All Active Asset Capital Share Discussion Threads

[andrbea] 08/4/2015 14:57

reminder (July 2014)

[andrbea] 08/4/2015 13:04

Dawei port looks odds-on this year:

April 1, 2015

A new deep sea port at the heart of a massive construction project on the Myanmar coast could revitalise trade in Southeast Asia, but at a high cost

/....

If construction goes ahead the US$50-billion Dawei SEZ aims to help Myanmar capitalize on its strategic location between India and China, after years of being deprived of foreign investment as an international pariah under military rule.

The port and industrial facilities, due to be built by Thai real estate giant Italian-Thai Development (ITD), will cover over 200 square kilometres and have the capacity to hold 250 million tonnes of cargo, more than the ports of Los Angeles and New York combined.

"Dawei is critical for regional infrastructure connectivity," said Chayut Setboonsarng, an analyst at a Bangkok-based think tank specializing in Southeast Asia. The zone will also feature factories, its own coal mine and power plant as well as golf courses and five-star hotels for visiting executives. Using Dawei will shortening the travel time of freight from Europe and the Middle East to Asia as it allows goods to bypass the long overseas journey through the South China Sea, which has also been a source of regional tension in recent years.

[andrbea] 08/4/2015 13:01

rail link for Dawei?
8 Apr 2015

For the Bangkok to Chiang Mai route, Japan proposed a high-speed link since this route would cover 700km, ACM Prajin said. The second project involves a link to the Dawei deep-sea port in Myanmar. Both...

[andrbea] 07/4/2015 14:11

March 9 2015

something exciting is about to happen?

.... is the last sentence of this piece (about Dawei, where anp (and aaa), among others, are involved in preparing power projects):

Dawei is a key city located on the west coast of Myanmar. For the last few years, Myanmar’s government has planned to build a deep-sea port there, along with an industrial estate and road & rail network that stretches to Thailand.

The first phase will cover about 27km2 and cost about Bt20bn, containing a small deep-sea port, electricity plant, liquefied natural gas (LNG) terminal, reservoirs, a township for workers and a road linking the project to the Thai border.

The project was first proposed in 2008, and in 2012, Myanmar and Thailand signed a memorandum of understanding to establish a special economic zone covering 50,531 acres, with a 60-year concession (extendable) and lease period of up to 75 years.

However, after that, news about the project slowed to a trickle, raising concerns it had been scuppered.

That is now about to change. Construction is hoped to start later this year, and the first phase of the project is expected to be ready by 2020-21.

So what happened? Well, as I’ve written previously, the Dawei project would need Chinese or Japanese investment to successfully take off. Japan has now announced that it will provide technical and financial support to Myanmar. Japan is also likely to offer soft loans to finance construction of a 138km road linking the Thai border with Dawei, and has offered to help Thailand build a new 874km railway linking Myanmar with Cambodia.

When China and Japan are gearing up to get directly involved in the Mekong region at the same time, I think it is fair to assume something exciting is about to happen.

[andrbea] 07/4/2015 13:50

some history....

a year ago (in Dawai)

“Despite Thailand and the former military-ruled government of [Burma] signing a joint development agreement in 2008, and work on the SEZ beginning in 2010, there is still little to see at Dawei. The site houses a small port and a few simple buildings connected by dusty, unpaved roads,” said the Bangkok Post in a special report on March 2.

and:

A little-known private company based in Bangkok is the latest to lay claim to becoming the major electricity provider for the Dawei Special Economic Zone—a project to build a regional economic hub in southern Burma that has generated much talk, but little action.

Andaman Power & Utility Company Limited says it has been chosen by the Burmese government to be the “sole electricity and utility provider” for Dawei and its surrounding district.


thai-firm-claims-deal.html

[andrbea] 07/4/2015 09:44

aaa

blue again (price will recover I reckon)
All Asia Asset Capital Limited

07 April 2015

Press Release 7 April 2015

All Asia Asset Capital Limited

("All Asia Asset Capital", "AAA" or the "Company")

Statement re press comment on Andaman Power and Utility Company Limited

[andrbea] 31/3/2015 15:34

March 16th, 2015

The board of CyberPlanet Interactive PCL (CYBER) approved to acquire 100 per cent of common shares in Andaman Power and Utility Co (APU) for 340 million baht ($10.49 million). This is the group’s first move to diversify into the energy business, aiming to create more revenue and profit apart from its property development business.




relevance to AAA?
reminder:
All Asia Asset Capital, an investment company focused on investing in the Asia Pacific region, also increased its stake in APU to 7% of the equity with the acquisition of a 4.5% stake from Chakris Kajkumjohndej.



This proposed takeover of APU by CYBER warrants an RNS from AAA I reckon......................

[andrbea] 23/3/2015 13:53

what about a 'we know of no reason for the fall' rns?

[andrbea] 19/3/2015 13:33

c'mon lads, give us a trading update.... zzzzz

[andrbea] 12/2/2015 12:32

c'mon lads, give us a trading update.... zzzzz

[andrbea] 10/2/2015 14:31

if the Dawei project does go ahead this year, then AAA's stake in the gas-fired power plant there could bring them good gains I reckon. Just look how big a hub port Dawei would be for the entire region:



AAA's involvement:

[andrbea] 09/1/2015 13:32

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
The Nation - Thailand Tuesday 4 November 2014

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.

[andrbea] 09/1/2015 13:26

Private investment to spark electricity boom

By Aung Shin | Monday, 05 January 2015

What’s happening right now is that gas-fired power plants have become expensive, and people don’t want to accept hydro and coal,” said U Khin Maung Win, director general of the Department of Electric Power. “We don’t have any other options – but we want positive suggestions.”

“We are in a very tight corner to implement these power projects,” he added. Although often more expensive, there has been significant foreign interest in Myanmar gas-fired power projects.

Companies from countries like the US, Hong Kong and Korea have won or are competing for tenders.

In 2014, American firm APR Energy won an industry award for its Kyaukse project, while Hong Kong’s V Power won a tender for a gas-fired plant for the Kyaukphyu special economic zone. A gas-powered plant was also set up in Thaketa in 2013 by a Singaporean firm.

While efforts to attract foreign interest in gas-fired plants appear to be bearing the most fruit, Myanmar is also experimenting with green technologies.

[andrbea] 09/1/2015 13:19

AAA's main project (a gas-fired power plant at Dewai)

[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.

[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


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.

[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