Santiburi Koh Samui, a five-star resort located in Surat Thani province, is owned by Singha Estate. SET-listed Singha Estate Plc (S) plans to increase asset growth by up to 100 billion baht within three years and has announced a listing plan for its hospitality subsidiary, with a third-quarter launch of its IPO expected.S Hotels & Resorts, a subsidiary involved with the hospitality business, is expected to introduce an IPO on the Stock Exchange of Thailand (SET) in the third quarter. "The plan is expected to increase focus and strategic flexibility for hotel investment and management in response to the growing tourism industry worldwide, as well as stressing the company's vision towards becoming a global holding company," said chief executive Naris Cheyklin. The vision will be achieved through a multi-investment strategy, including greenfield development, mergers and acquisitions (M&As) and joint ventures, said Mr Naris. Singha Estate's total asset value stands at 60 billion … [Read more...] about S Hotels & Resorts IPO planned for Q3
Dusit resort chiang rai
Drug suspect killed by troops in Chiang Rai
The slain suspect was identified as Apoh Mayer, 51, of a hill tribe in Ban Huay Mor village in Tambon Therd Thai. Col Nathee Timsen, deputy commander of the Pha Muang task force, said his troops had received a tipoff that a drug suspect was living in a hut in the forest near Ban Huay Yor village in Tambon Salong Nok. Nathee said he led a company of troops to check the hut at 7am and the suspect opened fire. He said the troops returned fire, leading to a gunfight for about five minutes before Apoh was found dead. The troops found a .38 revolver, a grenade, 600 methamphetamine pills, 40 grams of heroin and 50 grams of raw opium on the suspect. Natee said the suspect moved from his village to live in the hut after the authorities suspected he was a drug trafficker. … [Read more...] about Drug suspect killed by troops in Chiang Rai
A plea for help from Chiang Rai
On Friday May 3, the Air Quality Index in Chiang Rai was 318 and the PM2.5 level was 208. In previous weeks it has been worse. Arsonists are operating with impunity and burning huge swathes of local forests. The local government has lost control of the situation and there is a feeling of lawlessness here. We are all choking. Please help us. Mehmet Hassan Chiang Rai … [Read more...] about A plea for help from Chiang Rai
Most fire hot spots reported in Chiang Mai
To replace the ban on outdoor burning that ended on April 30, Chiang Mai province now allows farm-clearing fires, although fire-lighting by poachers is illegal. Farm-clearing fires are to adhere to zoning and time-arranged regulations and the kamnan and village headman are to be notified first to contain fires, provincial governor Supachai Iamsuwan said. The Geo-Informatics and Space Technology Development Agency's fire monitoring system (fire.gistda.or.th) on Thursday reported Chiang Mai cited 154 hotspots followed by Phrae (103), Mae Hong Son (90), Lampang (64), Tak (49), Chiang Rai (32), Lamphun (26), Nan (15), Phayao (1). The Chiang Mai Air Quality Health Index Center as of 8am showed the hourly result of PM2.5 – airborne particulates 2.5 microns or less in diameter – to be dangerously high in Chiang Mai with Tambon Mae Na Jon in Mae Chaem district being the worst off at 584 micrograms per cubic metre of air while the Air Quality Index was beyond … [Read more...] about Most fire hot spots reported in Chiang Mai
Human smuggling attempt thwarted at Chiang Mai bus terminal
Pol Lt-Colonel Thitiwat Ruechanukul, deputy Chiang Mai immigration police chief, said Nan Nyo, 34, was arrested at the Chiang Mai bus terminal in Muang district on Tuesday. Thitiwat said Nan was arrested while picking up three Myanmar people at the bus terminal. The three were identified as Pan, 30, Kham, 50 and Aung Lu, 27. The three told police that they promised to pay Nan Bt3,400 each to drive them back to Myanmar in her pick-up truck. Thitiwat said the four had sneaked across the border into Chiang Rai’s Mae Sai district. Nan had allegedly sneaked into Thailand on her own and had been helping undocumented Myanmar migrants return to Myanmar, while the other three had allegedly sneaked in three months ago and wanted to return to Myanmar after working for three months, Thitiwat said. … [Read more...] about Human smuggling attempt thwarted at Chiang Mai bus terminal