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Thai President Foods Public Company Limited

Thai President Foods Public Company Limited manufactures and distributes instant noodles, semi-instant foods, and biscuits in Thailand and internationally. It also offers fruit juices, wheat flour-related products, and bakery items, and produces paper packaging and packaging printing products, along with packaging services for consumable goods. The company is additionally involved in real estate investment, lending, restaurant and drink operations, and rice bran trading. Founded in 1972, it is headquartered in Bangkok, Thailand.

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Stocks to Watch Today: MGC, ORN, TACC, SSP, RATCH, ASAP, PYLON, MBK, SIS, SKE, TFMAMA, BIOTEC

MGC shares have deepened their one-month decline, falling 23%, with brokers saying this fully reflects concerns over the 50% import tax on EV cars. Meanwhile, the government is structuring a three-tier tax framework, with fully imported vehicles expected to be taxed at 30%, and the assessment of XPENG's plan to build a factory is seen as supporting an overall positive long-term outlook for MGC. ORN, meanwhile, is pushing ahead with generating recurring income through The Backyard Phuket, a new lifestyle community mall in the heart of Thalang district in Phuket province, valued at 290 million baht, with construction expected to be completed in the first quarter of 2027. TACC has launched its new Signature Herbal Refresh formula, available at All Select in 7-Eleven stores nationwide from today until November 3. TFMAMA's board has resolved to take a 4.94% stake in E-Commerce Digital AI Thai Holding Public Company Limited, valued at 200 million baht, aiming to connect partners within the Saha Group network and the retail sector. Ekniti is preparing to propose to the Cabinet an extension of the Thai Help Thai Plus Phase 2 program, extending it by another two months, from October to November, keeping the same 60/40 formula, and using funds from those who waived their rights in the first phase to top up so that people receive more than 500 baht per month, after the first loan tranche was left with only 40 billion baht.
MGC.BK · Tariff · Negative MGC shares fell 23% as brokers say the 50% import tax on EV cars is fully reflected, with fully imported vehicles facing a 30% tax under the new three-tier framework.
ORN.BK · Capital · Positive Ornsirin is pushing ahead with The Backyard Phuket, a 290-million-baht lifestyle community mall, to generate recurring income.
TACC.BK · Technology · Positive TACC launched its new Signature Herbal Refresh formula, available at All Select in 7-Eleven stores nationwide.
TFMAMA.BK · Capital · Positive TFMAMA's board resolved to take a 4.94% stake in E-Commerce Digital AI Thai Holding worth 200 million baht to connect partners within the Saha Group network.
E-Commerce Digital AI Thailand Holding · Capital · Positive E-Commerce Digital AI Thai Holding is the target of TFMAMA's 200-million-baht 4.94% stake acquisition.
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