Big Deals in Thailand and Asia
- CP bought 280,000 million baht of Ping An Insurance's stake from HSBC, making it the biggest shareholder of Ping An. This is the largest sale of a Chainese company to a foreign buyer. Ping An business is not only an insurance company but financial service provider, so the company has the potential to earn from the local chinese as well as business owners in China. Partnering with an insurance company is not something new for CP as it once partnered with Allianz, but later opted out.
- ThaiBev bought 300,000 million baht of F&N's stake, making it the biggest deal in Asia. The company is preparing to dominate the beverage sector in South East Asia region, so it is no longer a single-country business. In the future we may see Beer Chang, EST and Oishi brands expand its markets to South East Asia countries. F&N also owns real-estate businesses and big department stores in Singapore.
- CP took over Siam Makro with 180,000 million baht in order to raise its negotiating power with its suppliers of consumer products, against competitors such as Big-C, Top Supermarket and Family Mart. This in turn could raise its negotiating power against its customers as well. Makro is a wholesaler selling consumer products to groceries and restaurants through its membership network. This deal could therefore complete CP's line of supply chain for consumer products: animal feed, livestock, food processing, wholesalers and retailers of consumer products.
The remarkablehardnessof sapphires is 9 on theMohs scale. The cost of natural
sapphires varies depending on their color, clarity, size, cut, and overall
quality – as well as their geographic origin. Sapphires are found in EasternAustralia,Thailand,Sri Lanka, Myanmar,
Cambodia,Madagascar. Sapphires come in different colors. Manyroyal engagement rings have included
blue sapphires because they are morerare and unique than
It is common practice to heat natural sapphires
to enhance color and clarity. This is done by heating the sapphires in furnaces
to temperatures between 500 and 1800 °C for several hours. Upon
heating, the stone becomes more blue in color, and loses some of the natural
inclusions called ‘silk'. The inclusions in natural stones are easily seen with
ajeweler's loupe.Un-heated natural stones are
somewhat rare and will often be sold accompanied by a certificate from an
independent gemological laboratory attesting to "no evidence of heat
The technology of heat treatment had not been disclosed
until 1982 when the heat treatment became a major issue.At that time, 95% of all the world's
sapphires were being heated to enhance their natural color.But later, according to United States Federal
Trade Commission guidelines, disclosure is required of any mode of enhancement
that has a significant effect on the gem's value.
Blue sapphires that areeye-clean or entirely free
of inclusions are uncommon, especially in larger sizes. Blue sapphires
with some internal inclusions are still highly valued, as long as the
inclusions do not reducebrilliance, obscure color, or otherwise detract from the
Silk inclusions are acceptable in blue sapphires, as long
as they are not so dense as to compromise color or brilliance. In fact,
silk inclusions can increase the value of a sapphire. The heat treatments
used to alter color and clarity in blue sapphires break down rutile silk, so
the presence of intact silk indicates that a sapphire isunheated.