reinvented

i dont know why the airport boys dont just drive through with a bulldozer
you've been told, now feck off

maybe they should employ chuwit for a bit of hammer waving

__________________
Bunk: Boy, them Greeks and those twisted-ass names.
McNulty: Man, lay off the Greeks. They invented civilisation.
Bunk: Yeah? Ass-fucking, too.


I'm not an alcoholic, alcoholics go to meetings

I'M A DRUNK!!

spliff

I signed up as did the wife but we never received the promised cards in the post.

__________________

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Wherever I go.....the people there always complain....
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zehner

King Power back in business
AMORNRAT MAHITHIROOK

Chiang Rai _ The Civil Court has ordered Airports of Thailand (AoT) to let King Power International Group resume business at Suvarnabhumi pending a decision on their dispute.

AoT earlier cancelled its contracts with King Power, the operator of duty-free shops and commercial areas at the airport, for alleged irregularities in the contracting process. The firm filed a counter lawsuit with the Civil Court and sought damages of 68 billion baht.

The court's injunction, issued on Wednesday and released yesterday, said the firm must be allowed to operate until a ruling is made in their dispute.

It also prohibited AoT and its executives from giving press interviews that might affect King Power's operations.

AoT has ordered King Power's eviction from duty-free outlets and commercial shopping space at the airport.

The contracts ran into problems early last year after the AoT board accused King Power of breaching the public-private joint venture law.

It said King Power had concealed information to keep the official investment in each of its two commercial developments at the airport under one billion baht to avoid proper scrutiny.
The court also instructed King Power to pay about three billion baht to the AoT, which has not received any revenue from the company since the airport opened.

Bangkok Post : General news

__________________
Now, to pry into roots, to finger slime,
To stare, big-eyed Narcissus, into some spring
Is beneath all adult dignity. I rhyme
To see myself, to set the darkness echoing.

aging one

They used that money to pay the court.

__________________
Too long in Exile, too long not singing my song.
Too long like a rolling stone, Too long in exile
Too long in Exile, baby you just arent my friend.
Too long in Exile my friend, Baby you can never go home again.

jonny danger

"

The other night we were laughing at all the sheep sitting, drinking. My Thai mate says, next they'll tell you to paint your balls black.

Piece Train

Don't be so quick to judge and to assume cuz there ain't nothing going on.

I used to date a corporate woman from King Power. I rejected her in favor of a schoolteacher from the provinces. The corporate woman was mad.

__________________

aging one

did you see the smiley dude?

__________________
Too long in Exile, too long not singing my song.
Too long like a rolling stone, Too long in exile
Too long in Exile, baby you just arent my friend.
Too long in Exile my friend, Baby you can never go home again.

zehner

King Power awaits crucial decision in AOT court case

King Power Group of Companies is awaiting a crucial court decision, due tomorrow, which will have a strong bearing on its multibillion-baht duty-free and commercial retailing business at Suvarnabhumi Airport.







Nophakhun Limsamarnphun
The Nation



The conglomerate, which also operates a city duty-free shopping and entertainment complex and a hotel, acquired a court injunction last November when the previous board of Airports of Thailand (AOT) resolved to terminate its contracts.

The contracts cover 9,000 square metres of duty-free retail space and another 21,000 square metres of commercial space at Suvarnabhumi.

King Power executives said they were treated unfairly by the previous AOT board, which was installed following the September 2006 coup.

King Power chairman Vichai Raksi-arksorn said the outlook had become better since the Samak Sundaravej government came into office and a new AOT board was appointed recently.

"We're returning to plan our business for the third and fourth quarters of this year," he said. "Previously, it was not possible as we were prohibited from doing anything to promote sales.

"Given the fact that we have a new government, we hope to gear up our international sales and marketing campaign to reach this year's target of Bt20 billion in sales.

"The first quarter was on target with sales of about Bt5 billion. The second and third quarters will see lower sales, but the fourth quarter should see a big improvement."

In 2007, King Power's duty-free sales at Suvarnabhumi Airport amounted to Bt12.7 billion.

Besides the legal protection sought after the cancellation of its contracts, King Power filed a lawsuit against AOT seeking compensation of Bt67 billion or else the AOT is required to abide by the contracts which King Power said were signed properly.

At this stage, Vichai hopes the new board of AOT, which is listed on the stock market, will turn to negotiate with King Power and settle the dispute.

Under the terms of two 10-year-long contracts, awarded in 2006 during the tenure of the Thaksin Shinawatra government, King Power is required to pay AOT a 15-per-cent share of its sales revenue - or a minimum of Bt1.4 billion per year.
With duty-free sales totalling Bt12.7 billion, Suvarnabhumi is ranked 11th in the world based on 2006 figures and including Don Mueang Airport operations that year. London Heathrow in the United Kingdom is top, followed by Seoul-Incheon in South Korea, Dubai in the United Arab Emirates and Changi in Singapore. Hong Kong International ranks 10th.

Bangkok's Independent Newspaper

__________________
Now, to pry into roots, to finger slime,
To stare, big-eyed Narcissus, into some spring
Is beneath all adult dignity. I rhyme
To see myself, to set the darkness echoing.

upagumtree

Yup, the 'black market' (salat suk) is the ace place. Wotever you want and if they don't have, they'll get ... moody stuff of course ...!
-----
Ouch!!!

zehner

The Airports of Thailand (AoT) board will attempt to negotiate with the King Power International Group to stop legal action after agreeing again yesterday that its original Suvarnabhumi airport contracts were acceptable.

The board held a closed-door meeting yesterday and reaffirmed the two contracts entered into with King Power did not come under the Public-Private Joint Venture Act, which requires approval from the National Economic and Social Development Board and in-depth scrutiny for contracts valued at more than one billion baht, a source said.

AoT's previous board under the Surayud government ordered King Power to cease operations at the airport after allegations it broke the contracts by claiming more space than it was allowed.

The board resolved to cancel the two contracts, saying they were illegal because they were not screened under the Public-Private Joint Venture Act.

King Power retaliated with a 68.9-billion-baht civil lawsuit.

The source said the board yesterday concluded King Power's investment in commercial area and duty-free development at Suvarnabhumi were valued at less than one billion baht each.

The meeting confirmed the company exceeded its contracted commercial space, but not by as much as an investigation headed by former police chief Pratin Santiprabhop found during the Gen Surayud administration.

The 10-year lease allotted 5,000 square metres to the duty-free shops and 20,000sq m for commercial areas.
The duty-free shops now occupy 10,080sq m. Pol Gen Pratin's team quoted 11,820sq m. The commercial areas cover 21,000sq m, while Pol Gen Pratin put them at 28,000sq m. The source attributed the sharp drop to King Power's removal of outlets which blocked fire exits.


Bangkok Post | General news | AoT seeks to resolve King Power row

__________________
Now, to pry into roots, to finger slime,
To stare, big-eyed Narcissus, into some spring
Is beneath all adult dignity. I rhyme
To see myself, to set the darkness echoing.

Matthew

I taught a short course at AOT a few times.


Lovely class. Maybe toooooo lovely, eh?

__________________

Killing Me Softly 101

Are they owned by the PAD? or the Anti-PAD?

__________________
One day I woke up and my rose coloured glasses were opaque.

Loaded

The military coup leaders went after King Power immediately after the coup. Samak regains power and King Power's board now say they will be treated fairly!

Who is really behind this company? I'm sure it must be cohorts of Thaksin but research hasn't really produced results. Anyone know?