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Investors May Back Bangkok Aviation Fuel Services' Bid to List in Market.
Byline: Charoen Kittikanya
Jan. 3--The initial public offering of Bangkok Aviation Fuel Services (Bafs), planned by April or May, is expected to receive a positive response from investors despite a lingering dispute with PTT Plc over the contract to construct fuel storage facilities worth two billion baht at the new Suvarnabhumi airport.
The dispute was unlikely to prolong the IPO process or significantly affect the company's operations, since it played a pivotal role in sectors such as aviation, tourism and exports, said Kitichan Sirisuk-archa, an analyst at Yuanta Securities Plc.
Bafs holds the exclusive rights to provide aircraft fuel storage ...
- Bafs considers switch to baht from dollars.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) May 19, 2007 700+ words
...Treerapongpichit May 19--Bangkok Aviation Fuel Services Plc (Bafs) is considering charging its...managing director, 90 percent of Bafs' business is transacted in dollars...and continues to appreciate. Bafs loses three million baht a month...
- BAFS predicts 10% rise in sales this year.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) May 19, 2005 700+ words
...Praiwan May 19--Bangkok Aviation Fuel Services (BAFS), the aircraft refuelling...weaker US dollar would affect BAFS' revenues, given that...Thailand yesterday that BAFS was projecting overall aviation fuel consumption this year to...
- Bafs to step up dollar hedging to lessen blow.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) March 21, 2007 700+ words
...21--SET-listed Bangkok Aviation Fuel Services Plc (Bafs), the country's largest jet...month, is in US dollars, and Bafs has been experiencing a foreign...three months. Chathaya Bandhaya, Bafs' finance and accounting manager...
- Bafs to issue shares as stockholder dividends.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) February 10, 2005 700+ words
...Feb. 10--SET-listed Bangkok Aviation Fuel Services Plc (Bafs) plans to raise its registered capital...and improve the trading liquidity of Bafs shares on the Stock Exchange of Thailand. Currently, Bafs has registered and paid-up capital...
- Bafs seeks loan extension as airport delay grounds repayment plans.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) January 20, 2006 700+ words
...Jan. 20--Bangkok Aviation Fuel Services Plc (Bafs), the jet fuel service...refuelling service fees. Bafs yesterday signed long...contracts have helped secure Bafs' revenue as it will...the sole operator for aviation fuel services at the new...
- BAFS sees revenue falling under strengthening baht.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) May 25, 2006 700+ words
May 25--Bangkok Aviation Fuel Services (BAFS) expects sales to fall as the baht...Suvarnabhumi Airport had also affected BAFS's sales. Revenues are expected...pipelines, hydrant and plane-line. BAFS's total capital expenses for 2006...
- Bafs aims for B2.1bn from Suvarnabhumi.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) September 1, 2006 700+ words
...Aranee Jaiimsin Sep. 1--Bangkok Aviation Fuel Services Plc (Bafs) projects that it will earn 2...its earnings are in dollars. Bafs had projected the baht would stay...to begin services on Sept 28. Bafs posted a net profit of 101.1...
- Bafs revises up revenue forecast on higher Suvarnabhumi demand.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) September 1, 2007 700+ words
...Aranee Jaiimsin Sep. 1--Bangkok Aviation Fuel Services Plc (Bafs) has revised up its 2007 revenue...Diskul, the managing director of Bafs. "It's good news for us to...Supadis. Starting on Oct 1, Bafs plans to charge clients for depot...
Source: HighBeam Research, Investors May Back Bangkok Aviation Fuel Services' Bid to List in...