Kasikorn Projects Optimism After ‘Team Thailand’ Engages Talks with Leading French Tech Firms

published 7 d ago · en · source ↗

Affected tickers

Per-ticker News Sentiment Indicator

AMATAother · positive · med
Kasikorn Securities identifies AMATA as a beneficiary of government efforts to attract high-tech investment from French firms, which could boost demand for industrial estates.
DELTAmacro · positive · med
Kasikorn Securities identifies DELTA as a beneficiary of government efforts to attract high-tech investment in sectors like the electric vehicle supply chain and advanced technology.
KBANKother · neutral · high
The article highlights investment opportunities for industrial and tech sectors but does not mention any direct material impact on KBANK.
ORother · neutral · high
The article highlights potential investment in high-tech sectors for specific industrial and electronics firms, but does not mention OR or its business operations.
WHAother · positive · med
Kasikorn Securities identifies WHA as a beneficiary of government efforts to attract high-tech investment, which could boost demand for industrial estates and data centers.

Article body

Kasikorn Securities (KS) wrote that Prime Minister and Minister of the Interior, Anutin Charnvirakul, leading the ‘Team Thailand’ delegation in discussions with five leading French technology companies—Airbus Group SE, EssilorLuxottica, Imerys S.A., Thales Group, and IN Groupe—signals a positive outlook for attracting investment in Thailand’s advanced technology industry. These discussions encompassed investment opportunities in strategic sectors such as AI glasses, the electric vehicle (EV) battery supply chain, cybersecurity, digital identification systems, and modern aviation technology, reflecting Thailand’s role as an emerging hub for technology and a new supply chain center within the ASEAN region. According to Kasikorn, this represents a positive catalyst for the industrial estate, data center, electronics, and EV supply chain sectors, with increased opportunities to attract investment and elevate Thailand’s high-tech industrial base over the long term. Notably, stocks that are expected to benefit from the development include AMATA, WHA, and DELTA . As of 11:46 AM (Bangkok time) on Tuesday, the share price of Amata Corporation Public Company Limited (SET: AMATA ) gained 1.41% or THB 0.35 to THB 25.25, with a trading value of THB 225.68 million. WHA Corporation Public Company Limited (SET: WHA ) declined by 0.98% or THB 0.05 to THB 5.05, with a trading value of THB 153.67 million. Delta Electronics (Thailand) Public Company Limited (SET: DELTA ) rose by 0.90% or THB 3.00 to THB 337.00, with a trading value of THB 1.17 billion.