Wednesday, September 20, 2006 | | 0 comments

Singapore listed companies with interest in Thailand

Company
Exposure in Thailand
SingTel
S$870m stake in AIS which contributes 7% of profit
DBS
Holds stakes of about 16% in TMB Bank and a 40% stake in Capital OK Company. TMB was last traded at THB3.24 and the stake is estimated to be worth about S$362m.
UOB
Wholly owns UOB Thai, which delivered net profits of S$42m in 1H06 versus S$882m for UOB (excluding exceptional gains).
Thai Beverage
Beer and beverage maker
City Developments
1 project there
CapitaLand
40% JV interest worth about S$300m
Keppel Land
2 projects in Thailand of about 400 units
Total Access Comm
Mobile operator
Keppel Corp
Infrastructure interest
Ascott Group
Runs 5 serviced apartments in Thailand
UTAC
UTAC Thailand chip-testing facility
Magnecomp
Manufacturing facility
Micro-Mechanics
Manufacturing facility
Jackspeed
Exposure via a automotive unit in Thailand
Singapore Petrol Corp
Office/operations
Kim Eng Holdings
Stockbroking operation in Thailand
ECS Holdings
Distribution business
GP Batteries
Sales office
KS Energy
Sales office
Tat Hong
Crane rental business
Mediflex
Sources latex from Thailand