Economy

After the Extraordinary General Meeting of Shareholders No. 1/2023 on 15 June 2566 of One To One Contacts Public Company Limited or OTO Approved the increase of the company’s registered capital in the amount of 50,000,000 baht from the original registered capital 839,999,995 Baht is the new registered capital of 889,999,995 baht by issuing new ordinary shares in the amount of 50,000,000 shares, par value 1.00 baht

Including approving the allocation of newly issued ordinary shares of the Company in the amount not exceeding 50,000,000 shares, par value per share 1.00 baht to offer for sale on a private placement basis (Private Placement) at the offering price per share 16.00 baht, with a total value not exceeding 800,000,000 baht

by previously OTO published information on the stock exchange that The capital increase will be used to support the business expansion of the Company and its subsidiaries in the future. which includes the renewable energy business (solar energy / wind energy / hydro energy / biomass and others) or businesses related to carbon credits and/or potential businesses which has a good return on investment

[เปิดรายชื่อ 4 นักลงทุนซื้อหุ้น PP]

For the list of 4 investors who will buy new shares this time, namely: 1. Greentech Fund under CAI Optimum Fund VCC fund management company Capital Asia Investment Pte. Ltd. which will be allocated 50 million shares for capital increase this time

2. Mr. Yoswee Wattanatherakijja He is currently the Chief Executive Officer of Twenty Four Con and Supply Public Company Limited or 24CS. which operates the business of distributing equipment Air conditioning system and building engineering system installation contractor and listed on the stock exchange which has been allocated 50 million shares of capital increase

3. Mr. Nopporn Witoonchart is presently the founder and director, chairman of the executive committee. Siam Future Development Public Company Limited, which has been allocated 5 million shares.

and 4. Ms. Ratha Veerapong is currently an investor, which information indicates that There is a number of shares held in the OTO. At 1,950,000 shares, representing 0.34% (Information as of April 21, 2023)

[ขาดทุนยับ 665 ล้านบาท]

However, from further surveys, it was found that if all 4 investors are scheduled to buy capital increase shares as PP according to OTO Allocated at an offering price of 16 baht per share, so at this time all 4 investors will have a loss from stock trading. OTO Immediately total approx. 665 million baht due to the stock price OTO Today (June 16), it dropped to a floor price of 2.70 baht per share, marking its 5th consecutive day of decline.

However, in terms of the OTO Board of Directors Meeting Reported to the stock exchange on May 15, stating in part that Offering of newly issued ordinary shares to private placement will occur within a period 3months from the date of approval from the shareholders’ meeting or within 12 months from the date on which the shareholders’ meeting resolved to approve the offering of shares

In the event that the shareholders have clearly resolved that following the expiration of the period such 3 months The Board of Directors or the person assigned by the Board of Directors shall determine the offering price according to the market price during the offering period.

Therefore, you will have to keep an eye on whether these 4 investors have been allocated PP shares. At a price of 16 baht, in the end, will abandon the plan to buy capital-raising shares PP or not?

The most obvious sign of this trend is the increase in the median key rate expected for 2023, which goes from 5.125% to 5.625%. Two further increases of 25 basis points will therefore take place this year. The midpoint for 2024 also rose, but only by regarding 25 basis points, from 4.3 to 4.6%.

Core PCE index revised up to 3.9% from 3.6% in 2023, GDP to 1.0% from 0.4% and UNR down to 4 .1% instead of 4.5%.

The statement indicated that the FOMC would decide how much further policy tightening might be appropriate – reinforcing our belief of further tightening to come.

9 participants planned two additional hikes this year, 6 participants planned less, and 3 anticipated more than two. This shows that the FOMC has more “hawkish” members even though the “doves” are also well represented.

A more “dovish” note following this June FOMC meeting: the midpoint in 2024-2025, which now indicates an accumulation of 225 basis points of reductions in 2024-2025, i.e. 25 basis points more than in March. The June midpoint indicates cuts of 100 basis points in 2024 (from 87.5 basis points in March) and 125 basis points in 2025 (from 112.5 basis points in March).

Our point of view :

It’s clear that the Fed’s gaze remains on the numbers and, in all transparency, the employment and inflation reports for May were probably instrumental in adopting a “hawkish” posture at this meeting.

The Fed may have decided to take a break in June 2023 because of the debt ceiling, and it probably did not have enough time between the conclusion of the agreement and the meeting in June to announce to the markets a possible change in decision following this pause. However, with the debt ceiling issue now settled, a pause without a hawkish statement might easily have led to an easing of financial conditions, which the FOMC does not want at this time.

In order to help our readers deal with the repercussions of rising food prices, among other things, our new collaborator Myriam Gendron, creator of the offers a low-cost menu every week from the best grocery discounts of the week.

Grocery discount from 15 au 21 June 2023

It’s already Father’s Day weekend! One can imagine that barbecues will be in the spotlight in several courts in the province this Sunday.

Speaking of celebrations, I’ve selected a fresh, seasonal dessert for you: Black Forest chocolate pudding (bonus, you can make it the night before and enjoy family time the same day).

At the price of cherries, which are featured this week, it’s worth stocking up in the freezer. It’s been over a year since they’ve been so inexpensive at the grocery store.

Little end note to tell you to enjoy Quebec asparagus while we still find them on the shelves! The season is unfortunately coming to an end (by the end of June normally).

Good week !

FEATURED THIS WEEK

OVERVIEW OF FLYERS

The weeks of celebrations are not always the most memorable when it comes to discounts and Father’s Day is no exception. There are still some good catches, especially for grilled meats, but also on some everyday cuts such as chicken thighs and pork chops. With ground meat on the cheap being shy this week, it’s a good time to dip into our reserves.

• T-bone steaks at $7.77/lb at Maxi
• Rib steaks at $7.77/lb (June 15-18 only) at Provigo
• Veal or lamb loin chops at $7.99/lb at IGA
• Pork side ribs at $2.99/lb (for Moi members) at Super C
• Frozen Pacific White Shrimp (340g pkg) for $5.99 at Super C
• Dozen white eggs (large size) $2.44 at Super C
• Sliced ​​house brand ham or turkey breast (400 g) for $7.99 at Super C
• Bocconcini cheese or feta cheese (emb. 200 g) at $3.88 (for Scène+ members) at IGA (best price of the year)
• Block pizza mozzarella cheese (500g pack) $4.44 at Maxi
• Boneless Chicken Thighs at $4.99/lb at Provigo
• Live lobsters at $7.44/lb (June 15-18 only) at Provigo (best price of the year)
• Boneless chicken breasts at $4.95/lb at Super C
• Whole chickens at $1.97/lb at Walmart (best price of the year)
• Smoked sausages (450 g pack) $2/5 at Super C
• Frozen Smoked Coho Salmon (300 g pack) for $12.99 at Maxi

MONDAY

AFGHAN CHICKEN
Recipe taken from Zest

Picture Zest

• Portions : 4
• Preparation: 10 mins
• Cooking: 30 mins
• Price per serving: 2,52 $

▶ Click this link to view the recipe

GOOD TO KNOW !

Consider cooking an extra pound of chicken, which will be used to top bulgur bowls later this week. And since cherry tomatoes are featured, you can halve them in place of the tomato slices (1 1⁄2 cup halved cherry tomatoes is regarding equal to 1 tomato).

MARDI

SPICY PORK CHOPS WITH TOMATOES AND CAULIFLOWERS
Recipe taken from boost

Photo courtesy of Ronald Tsang

• Portions : 4
• Preparation: 25 mins
• Cooking: 22 mins
• Price per serving: 2,13 $

▶ Click this link to view the recipe

GOOD TO KNOW !

As you will also need rice or cauliflower couscous for the tabbouleh lunch, take the opportunity to cut the two cups of florets for this one (no need to cook it). No robots? You can always cut the cauliflower very finely with a knife!

WEDNESDAY

SLOW-COOKED SALMON SQUARES AND PANZANELLA SALAD
Recipe taken from boost

Photo provided by Foodivine Studio

• Portions : 4
• Preparation: 30 mins
• Cooking: 25 mins
• Price per serving: 4,99 $

▶ Click this link to view the recipe

GOOD TO KNOW !

As the English cucumbers are featured, you can use 2/3 of one of these as a substitute for the 4 Lebanese cucumbers. For a reduced price per serving, know that romaine lettuce is $0.99 at Metro this week.

THURSDAY

GENERAL TAO CAULIFLOWER
Recipe taken from boost

Photo courtesy of Tango Photography

• Portions : 4
• Preparation: 20 mins
• Cooking: 25 mins
• Price per serving: 3,41 $

▶ Click this link to view the recipe

FRIDAY

CHICKEN SHAWARMA BULGUR BOWLS
Recipe taken from boost

Photo courtesy of Tango Photography

• Portions : 4
• Preparation: 20 mins
• Cooking: 10 mins
• Price per serving: 2,35 $

▶ Click this link to view the recipe

GOOD TO KNOW !

Here, I suggest you garnish your bowls with extra chicken from the beginning of the week (regarding 1 lb); it will go perfectly with this recipe. If you don’t have bulgur, you can always turn to couscous.

LUNCH

CAULIFLOWER TABOULÉ WITH LENTILS AND HALLOUMI
Recipe taken from boost

Photo courtesy of Tango Photography

• Portions : 4
• Preparation: 20 mins
• Cooking: 5 mins
• Price per serving: 3,42 $

▶ Click this link to view the recipe

GOOD TO KNOW !

Canned lentils would work great for this recipe. As for the halloumi, if you don’t have any or if it’s too expensive, you might always replace it with feta, which will also bring a salty side (without grilling it, however).

COLLATION

BLACK FOREST CHOCOLATE PUDDING
Recipe taken from boost

Photo provided by Foodivine Studio

• Portions : 6
• Preparation: 20 mins
• Cooking: 10 mins
• Repos : 2 h
• Price per serving: 0,90 $

▶ Click this link to view the recipe