|Bid||104.50 x 0|
|Ask||105.00 x 0|
|Day's Range||104.00 - 105.50|
|52 Week Range||60.00 - 114.00|
|Beta (5Y Monthly)||0.81|
|PE Ratio (TTM)||12.72|
|Earnings Date||Apr 21, 2021|
|Forward Dividend & Yield||2.30 (2.16%)|
|Ex-Dividend Date||Apr 20, 2021|
|1y Target Est||155.84|
Thailand’s Siam Commercial Bank Pcl (SCB) on Monday launched a food delivery platform, Robinhood, amid growing competition in the sector in Southeast Asia's second-largest economy. Robinhood is the latest entrant to offer Thai food delivery services, which have seen a surge in orders amid lockdown restrictions earlier this year during the coronavirus pandemic. Thailand’s fourth-largest lender, SCB, is an investor in Go-Jek, but has said their food delivery units operate separately.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Siam Commercial Bank Public Company Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Thai food delivery platform LINE MAN, a unit of Japanese chat app LINE Corp, said on Thursday it raised $110 million from BRV Capital Management and merged with a local restaurant aggregator, as competition heats up among such services. LINE's service is battling competitors such as Singapore-based Grab, Indonesia’s Go-Jek and Foodpanda, of Germany’s Delivery Hero SE for a piece of the pie in Thailand, with more planning their entry. "This is the first time that any entity in the LINE Group has secured a financial investment of this size for one of its overseas services," LINE said in a statement.