PTT PCL (PTT.BK)
21 Aug 2019
* Thailand gains 1% on telecom, energy stocks * Malaysia only loser in the region * Singapore snaps 3 days of losses By Soumyajit Saha July 10 Most Southeast Asian stock markets rose on Wednesday, with Thailand leading the pack with a gain of 1%, as market participants counted on U.S. Federal Reserve Chairman Jerome Powell to stay accommodative in his congressional testimony later in the day. The market now prices in a 25 basis point rate cut by the Fed at th
* PTT's existing long-term buy contracts are priced on DES basis (Adds comment, detail)
* Subsidiaries need to consolidate upstream, power acquisitions
SINGAPORE Global Power Synergy Company Pcl (GPSC), the power generating unit of state-owned PTT Pcl said on Friday that it completed the acquisition of a portion of Glow Energy, in one of Southeast Asia's largest energy deals.