All Active Asset Capital Share Discussion Threads

[andrbea] 09/1/2015 13:19

AAA's main project (a gas-fired power plant at Dewai) hTTp://www.cospp.com/articles/2014/07/aggreko-gas-engine-deal-for-myanmar.html

[andrbea] 08/1/2015 10:41

why no update on their projects?

[andrbea] 07/12/2014 15:10

During his speech, Modi said the government would convert its 'Look East' policy into 'Act East'. He added the government had signed an agreement with Japan to open an economic corridor with Myanmar, which would start from the northeast and boost employment in the region. hTTp://www.business-standard.com/article/economy-policy/govt-will-focus-on-gas-based-power-narendra-modi-114120200021_1.html

[andrbea] 07/12/2014 15:09

Of Myanmar's 27 power plants, GE is operating 18 , while the remaining nine are run by two Japanese companies -- Hitachi and Mitsubishi. According to Myanmar official statistics, U.S. investment in Myanmar amounted to 323.6 million U.S.dollars hTTp://www.globalpost.com/dispatch/news/xinhua-news-agency/141114/us-company- help-myanmar-improve-gas-power-plant

[andrbea] 07/12/2014 14:52

another power plant coming in Myanmar Its push for coal projects in other parts of Southeast Asia also continues. In October, a consortium of Thai, Burmese and Japanese firms agreed to conduct a study for a massive 2,640-megawatt coal-fired power plant in the seaside town of Myeik in southern Myanmar. hTTp://online.wsj.com/articles/thailand-places-a-coal-plant-next-door-1417643290

[andrbea] 12/11/2014 13:00

AAA they have a stake (from 2013) in a project to build a gas-fired power plant in Myanmar look at the investment being planned there: Myanmar plans 41 new power plants in 15 years Authorities seek to boost electricity capacity by seven-fold within 15 years, while locals fret over environmental impacts Myanmar has mapped a 15-year power development plan to meet increasing demand, setting its sights on boosting capacity from 4,581 megawatts to over 29,000MW in 2031. hxxp://www.eco-business.com/news/myanmar-plans-41-new-power-plants-15-years/ Also Thilawa SEZ to build 50-MW gas-fired power plant Published on Monday, 03 November 2014 23:55 Thilawa Special Economic Zone (SEZ) plans to build a 50-MW power plant and another 20-MW power needed for SEZ will be taken from the national power grid, according to Myint Zaw, marketing chief from Myanmar Thilawa SEZ Holdings Public Ltd. hxxp://www.elevenmyanmar.com/index.php?option=com_content&view=article&id=8006:thilawa-sez-to-build-50-mw-gas-fired-power-plant&catid=33:business&Itemid=356

[andrbea] 16/10/2014 09:11

AAA seem well-placed with an electricity generating project, at a time when ADB and World Bank are injecting funds, big time: Meanwhile, Myanmar’s electricity access is expected to improve in the next five years as the World Bank is also seeking to invest 1 billion US dollars in its power sector, including electricity generation, transmission and distribution. The bank said Myanmar could increase access to electricity to 50 percent of the population in 2020 with the funding and private sector, and it is expected to achieve the government’s goal of national electricity access by 2030. hxxp://www.dailytimes.com.pk/region/16-Oct-2014/myanmar-striving-to-enhance-nationwide-electricity-access

[andrbea] 16/10/2014 09:04

power demand curve (Myanmar) till 2030 hxxp://www.thefinancialexpress-bd.com/2014/10/12/60654 big conference coming up too it says (ADB is a sponsor, where AAA are introduced methinks)

[andrbea] 20/9/2014 17:37

AAA's proposed power plant is to feed the Dawei port area/economic zone. That project got delayed in the past year (a dispute with the lead contractor, ITD), but seems to have a fresh dynamic now: article: September 18, 2014 1:00 am THAILAND AND MYANMAR are keen to proceed with the joint development of Dawei Special Economic Zone, with updated proposals to be tabled during the Thai prime minister's visit next month, said a Myanmar official. hxxp://www.nationmultimedia.com/business/Bilateral-deal-on-Dawei-unchanged-30243516.html

[andrbea] 28/8/2014 15:42

is that us I wonder? I even met a 23-year-old from a London private equity group who’s there with $100 million behind him trying to secure a $600 million power plant contract. Being the prodding journalist, I asked if his company was interested in going green with Myanmar’s biggest power plant. (You know, last frontier…chance to do it differently than everywhere else.) hxxp://www.cntraveler.com/stories/2014-08-26/a-guide-to-myanmar-the-last-uncharted-frontier

[andrbea] 18/7/2014 08:25

hxxp://www.cospp.com/articles/2014/07/aggreko-gas-engine-deal-for-myanmar.html

[andrbea] 06/7/2014 11:42

nice rise on Friday; news leak hopefully what will be their next investment?

[andrbea] 18/1/2014 15:05

no news since November come on chaps, give us details of another investment....

[4pens] 11/1/2014 09:54

Telegraph today

[andrbea] 02/12/2013 12:12

rns (nov 28) about that resort a photo thereof: replace hxxp with http in link below: hxxp://starsapphiregroup.com/myanmaralluregroup.htm

[andrbea] 29/11/2013 15:24

I like their new investing policy too (they want to go after bigger fish) The Company's existing Investing Policy also provides that initial investments will typically be GBP500,000 to GBP1,000,000 in each project. The Board is proposing to amend the Company's existing Investing Policy by removing these limits in order to allow greater flexibility for the Company to consider larger size projects whilst exercising the Company's ability to combine cash, equity and/or debt to satisfy the consideration, in whole or in part, for such investments. The Board expects that the changes to the existing Investing Policy will provide more flexibility for the Company, the ability for it to evaluate a wider range of investment proposals and afford greater protection for the Company against the impact of any short-term economic downturn in a specific area within the proposed wider geographic region, which may negatively influence investor sentiment within that region.

[andrbea] 29/11/2013 15:20

22% similar to last month's big upward spike perhaps ?

[andrbea] 29/11/2013 10:52

up 5% will it hold this time? the rns about the gaming industry is very exciting I find bringing an established moneyspinner to a virgin territory....

[andrbea] 28/11/2013 11:26

sounds good up (momentarily to) 11% illiquid animal this one.. 28 November 2013 Press Release 28 November 2013 All Asia Asset Capital Limited ("All Asia Asset Capital", "AAA" or the "Company") US$2.0m Investment in Hospitality and Entertainment Business in Myanmar All Asia Asset Capital (AIM: AAA), an investment company focused on investing in the growing markets of Southeast Asia, is pleased to announce that it has, through a special purpose wholly owned subsidiary, acquired a minority stake in Myanmar Allure Group Co., Ltd. ("MAG") (the "Acquisition"). MAG is a privately held company based in Thailand and Myanmar, which operates in the hospitality and entertainment business. MAG owns and operates the Allure Resort, a combined hotel, resort and gaming facilities located in Tachileik province, Myanmar, in the vicinity of the Thailand-Myanmar Mae Sai border. The resort is situated in an 11-acre plot and is easily accessible from Chiang Rai, Thailand and located within 5 minutes walk from the border. It offers a variety of entertainment including gaming, shopping and cultural sightseeing. MAG intends to expand its business including the development of a new building and partnerships with other gaming operators in order to fulfill increasing demand in this sector. Following the completion of the Acquisition, AAA will indirectly own a 7% stake in MAG. The consideration is to be satisfied by US$2.0 million in cash on completion of the Acquisition, to be funded from AAA's existing cash resources. Commenting on the Acquisition, Dr. Sri Hartati Kurniawan, Chief Executive Officer of AAA said: "The Board is excited about the investment in the Myanmar Allure Group, which in our view is solidly in line with our investing policy. We are confident that the Acquisition will provide an avenue for the Company to create further opportunities to deliver value to AAA shareholders."

[andrbea] 13/11/2013 13:30

ambitious twist going for bigger fish? (rns on nov 11th) During the process of seeking and considering investment opportunities, the Board has come across a number of companies that have the majority of their operations in other countries in the Asia Pacific region including Australia, Japan and Greater China that would, save for the country in which they operate, satisfy the Company's investment criteria. The Board therefore proposes to enlarge the geographical scope of the Company's Investing Policy to capture investment opportunities within the whole Asia Pacific region. The Company's existing Investing Policy also provides that initial investments will typically be GBP500,000 to GBP1,000,000 in each project. The Board is proposing to amend the Company's existing Investing Policy by removing these limits in order to allow greater flexibility for the Company to consider larger size projects whilst exercising the Company's ability to combine cash, equity and/or debt to satisfy the consideration, in whole or in part, for such investments.

[andrbea] 09/11/2013 10:21

Published: 7 Nov 2013 As energy minister, Mr Pongsak will play a significant role in the Dawei project, as the government wants Thai state-owned enterprises to invest in power plants to supply industrial projects in Dawei. :hxxp://www.bangkokpost.com/business/news/378572/.

[andrbea] 15/10/2013 14:29

other CCGT plants are being built at this moment in Thailand, so the Government means business: hxxp://www.worldconstructionnetwork.com/news/mhi-to-build-977mw-gas-turbine-combined-cycle-power-plant-in-thailand-210813/

[andrbea] 15/10/2013 12:54

seems CCGT is the same as GTCC = combined cycle gas turbine seems to be the type to have: quote 'Owing to these beneficial features, demand for GTCC power plants is increasing globally.' from a rival's press release in Thailand: GTCC power generation uses gas and steam turbines in combination to generate electricity in two stages, utilizing high-temperature exhaust gas from the gas turbine to produce steam to drive the steam turbine. This configuration enables GTCC power plants to achieve higher thermal efficiency, which in turn reduces fuel consumption and emissions, ultimately contributing to both efficient fossil fuel utilization and lighter burden on the environment. Owing to these beneficial features, demand for GTCC power plants is increasing globally. MHI has already delivered numerous GTCC power generation systems in Japan and other countries, and the company enjoys a solid reputation in the power generation system market for both its technological expertise and delivery track record. Adding the momentum from the latest order, going forward MHI now looks to further strengthen its aggressive marketing activities for its GTCC power generation systems as a way of making a strong contribution to more effective energy utilization and reduction of CO2 emissions worldwide. hxxp://www.mhi.co.jp/en/news/story/1308201706.html