Asean-focused. Ex-Head of Thai Research

Athaporn Arayasantiparb, CFA

Athaporn served as Head of Research for UOB and ANZ in Thailand and was an award-winning telecoms analyst at UBS in 2010 (AsiaMoney Thailand category) and Regional Strategist for DMG in Singapore. Prior to that, he also served as Kasikornbank credit analyst and scholar. He has a total work experience of 22 years, of which 19 were in research and 9 in research management roles. He started his career as an engineer for PTT and currently manages family investments. He holds an MBA from Stern (NYU) and CFA Charter since 2006.

Apart from IPO Radar, which focuses on future listings, MCorp Review also performs financial advisory services for TKC Services and provides 11 other on-going thematic series ranked by frequency in descending order, namely:

1) Snippets (news-driven);
2) Sathorn Series (financial services);
3) Silicon Stories (technology); 
4) Thai-Coons (billionaire origin series);
5) Reality Check (data-driven, investigative);
6) Thai Media Spotlight;
7) Political Pit Stop; 
8) Telecom Review; 
9) Thai Macro Watch (read-through from foreign events);  
10) Small Cap Diary; and
11) Property Grid

There are also 3 limited-time series driven by specific events or locations, namely:
1) Thai Corona Crisis;
2) South Series; and
3) Mechanics and Details (deal forensics).

UV: Land Bank Grows as Real Estate Sales on High Rise

GOLD: Determined Plan to Reach Top Five in Thai Property

Applying the Baum Principles to Thai Property

CPN: Central Group's Flagship Property Arm

IPO Stalker: SHREIT Doubles Down on Bali & Malaysia

Asean (Thailand) Focused Independent Research

M Corp Review

M Corp is led by Athaporn Arayasantiparb who served as Head of Research for UOB and ANZ in Thailand and was an award-winning telecoms analyst at UBS in 2010 (AsiaMoney Thailand category) and Regional Strategist for DMG in Singapore. Prior to that, he also served as Kasikornbank credit analyst and scholar. He has a total work experience of 17 years, of which 14 were in research and 4 in research management roles. He started his career as an engineer for PTT and currently manages family investments. He holds an MBA from Stern (NYU) and CFA Charter since 2006. Apart from IPO Radar, which focuses on future listings, MCorp Review also provides six on-going thematic series ranked by frequency in descending order, namely: 1) Silicon Stories (technology) 2) Sathorn Series (financial services) 3) Thai-Coons (billionaire origin stories) 4) Reality Check (data-driven, investigative) 5) Thai Media Spotlight; and 6) Thai Macro Watch (global market drivers).

Equity Bottom-Up

Univentures Public Co Ltd / Equity Bottom-Up

Today, we meet up with Univentures, the flaghship property company of Charoen's TCC empire. Property is arguably the second most important business for Thailand's second richest man, who with his rival in fame (the CP Group) ranks as two of the country's largest landlord. Thai Rath newspaper once claimed these two tycoons have more real estate than the Crown, which we think is an exaggeration, though it gives you a sense of how much influence they have. Within Univentures, which itself is…

Today, we meet up with Univentures, the flaghship property company of Charoen's TCC empire. Property is arguably the second most important business for Thailand's second richest man, who with his rival in fame (the CP Group) ranks as two of the country's largest landlord. Thai Rath newspaper once claimed these two tycoons have more real estate than the Crown, which we think is an exaggeration, though it gives you a sense of how much influence they have. Within Univentures, which itself is…

Golden Land Property Development (GOLD TB)

Univentures: Refocusing on Low Rise & Condos Closer To Skytrain Stations