Amata price fell on poor land sale target

By The Nation

Amata share price slumped 18.94 per cent or Bt1.25 in the morning session of Wednesday, to stay at Bt5.35.

The industrial-land developer has cut its targeted land sales this year by 29 per cent, citing political unrest and the global financial turmoil.

The company expects to sell as lit¬tle as 1,200 rai of land in its industrial estates this year, compared with an earlier estimate of 1,700 rai, Amata senior vice president Viboon Kromadit said on Tuesday.

Potential clients "prefer to post¬pone their investment decisions", Viboon said. "The US financial crisis has already become global and Thailand's political uncertainty continues. Both have worsened foreign direct investment."

{literal}

{/literal}

delegates will be safe - TCEB
With a large
Forced selling hits blue chips
Blue-chip stocks have

{literal} {/literal}

Amata price fell on poor land sale target

Amata share price slumped 18.94 per cent or Bt1.25 in the morning session of Wednesday, to stay at Bt5.35.

OTHER BUSINESS

delegates will be safe - TCEB

Forced selling hits blue chips

Top Stories