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...Naqvi resigned as a director of the holding company behind JKS on May 5 this year, according to filings on Companies House....
...Signa declined to comment on what Central Group’s takeover means for Signa’s future, or the other retail businesses it co-owns with the Thai company....
...Elsewhere in Asean, Thai and Indonesian lenders also grapple with pressure on earnings....
...The CRT said it had not seen cases of crops being abandoned in its register, which growers for tequila are required to update....
...Tom Whittington at real estate company Savills, which markets some of the Debenhams sites, said that despite the UK having “a quarter too much retail space . . . there is a huge opportunity to refresh and...
...plan to develop a luxury hotel and serviced apartments as part of a revamp of the brand’s flagship Oxford Street store, according to a senior executive at Austrian real estate group Signa, which joined Thai...
...Ellison said the move was taken after attempts to limit the damage by trading using accounts in the name of “Thai prostitutes” failed....
...Suggested reads Thai, Singapore tech firms surge in market value (Nikkei Asia) China looks to relax cross-border data security controls (FT) China’s green tech giants link supply chains to south-east...
...Three of the 20 F1 drivers are of Asian heritage, including Thai-British Williams driver Alex Albon....
...The new operating company, which was eventually named Teesworks Ltd, controlled the entire 4,500-acre site and its assets — including 500,000 tonnes of scrap metal....
...The Thai-owned company, controlled by the Chirathivat family, is one half of the venture that bought Selfridges from the Anglo-Canadian branch of the Weston family for £4bn at the end of last year....
...and Signa will focus on delivering exceptional and inclusive store and digital experiences for both local residents and overseas visitors alike . . . as we seek to create a world-leading luxury, retail company...
...The family patriarch, W Galen Weston, died in April, while Paul Kelly, who had run the Selfridges group since the Westons acquired it, moved to another role in the holding company in 2019....
...The Italian businessman joined the Thai company when Central bought La Rinascente in 2011....
...for Thai consumers....
...These are said to range from the crowding out of small businesses and start-ups to a Thai regulatory approach that favours big companies over consumers....
...By 2014, when the company was acquired for $358mn by its present chairman and CEO, Vladislav Doronin, there were 26 hotels, and it was poised to make its urban debut in Tokyo....
...Until now, Thais had avoided criticising the kingdom’s big companies for fear of being sued under the criminal code’s harsh defamation provisions, which businesses have used to threaten or silence activists...
...In recent remarks to Thai media he described Tesco Lotus, for which CP outbid local rivals Central Group and TCC Group, as “my child”....
...in south-east Asia, topping hitherto most-valued companies such as Singaporean bank DBS Group Holdings and Thai state oil company PTT....
...She drops her bags, leaves a shirt at the Vogue laundry and heads for a meeting in the One Island East skyscraper before rushing to lunch at Thai Basil in Pacific Place....
...News round-up Instacart consults with banks ahead of potential IPO (FT) IBM spins out infrastructure business in major shift towards cloud (FT) TalkTalk shares rise after Toscafund’s takeover bid (FT) Thai...
...The deal will see Prudential’s Thai unit buy the right to sell life insurance products in the south-east Asian country through Bangkok-based TMB Bank....
...But it has been unable to strike a deal with the three Thai banks that financed SSI UK. The company had restarted steelmaking in 2012 but the venture was liquidated three years later....
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