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).

Telecom Review (August 2018): The Connected World of Thai Network Contractors

Telecom Review: There's Life After IPhone X

SUTHA: Growing Quick Lime Via Acquisitions & Expansion

IPO Radar: Enter the Stonehenge!...A Rare Architectural Consulting Firm

CK Vs STEC: The Da Vinci Code for Thai Contractors

A Quick Look at Thai Construction Services

IPO Radar: Osothspa, The Thai Energy Giant Behind M-100/M-150

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)

Thailand Industrials / Thematic (Sector/Industry)

In this review, we highlight some of the key contractors in Thailand, known as the Big Four, as well as other more eccentric, smaller ones that we came across in the past two years of company visits and IPO studies. What we won't include here are the network contractors, which were covered in great detail in the Telecom Review series (Think AIT, SAMTEL, UCOM, JTS, etc). Italian-Thai is by far the largest contractor in Thailand in terms of staff, backlog, and international profile. Founded by a…

In this review, we highlight some of the key contractors in Thailand, known as the Big Four, as well as other more eccentric, smaller ones that we came across in the past two years of company visits and IPO studies. What we won't include here are the network contractors, which were covered in great detail in the Telecom Review series (Think AIT, SAMTEL, UCOM, JTS, etc). Italian-Thai is by far the largest contractor in Thailand in terms of staff, backlog, and international profile. Founded by a…

Sino-Thai Engineering & Construction (STEC TB)

The Competitive World of Thai Contractors (Non-Network)