Passenger Transportation, Ground & Sea

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Sansiri PCL updates on collaboration with BTS Group Holdings Public Company Limited

Wednesday, 15 Oct 2014 07:54pm EDT

Sansiri PCL:Says it has approved to enter into the strategic alliance framework agreement with BTS Group Holdings PCL to exclusively partner together on the developments of the residential projects for sale located within a 500-meter radius of all rail mass transit stations.Approves the establishment of a 50 : 50 joint venture company with BTS for the first project to be developed under this collaboration, i.e. the residential project for sale on about 5-rai of land located near BTS Mo Chit Station.

Dazhong Transportation (Group) Co Ltd to set up joint venture with Shanghai Dazhong Public Utilities (group) Co Ltd

Sunday, 12 Oct 2014 08:00pm EDT

Shanghai Dazhong Public Utilities (group) Co Ltd:To invest 200 mln yuan to set up a financial leasing joint venture in Shanghai, with Fretum Construction & Engineering Enterprise Limited, Dazhong Transportation (Group) Co Ltd and top shareholder, a Shanghai-based managing company.To hold 40 pct stake in joint venture.Fretum Construction & Engineering Enterprise Limited to hold 25 pct stake in joint venture.Dazhong Transportation (Group) Co Ltd to hold 20 pct stake in joint venture.

BTS Group Holdings PCL to consider disposal of shares in two property subsidiaries

Monday, 6 Oct 2014 02:41am EDT

BTS Group Holdings PCL:Says Board has passed an important resolution to approve in principle for the company to consider a disposal of entire shares in two subsidiaries of the company that engage in the real estate business, namely BTS Assets Co., Ltd and Kamkoong Property Co., Ltd, to Natural Park Public Company Ltd.Says disposal will be in exchange for considerations comprising: newly issued ordinary shares and warrants of NPARK; and/or an amount of cash if appropriate, the determination of which would depend on further negotiation between the parties.

PT Zebra Nusantara Tbk appoints new president commissioner and president director

Sunday, 5 Oct 2014 08:00pm EDT

PT Zebra Nusantara Tbk:Appoints Jopie Widjaja as the new President Commissioner, replacing H. Mulyadi effective Sept. 30.Appoints H. Mulyadi as the new President Director, replacing Agoes Soegiarto effective Sept. 30.

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