Photo Release: KBank, LH Bank loan 3.4 billion Baht to B.Grimm Power (Laem Chabang)

Stocks and Financial Services Press Releases Wednesday August 19, 2015 13:26
Bangkok--19 Aug--KASIKORNBANK

Recently at KASIKORNBANK, Phahon Yothin Building, Mr. Predee Daochai (left), KASIKORNBANK President, Ms. Preeyanart Soontornwata (center), President of B.Grimm Power Group, and Ms. Sasitorn Phongsathorn (Chatsisrivichaikul) (right), Land and Houses Bank President, signed an agreement appointing KBank and LH Bank as the company’s mandated lead arrangers. Under this agreement, 3.4 billion Baht in loans are being extended, of which 2.3 billion Baht is provided by KBank and 1.1 billion Baht by LH Bank, for the operation of B.Grimm Power (Laem Chabang) 1 and 2, located at the Laem Chabang Industrial Estate, Chon Buri. The cogeneration plants, under the small power producer contract (SPP), have a combined capacity of 163 megawatts, and have long-term power purchase agreements with the Electricity Generating Authority of Thailand (EGAT) and factories in the industrial estate.


Latest Press Release

WHA Industrial Development Signs Double Deal with Chinese Investor GESAC for Land Purchase and Ready Built Factory Lease

Golden Egret Cement Carbide (Thailand) Co., Ltd. (GESAC) has signed a double agreement for the purchase of 56 rai of land and the 3-year lease of a 4,700 sq m Ready-Built-Factory (RBF) at WHA Eastern Seaboard Industrial Estate 1 (WHA ESIE 1). WHA...

Bangkok Bank approved that an interim dividend be paid at the rate of Baht 2.00 per ordinary share

Bangkok Bank approved that an interim dividend from the profit of the operations for the first half of the year 2019 be paid on September 20, 2019 at the rate of Baht 2.00 per ordinary share. Bangkok Bank President Chartsiri Sophonpanich said the Board...

GoComet raises SGD3 million in Series A Round Led by Leo Capital

GoComet today announced that it has raised SGD3 million in a Series A round led by Leo Capital, alongside SGInnovate and August One, with participation from existing investor,India Quotient. Headquartered in Singapore, GoComet also operates in India,...

Fitch Rates PTT Global Chemical#s Debentures #AA+(tha)#

Fitch Ratings (Thailand) has assigned a National Long-Term Rating of 'AA+(tha)' to PTT Global Chemical Public Company Limited's (PTTGC, AA+(tha)/Stable) new senior unsecured debentures. The debentures of up to THB10 billion will be issued in three...

LGT reports strong net asset inflows and further business expansion in first half of 2019

LGT, the international private banking and asset management group owned by the Princely House of Liechtenstein, achieved a group profit of CHF 155.6 million and further expanded its client business in the first half of 2019. The results reflect solid...

Related Topics