Asean-focused. Ex-Head of Thai Research

Athaporn Arayasantiparb, CFA

Asean (Thailand) Focused Independent Research

M Corp Review

M Corp is led by Athaporn Arayasantiparb who served as Head of Research for UOB and ANZ in Thailand and was an award-winning telecoms analyst at UBS in 2010 (AsiaMoney Thailand category) and Regional Strategist for DMG in Singapore. Prior to that, he also served as Kasikornbank credit analyst and scholar. He has a total work experience of 17 years, of which 14 were in research and 4 in research management roles. He started his career as an engineer for PTT and currently manages family investments. He holds an MBA from Stern (NYU) and CFA Charter since 2006. Apart from IPO Radar, which focuses on future listings, MCorp Review also provides six on-going thematic series ranked by frequency in descending order, namely: 1) Silicon Stories (technology) 2) Sathorn Series (financial services) 3) Thai-Coons (billionaire origin stories) 4) Reality Check (data-driven, investigative) 5) Thai Media Spotlight; and 6) Thai Macro Watch (global market drivers).

Thematic (Sector/Industry)

A dozen deals! In this review, we look at six listed deals and six non-listed deals that remade Charoen's TCC Group in the last five years. Known for his flagship company Thai Bev's Beer Chang and a property empire said to be larger than the royal family's, Charoen's deals have been so "in your face" that they can no longer be ignored. If you think books, TV, and industrial estates were safe from the second biggest checkbook in Thailand, think again!Though one rank behind CP Group, Charoen has been far more audacious. The largest deal ever attempted by a Thai company, the US$11.2bn takeover of Singapore's mighty F&amp;N, and the biggest deal in 2016, 3bn euros for hypermarket giant Big C, that's all him. Oh, and don't expect him to slow down just because he's 73 and has US$19bn to his name...he's just getting started. Up next: One Bangkok (said to be such a large private enterprise it could stimulate commercial property segment in Thailand) and SHREIT, an IPO we believe could be really hot in 2018....like doubling in value over time.

A dozen deals! In this review, we look at six listed deals and six non-listed deals that remade Charoen's TCC Group in the last five years. Known for his flagship company Thai Bev's Beer Chang and a property empire said to be larger than the royal family's, Charoen's deals have been so "in your face" that they can no longer be ignored. If you think books, TV, and industrial estates were safe from the second biggest checkbook in Thailand, think again!Though one rank behind CP Group, Charoen has been far more audacious. The largest deal ever attempted by a Thai company, the US$11.2bn takeover of Singapore's mighty F&amp;N, and the biggest deal in 2016, 3bn euros for hypermarket giant Big C, that's all him. Oh, and don't expect him to slow down just because he's 73 and has US$19bn to his name...he's just getting started. Up next: One Bangkok (said to be such a large private enterprise it could stimulate commercial property segment in Thailand) and SHREIT, an IPO we believe could be really hot in 2018....like doubling in value over time.

SGX Market Strategist, Equity & Fixed Income, Singapore Exchange Ltd (SGX)

Geoff Howie

SGX Market Strategist, Equity & Fixed Income

Asia’s leading multi-asset exchange

Singapore Exchange Ltd (SGX)

Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.

With about 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN.

As Asia’s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.

Headquartered in AAA-rated Singapore, SGX has over 800 employees including offices in Beijing, Chicago, Hong Kong, London, New York, Mumbai, San Francisco, Shanghai and Tokyo.

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Venture Corporation Scheduled to Join STI on 5 January

Singapore’s STI On Track For Highest Annual Price Gain Since 2012

Singapore

Thai Beverage Public Company Limited produces a wide range of branded beer and spirits in Thailand.

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Thai Beverage (THBEV SP)

TCC Group: The Man With the Iron Wallet

A dozen deals! In this review, we look at six listed deals and six non-listed deals that remade Charoen's TCC Group in the last five years. Known...

Athaporn Arayasantiparb, CFA

Venture Corporation Scheduled to Join STI on 5 January

Singapore Exchange Ltd (SGX)

STI's Strongest Stocks in 2017

Singapore Exchange Ltd (SGX)

Sector Leaders that Beat the STI in 2017

Singapore Exchange Ltd (SGX)

Singapore’s STI On Track For Highest Annual Price Gain Since 2012

Singapore Exchange Ltd (SGX)

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52-week Range

Market Cap (USDm)

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Dividend (Yield)

TCC Group: The Man With the Iron Wallet

A dozen deals! In this review, we look at six listed deals and six non-listed deals that remade Charoen's TCC Group in the last five years. Known...

Athaporn Arayasantiparb, CFA

Venture Corporation Scheduled to Join STI on 5 January

Singapore Exchange Ltd (SGX)

STI&#39;s Strongest Stocks in 2017

Singapore Exchange Ltd (SGX)

Sector Leaders that Beat the STI in 2017

Singapore Exchange Ltd (SGX)

Singapore’s STI On Track For Highest Annual Price Gain Since 2012

Singapore Exchange Ltd (SGX)

STI's Strongest Stocks in 2017