe National Long-Term Rating on TOLC’s guaranteed bonds are based entirely on irrevocable and unconditional guarantees provided by its parent company, Japan-based ORIX Corporation (ORIX: A-/Stable). ORIX’s…

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20 พ.ค. 65

Fitch Affirms EASY BUY at ‘AA(tha)’; Outlook Stable

Fitch Ratings has affirmed EASY BUY Public Company Limited’s (EB) National Long-Term Rating at ‘AA(tha)’ and National Short-Term Rating at ‘F1+(tha)’. The Outlook is Stable. KEY RATING DRIVERSEB’s ratings are underpinned by Fitch’s expectation of shareholder support from the company’s Japan-based parent, ACOM CO., LTD. (BBB+/Stable). ACOM’s ratings are in turn driven by expectations of…

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20 พ.ค. 65
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