Asean-focused. Ex-Head of Thai Research

Athaporn Arayasantiparb, CFA

Athaporn 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 22 years, of which 19 were in research and 9 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 performs financial advisory services for TKC Services and provides 11 other on-going thematic series ranked by frequency in descending order, namely:

1) Snippets (news-driven);
2) Sathorn Series (financial services);
3) Silicon Stories (technology); 
4) Thai-Coons (billionaire origin series);
5) Reality Check (data-driven, investigative);
6) Thai Media Spotlight;
7) Political Pit Stop; 
8) Telecom Review; 
9) Thai Macro Watch (read-through from foreign events);  
10) Small Cap Diary; and
11) Property Grid

There are also 3 limited-time series driven by specific events or locations, namely:
1) Thai Corona Crisis;
2) South Series; and
3) Mechanics and Details (deal forensics).

Snippets #10: Thailand Goes 5G...SCB/TMB Tie-Up?

Reality Check XV: How Might a GPSC-Glow Deal Look Like?

Reality Check XIII: Is MINT's Acquisition of NH Hotels Wise?

TMB Vs SCB: Bancassurance Ain't Big Enough for the Two of Us!

Snippets #8: Syrian Tensions, PTT's New IPO!

Snippets #7: The End of Digital Banking Fees

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).

Equity Bottom-Up

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<p><strong>PTT Wants to Build Your Next Train!</strong> Intuitively speaking, the national oil company isn't the first company that comes to mind when Thailand needs a new train, but that didn't stop PTT Group from sending two of their subsidiaries (GPSC and Energy Complex), respectively their power and property, from securing TOR (terms of reference) for the project to construct trains to link Bangkok's airport terminals. This would be the Group's first foray into the transport business.</p>
<ul><li>Actually, when you think it…</li></ul>
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PTT Wants to Build Your Next Train! Intuitively speaking, the national oil company isn't the first company that comes to mind when Thailand needs a new train, but that didn't stop PTT Group from sending two of their subsidiaries (GPSC and Energy Complex), respectively their power and property, from securing TOR (terms of reference) for the project to construct trains to link Bangkok's airport terminals. This would be the Group's first foray into the transport business.
Actually, when you think it…


Sino-Thai Engineering & Construction (STEC TB)

Global Power Synergy Company Ltd (GPSC TB)

Minor International

Snippets #9: MINT Acquires Benihana