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15th October 2007, 10:02
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#1 (permalink)
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zehner
is fond of
rhino
Join Date: Jan 2005
Location: Rama 9
Posts: 21,080
vCash: 87142
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King Power..
I love the bravado these lads in King Power show...
Typical Thai style "negotiations" afoot i'd guess
DUTY FREE DISPUTE
King Power defies order to move outlets from airports
AMORNRAT MAHITTHIROOK
King Power International Group is defying the order of Airports of Thailand (AoT) for it to remove all duty-free outlets from Suvarnabhumi, Chiang Mai, Phuket and Hat Yai airports in 60 days. Group deputy chairman Chulchit Bunyaketu said yesterday there would be no relocation and the AoT board, which gave the order on Thursday, should be aware that it should not make any movement now that the dispute between the two parties was in the courts.
''In the future, if King Power is to remove any outlets, that will mean that the lawsuits must have already been finalised and King Power is the loser. In the next 60 days, if any party happens to remove the outlets, King Power must seek court protection,'' he said.
The AoT board on Thursday confirmed its previous decision that King Power had acquired the rights illegitimately to extend its duty-free shop contract for the airports.
King Power had asked AoT on Jan 13, 2004, to extend its duty free shop contract due to expire in 2005. The contract covered its duty free shops only at Don Mueang airport and the regional airports of AoT, but King Power assumed it covered Suvarnabhumi, which took over from Don Mueang in September last year.
It successfully convinced authorities of this at the time and expanded its duty free business to the new airport.
Mr Chulchit said the latest move by the AoT board did not surprise him because it had repeatedly tried to drive King Power out of the airports.
However, he said he did not understand why AoT dared make the move given that the dispute was still in the courts.
King Power earlier sued AoT for 58 billion baht in the Civil Court over its decision to terminate its contract. In the meantime, AoT asked the Administrative Court to order King Power to leave the airports.
With regard to international practice, Mr Chulchit said parties who are in dispute would wait for a court ruling.
He also complained that the ongoing issue had caused creditors to cancel some six billion baht of their credit facilities to King Power.
However, Mr Chulchit welcomed AoT president designate Chana U. Sathaporn who is reportedly ready to work out a compromise with King Power for the sake of the national interest
http://pages.citebite.com/y2f2f2f6k9igc
__________________
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.
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15th October 2007, 10:22
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#2 (permalink)
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aging one
is.....
Space Cowboy
Join Date: Jan 2005
Location: don muang
Posts: 44,846
vCash: 350
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Re: King Power..
kick the corrupt bastards out.
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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.
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15th October 2007, 10:24
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#3 (permalink)
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OhhhYouKnow
is.....
Regular User
Join Date: Jan 2007
Posts: 653
vCash: 500
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Re: King Power..
Quote:
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Originally Posted by zehner
I love the bravado these lads in King Power show...
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Yeah! Step 1: Put the word "King" in the name of your company so everyone will assume everything you do is ethically sound and people will assume that anything good for your company is good for the king. 
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15th October 2007, 10:26
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#4 (permalink)
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zehner
is fond of
rhino
Join Date: Jan 2005
Location: Rama 9
Posts: 21,080
vCash: 87142
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Re: King Power..
i like the last sentence..
Quote:
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ready to work out a compromise with King Power for the sake of the national interest
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i wonder what he means....
__________________
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.
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15th October 2007, 12:32
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#5 (permalink)
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kiwiling
is a cynical bastard
Senior Member
Join Date: May 2007
Location: Was Central Thailand
Posts: 4,812
vCash: 480
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Re: King Power..
Quote:
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Originally Posted by zehner
i like the last sentence..
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 TIT
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15th October 2007, 12:35
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#6 (permalink)
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zehner
is fond of
rhino
Join Date: Jan 2005
Location: Rama 9
Posts: 21,080
vCash: 87142
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Re: King Power..
wouldn't happen in any other country would it?
the airport board tell you to get out. you ignore them. you get the courts in. they ignore them too. then they decide to settle it out of "national interest"
what a joke...
__________________
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.
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15th October 2007, 15:54
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#7 (permalink)
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happychappy
is Staring at his avatar
K.M.A.
Join Date: Dec 2004
Location: In Cognito
Posts: 797
vCash: 25
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Re: King Power..
So nobody noticed King Power were setting up in the new Airport then, must have done it overnight.....Sounds like somebody is looking for a bigger backhander.
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If a man is standing in the middle of the forest speaking, and there is no woman around to hear him...is he still wrong?
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15th October 2007, 16:03
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#8 (permalink)
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Sissy
is.....
Regular User
Join Date: Apr 2007
Location: Sydney
Posts: 956
vCash: 500
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Re: King Power..
what? no cheap duty free make-up shopping at King Power? what ashame. 
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15th October 2007, 16:21
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#9 (permalink)
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aging one
is.....
Space Cowboy
Join Date: Jan 2005
Location: don muang
Posts: 44,846
vCash: 350
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Re: King Power..
Quote:
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Originally Posted by Sissy
what? no cheap duty free make-up shopping at King Power? what ashame.
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Have you ever seen the prices of BKK's duty free, one of the bigger airport ripoffs around.
__________________
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.
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15th October 2007, 16:36
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#10 (permalink)
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Sissy
is.....
Regular User
Join Date: Apr 2007
Location: Sydney
Posts: 956
vCash: 500
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Re: King Power..
^ actually bought some stuff from the airport duty free. so where is the best place to shop for make-up and perfumes stuff like in bkk, phuket and krabi then?
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15th October 2007, 16:44
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#11 (permalink)
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Eric C
is.....
Eye of the Tiger
Join Date: Aug 2006
Location: Soi Baan farang
Posts: 1,490
vCash: 500
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Re: King Power..
Far be it from me to drive Sissy away from the larger forum, get me right on WB's shit list it will but, you'll probably get more replies to this question in the Powder Room.
Now back to duty free shops, at all the airports I have been in it seems that the duty free shops are a rip-off. The only decent duty free experience I've had was at little shops on the US / Canada border crossings and even there it wasn't like I saved a ton.
__________________
“Imagination is more important than knowledge. For knowledge is limited to all we now know and understand, while imagination embraces the entire world, and all there ever will be to know and understand.” --Einstein
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15th October 2007, 16:58
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#12 (permalink)
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zehner
is fond of
rhino
Join Date: Jan 2005
Location: Rama 9
Posts: 21,080
vCash: 87142
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Re: King Power..
King Power is a huge rip-off...they've got their claws dug so deeply into the airports here that if they were to leave the whole thing would collapse for loss of kickbacks for all the corrupt airport officials.
The new airport is a capitalist's wet dream...row upon row of over-priced products all under the same sign. no competition and no escape for all the unknowing tourists.
__________________
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.
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10th January 2008, 07:18
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#13 (permalink)
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zehner
is fond of
rhino
Join Date: Jan 2005
Location: Rama 9
Posts: 21,080
vCash: 87142
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Re: King Power..
update...
Bangkok's Independent Newspaper
AOT to take legal action against defiant King Power
Airports of Thailand (AOT) has resolved to take legal action against King Power Interna-tional Group, the operator of duty-free shops, for failing to remove its outlets from Suvarnabhumi Airport, board member Chirmsak Pinthong said yesterday.
Published on January 10, 2008
The AOT executive board also decided to sell AOT's stake in Thai Airports Ground Ser-vices (TAGS), which handles ground services at the airport.
It will also examine a contract that employs TAGS to manage the airport's duty-free zone, to see whether it is paying too much.
AOT pays TAGS Bt21 million a year to manage the zone, based on a 16.5-per-cent management charge.
The board views the payment as unfair and is ordering AOT to sell its 18-per-cent stake in TAGS to create transparency after an examination of the contract is carried out.
The board's decision on King Power came after its instruction to the company to remove its shops in March last year appears to have been ignored.
King Power's failure to comply prompted AOT's board on Tuesday to engage lawyers to take action against it.
The board also yesterday ordered King Power Suvarnabhumi, a subsidiary of King power, to remove its tenants at the airport. The subsidiary manages commercial space at the airport.
The firm, which sublets space, was told that the concessions granted in March 2006 by the former AOT board had violated the Public-Private Joint Venture Act.
This omission was deemed as sufficient reason to withdraw the concessions.
The board said some key information had not been disclosed when the concession was granted by the former board.
The current board has
asked the National Counter Corruption Commission to investigate whether there are any officials or people involved in the failure to disclose this information, as required under the Public-Private Joint Venture Act.
The commission has been asked to take disciplinary action and file civil cases against people who violated the act.
The concession was granted during the Thai Rak Thai-led government two years ago.
Yesterday's legal move by the AOT came as a surprise. It was expected that the board would leave the matter to the new government to tackle.
Some industry sources had expected the issue would be settled out-of-court as the People Power Party, consisting of ex-Thai Rak Thai Party members, is expected to play a key role in the new government.
Chirmsak, however, said it had decided to take legal action fearing the statute of limitations would render the case void when it ends this March, one year after the board's order to oust the company from the airport was issued.
Earlier on, King Power filed a counter-lawsuit against the AOT board, seeking damages worth Bt68 billion for withdrawing its concessions.
The AOT board took the latest move after recommendations were made by a fact-finding committee led by former senator Prathin Santiprapob.
Watcharapong Thongrung
The Nation
__________________
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.
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10th January 2008, 07:33
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#14 (permalink)
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grasshopper
is.....
lo-so
Join Date: Nov 2004
Location: never in the same place twice
Posts: 15,335
vCash: 500
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Re: King Power..
decent knock-offs in Hat Yai if anyone's interested
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the answer to the secret of the universe is the secret itself
and the secret is.........................................it isn't there
grasshopper 2008
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10th January 2008, 08:30
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#15 (permalink)
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LDMA
is cooking MCs like a pound of bacon.
Admin
Join Date: Aug 2004
Location: Radcliffe....Dya get me? Dya get me?
Posts: 10,651
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Re: King Power..
Quote:
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Originally Posted by grasshopper
decent knock-offs in Hat Yai if anyone's interested
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Decent til they grass you up.... 
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LDMA - Ajarn Forum Admin
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