Friday September 21, 2018 05:39

Stcoks Press Release : 15 Jun 2015

Thai bourse kicks off 2015 outbound roadshow in London this month Stcoks—15 Jun 15

The Stock Exchange of Thailand (SET), has joined hands with Credit Suisse Securities (Thailand) Limited to organize “SET-Credit Suisse London Roadshow 2015”, during June 16-17 in London, the United Kingdom (UK). This year’s first

TRIS Rating Assigns Company Rating of TUC at BBB+ with Stable Outlook Stcoks—15 Jun 15

Bangkok--15 Jun--TRIS Rating

TRIS Rating has assigned the company rating of True Move H Universal Communication Co., Ltd. (TUC) at “BBB+” with “stable” outlook. The rating reflects TUC's competitive position as the third-largest wireless telecom service provider in Thailand and its improved balance sheet after True Corporation PLC's (TRUE) recent recapitalization. Under the TRUE Group, TUC is considered a core business unit, responsible for wireless communications operation. The rating takes into consideration the support from the TRUE Group, such as managerial talent, a well-established brand, and financial support. However, these strengths are partially offset by TUC's weak profitability, aggressive competition, and the large investment required rolling out a nationwide network.

The “stable” outlook is based on the expectation that TUC will maintain its market position and deliver improved operating performance despite aggressive competition. TUC's status as a core business within the TRUE Group is expected to remain unchanged.

TUC's potential for a rating upgrade is unlikely in the near term, but could emerge if TUC’s financial profile and operating performance are stronger than expectation. Any change to TRUE's credit rating will impact TUC's rating, accordingly. The rating downside may

Euronet Continues Global ATM Expansion Stcoks—15 Jun 15

Euronet Worldwide, Inc. (Nasdaq:EEFT), today announced the addition of three new countries to its portfolio of Independent ATM Deployment (IAD) networks. The new ATMs in Malaysia, Cyprus and Portugal expand Euronet’s position as the world’s

UBS Switzerland AG Assigned #A/A-1# Outlook Stable Stcoks—15 Jun 15

LONDON (Standard & Poor's) June 15, 2015--Standard & Poor's Ratings Services today assigned its 'A/A-1' long- and short-term issuer credit ratings to Switzerland-based bank subsidiary UBS Switzerland AG. The outlook is stable. UBS Switzerland AG

QBE (Singapore) Pte. Ltd. Assigned Preliminary #A# Outlook Stable Stcoks—15 Jun 15

SINGAPORE (Standard & Poor's) June 15, 2015--Standard & Poor's RatingsServices today assigned its 'A' preliminary long-term counterparty creditrating to QBE (Singapore) Pte. Ltd. (QIS). The outlook is stable. The final rating will depend on our

MagnaChip Semiconductor Downgraded To #CCC+# On Weakening Cash Outlook Stcoks—15 Jun 15

HONG KONG (Standard & Poor's) June 15, 2015--Standard & Poor's RatingsServices today said that it has lowered to 'CCC+' from 'B-' its long-termcorporate credit and debt ratings on Korea-based analog and mixed-signalsemiconductor designer and

Kentucky Turnpike Authority Economic Development Road Fund Bond Rating Lowered To #AA# With Stcoks—15 Jun 15

NEW YORK (Standard & Poor's) June 14, 2015--Standard & Poor's Ratings Serviceshas lowered its rating to 'AA' from 'AA+' on Kentucky Turnpike Authority'seconomic development road fund bonds outstanding and revised its outlook tonegative. "The

Photo Release: KBank receives 2 accolades for best financial transaction bank in Stcoks—15 Jun 15

Recently at Four Seasons Hotel, Hong Kong, Ms. Pannee Lertchanyakul (right) and Mr. Dithichai Limpodom (left), KASIKORNBANK First Senior Vice Presidents, represented KBank to accept awards of The Triple A Cash Management Bank in Thailand, given for the

DirectAsia.coms business expanded Stcoks—15 Jun 15

DirectAsia.com (Thailand)updates that it is on track to exceed the goals of its launch campaign even in a flat year to date for Thai motor insurance growth. Many car owners have embraced DirectAsia.com’s online and direct service model, following

AEON Royal Orchid Plus Platinum Card Offers Up to 30,000 Special Bonus Stcoks—15 Jun 15

AEON Thana Sinsap (Thailand) Public Company Limited is offering a special privilege exclusively for AEON Royal Orchid Plus Platinum cardholders to “Earn up to 30,000 Bonus Miles”. When cardholders spend over THB 300,000 using their AEON Royal

Bangkok Bank expands its international branch network with the grand opening of its Cambodia Stcoks—15 Jun 15

Bangkok Bank has celebrated the grand opening of its Cambodia branch in Phnom Penh, set to provide a complete range of financial services for Thai and international customers investing and doing business in Cambodia. It will also target local clients and

Photo Release: KBank pampers AP customers with mid-year campaign Stcoks—15 Jun 15

KASIKORNBANK and AP offer a mid-year promotional campaign: “AP SPACE CONNECT”, to AP customers at six condominiums, namely RHYTHM Rangnam, Life Asoke, Aspire Ladprao 113, Aspire Wutthakat, Aspire Sathon-Ratchaphruek and Aspire Erawan. Offers

TRIS Rating Places a Developing CreditAlert on Company Senior Unsecured Debt Ratings of Stcoks—15 Jun 15

TRIS Rating has placed the company and senior unsecured debenture ratings of Singer Thailand PLC (SINGER) on CreditAlert with a “developing” implication. The rating action follows the announcement by SINGER on 8 June 2015 that its major

TRIS Rating Assigns AA-/Stable Rating to Senior Unsecured Debt Worth Up to Bt2,000 Million of Stcoks—15 Jun 15

TRIS Rating has assigned the rating of “AA-” to the proposed issue of up to Bt2,000 million in senior unsecured debentures of Bangkok Dusit Medical Services PLC (BDMS). At the same time, TRIS Rating has affirmed the company and current senior