Connect with us

Pattaya

Pattaya hotel chases up Chinese businessmen for 7 million in rent

Thaiger

Published 

 on 

Pattaya hotel chases up Chinese businessmen for 7 million in rent | Thaiger
PHOTO: Fairtex Sports Club and Hotel, Pattaya

The Chinese directors of a company, who had rented a 54 room hotel in Pattaya, and not paid rent for 7 months, will now have to pay an estimated 40 million baht compensation to the owners. It appears that the Thai ‘shelf’ company that signed the contract, is still responsible for completing the contract, leaving 2 Thai nominees potentially liable for the unpaid rent.

Prem Bussakamwong, the spokesperson and senior executive at the Fairtex Sports Club and Hotel on North Pattaya Road said that a Chinese company contacted his hotel 2 years ago. He says the hotel’s management checked the references of the Chinese company to discover that it was a large foreign company with offices in Chiang Mai and Bangkok. The company is registered in Thailand with some Thai co-owners.

The businessmen had signed a contract for a seven year lease of the 3 storey hotel with 54 keys. The contract started in September 2018 with the rental set at 1 million baht per month. Up to January this year the rent was paid in full each month.

Then, because of the Covid-19 situation, the rental fee was renegotiated in February but the company had not paid any rent at all since then. And the Chinese businesspeople involved with the contract have vanished.

Prem says the Chinese businessmen cannot be found or contacted and the hotel remains closed with no guests. In contacting the affiliate companies in Bangkok and Chiang Mai, the company officials have been unable to put the hotel’s administration in contact with the Chinese businessmen who signed the contract, and claim that their businesses are not connected.

After meeting with Pattaya City Police, Prem says the Chinese tenants still owe them around 7 million baht for 7 months in rent. He said they’re also demanding 40 million in compensation for damages and costs.

The Thai shareholders in the shelf company that signed the contract to rent the hotel, say they were not aware of the contract and not involved. But with the Chinese ‘owners’ of the company missing, the Thai owners are now being sought to cover the costs and take responsibility for the matter.

Pattaya police say it’s unclear if the unnamed Chinese businessmen are in Thailand at this stage, or not. Police say that their phones have been disconnected and their message accounts deactivated and have not responded to emails.

SOURCE: The Pattaya News

Pattaya hotel chases up Chinese businessmen for 7 million in rent | News by Thaiger

PHOTO: Prem Bussakamwong, senior executive at the Fairtex Sports Club and Hotel

Keep in contact with Thaiger by following our Facebook page.

Never miss out on future posts by following Thaiger.

10 Comments

10 Comments

  1. Avatar

    Matk

    Sunday, September 13, 2020 at 7:20 am

    Haha. Gone back in Chian. Whistle for that 40 million. Thai hotel made up figure

    • Avatar

      mark

      Sunday, September 13, 2020 at 9:03 pm

      I believe it is a SHELL company…

  2. Avatar

    Gosport

    Sunday, September 13, 2020 at 9:12 am

    If the hotel got 40 million, it would be the only hotel making profit during the pandemic period.

    • Avatar

      Deckard

      Sunday, September 13, 2020 at 2:21 pm

      Hahhahahaha! ? Thainess reversed!! Love it!

  3. Avatar

    Toby Andrews

    Sunday, September 13, 2020 at 11:36 am

    As Thais commonly insist on being in any company opening in Thailand, or the company is not allowed to operate, this time they have shot themselves in the foot – they are liable!
    Let us see the Thais go after the Chinese in China. They will have as much success as the Chinese using courts against Thais in Thailand.
    Still the Thais on the company board will have received a salary, and a nice sum up front.

    • Avatar

      Issan John

      Sunday, September 13, 2020 at 4:22 pm

      If Thai “nominee” shareholders are made to pay that could open a real Pandora’s box …..

  4. Avatar

    Unfair Tex

    Sunday, September 13, 2020 at 3:08 pm

    Well doing a runner isn’t the best way to deal with the issue. But also the hotel wanting a pound of flesh and probably some crap covid discount hasn’t helped either. No customers means no income for either parties.

  5. Avatar

    Reid Moore

    Monday, September 14, 2020 at 7:20 am

    You mean SHELL company, a legal entity created on paper only, having no actual assets, with the express purpose of obscuring ownership and transactions/activities, often for monetary gain or tax avoidance. See AMLO for examples.

  6. Avatar

    Mike

    Monday, September 14, 2020 at 8:55 am

    Thailand love the Chinese don’t they dispite the wuflu. You can’t trust them!

  7. Avatar

    Joseph McKee

    Wednesday, September 16, 2020 at 12:17 am

    We are monkeys, We are ling.
    Give us your money,..we’ll do anything.

Leave a Reply

Your email address will not be published. Required fields are marked *



Read more headlines, reports & breaking news in Pattaya. Or catch up on your Thailand news.

If you have story ideas, a restaurant to review, an event to cover or an issue to discuss, contact The Thaiger editorial staff.

Business

The Thaiger joins forces with Masii to bring you hassle-free Thailand re-entry packages and much more

Thaiger

Published

on

By

The Thaiger joins forces with Masii to bring you hassle-free Thailand re-entry packages and much more | Thaiger

PRESS RELEASE

The Thiager and its sister company Tadoo, have announced they will enter a strategic partnership with the Bangkok-based fintech company, Masii.

Having joined forces with Masii, The Thaiger aims to provide its 6 million-plus monthly users with exclusive deals and packages such as the Thailand re-entry package, comprising of the Certificate of Entry (COE), Covid-19 Travel Insurance and a Covid-19 Test.

Sapir Matmon, of Tadoo, says “This tie-up will allow us to provide our readers with all-inclusive packages specifically designed to make the whole process of coming back to Thailand as simple as possible. And by booking through us, all service fees will be waived – a saving of more than 1,000 Baht. We’re confident you won’t find a better price in the market right now.”

The Thaiger joins forces with Masii to bring you hassle-free Thailand re-entry packages and much more | News by Thaiger

“We can provide everything you need to enter Thailand hassle-free and within 12 hours, which is the fastest in the market.” Says Maxwell Meyer, CEO of Masii.

Covid-19 has drastically accelerated the industry’s movement toward shifting products and services online.

Sapir says “We are tremendously pleased to welcome the Masii team and work alongside Maxwell, as one of the stars of the local fintech scene.”

Tadoo, The Thiager’s sister company, has also teamed up with Masii on their Thai price comparison platform, tadoo.co, which offers a similar range of products including, insurance, finance, internet, and mobile.

The goal of Tadoo is to bring clarity to the Thai market and assist consumers in making better-informed choices by offering a quick and convenient solution for getting the products they want without the hassle.

For more information on the Thailand Re-Entry Full Package, click HERE.

The Thaiger joins forces with Masii to bring you hassle-free Thailand re-entry packages and much more | News by Thaiger

Keep in contact with Thaiger by following our Facebook page.

Never miss out on future posts by following Thaiger.

Continue Reading

Coronavirus (Covid-19)

Aviation authority calling for 20,000 vaccine doses for crew, ground staff

Maya Taylor

Published

on

Aviation authority calling for 20,000 vaccine doses for crew, ground staff | Thaiger
PHOTO: Christian Junker on Flickr

The Civil Aviation Authority of Thailand is calling for vaccine doses to protect around 20,000 airline crew and ground staff before the country re-opens to international tourists. The CAAT says it’s vital that those working in the aviation industry are protected and has submitted its request to the Centre for Covid-19 Situation Administration.

According to Suthipong Kongpool from the CAAT, there are around 20,000 airline employees, including crew and ground staff, who will need to be vaccinated. As 2 doses are required, a total of 40,000 doses are needed to fully protect staff. The Bangkok Post reports that the CAAT will meet on Thursday to review the aviation sector’s readiness for when the country re-opens without international arrivals having to quarantine.

Suthipong says they are seeking enough vaccine doses to protect employees of Thai-registered carriers.

“It’s a confidence-building measure for tourists and those providing the services to them.”

From July, the southern island of Phuket will be the first part of the country to waive quarantine for vaccinated international arrivals, subject to 70% of local residents being vaccinated. The “sandbox” project is a pilot programme that will be expanded to other areas if it proves successful. Between October and the end of the year, 5 other provinces – Phang Nga, Surat Thani, Krabi, Chon Buri, and Chiang Mai – are expected to adopt the programme. Officials hope to be able to re-open the country fully from January 2022.

According to the CAAT, the first foreign visitors expected to return to Phuket will be Chinese tourists, given that country’s success in managing the pandemic. Meanwhile, the CAAT says Thailand will see a 7% increase in air traffic this month compared to last, with a total of 36,150 domestic and international flights.

SOURCE: Bangkok Post

Keep in contact with Thaiger by following our Facebook page.

Never miss out on future posts by following Thaiger.

Continue Reading

Business

Labour union angry over changes to Thai Airways staff contracts under rehab plan

Maya Taylor

Published

on

Labour union angry over changes to Thai Airways staff contracts under rehab plan | Thaiger
PHOTO: Wikimedia

Union representatives are questioning changes made to the employment terms of Thai Airways staff as part of the national carrier’s debt-restructuring plan. The labour union claims the changes have removed or diluted several staff entitlements and welfare benefits, pointing the finger at acting president, Chansin Treenuchagron, who signed the orders.

The union is calling on the Department of Labour Protection and Welfare to review the changes to check if they align with a debt-restructuring plan submitted to the Central Bankruptcy Court. According to a Bangkok Post report, the union believes the signed orders may go against the terms of the rehab plan currently being reviewed by creditors. They include an order related to the company’s new organisational structure, as well as the screening of workers who will continue to be employed by the carrier during and after the rehab process.

Union representatives accuse the airline of changing the terms and conditions of employee contracts, meaning weaker welfare benefits. They are asking the DLPW to confirm if the changes comply with the 1940 Bankruptcy Act, the 1975 Labour Relations Act, and the 1998 Labour Protection Act. The union says that if the changes are found to violate the acts, Chansin should be ordered to cancel the orders and draw up new employment terms that comply with the airline’s rehab plan and with employment law.

SOURCE: Bangkok Post

Keep in contact with Thaiger by following our Facebook page.

Never miss out on future posts by following Thaiger.

Continue Reading
Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4 | Thaiger
Thailand1 month ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO | Thaiger
Tourism1 month ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2 | Thaiger
Phuket1 month ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Phuket Thai food treats you need to try | VIDEO | Thaiger
Tourism2 months ago

Phuket Thai food treats you need to try | VIDEO

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23 | Thaiger
Thailand2 months ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

In search of Cat & Dog Cafés in Phuket Town | VIDEO | Thaiger
Tourism2 months ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21 | Thaiger
Thailand3 months ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19 | Thaiger
Thailand3 months ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18 | Thaiger
Thailand3 months ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15 | Thaiger
Thailand3 months ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14 | Thaiger
Thailand3 months ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13 | Thaiger
Thailand3 months ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12 | Thaiger
Thailand3 months ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11 | Thaiger
Thailand3 months ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Thailand News Today | Southern floods, Face mask fines, Thai Air Asia woes | January 8 | Thaiger
Thailand3 months ago

Thailand News Today | Southern floods, Face mask fines, Thai Air Asia woes | January 8

Follow Thaiger by email:

Trending