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We have just started a boycott of Johnny Walker here in Jomtien. I have sent Diageo (  the parent company ) notification of this and will be interested to see their comments. They promise a response to complaints within 48 hours.

Anyone want to join in ?

28 minutes ago, Srikcir said:

The top institutional shareholders only have a little more than 3% of the outstanding stock.

https://markets.ft.com/data/equities/tearsheet/profile?s=ITD:SET

Premchai is Managing Director and President.

https://en.wikipedia.org/wiki/Italian-Thai_Development

Of the top 10 shareholders Premchai holds the most shares at about (to nearest whole share)15%, followed by Mrs. Nijaporn Charanachitta @ 7%; Mr. Wichai Wachirapong @ 4%; Thai NVDR Co., Ltd. @ 3%; Mr. Jesad Lertanuntanya @ 3%; and remaining five holding collectively 6%.

http://market.sec.or.th/public/idisc/en/CompanyProfile/Listed/ITD

Thai NVDR Co., Ltd. is basically a stock brokerage holding Thai stock by its customers.

https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=31133736

Expect NVRD's individual holdings in IT to be very fragmented and essentially meaningless in IT shareholder voting.

 

So in sum, a scenario by which Pramchai is suspended through shareholder action must develop more than 15% "shareholder votes" is possible - combined 14% sh votes by Charanachitta,  Wachirapong and Lertanuntanya plus 2% from any two of the remaining top 10 shareholders.  

Pranchai might also be suspended by majority vote of the 10-member Board of Directors (that includes Pramchai) http://www.itd.co.th/about-directors.php But such depends on the articles of registration and shareholder agreement.

Thanks for the concise summary, well done.

I will expect it to happen shortly after I see that pig flying past my window....

Now if he was a farang the police would have confiscated his passport(s). I did not read that this had happened.

I hope he does not get an urgent call today to fly to another country today for an "unavoidable" business meeting. In the unlikely event he turns up, we could see a new world record for the number of wai's done in 2 minutes.

Beats me why Italian-Thai have not suspended him whilst the case rumbles on. Deafening silence from the shareholders, share price down 25% in the last 6 weeks.

Will he reimburse his fellow board members for their losses, LOL !

On 02/03/2018 at 2:15 PM, BobbyL said:

What a truly incredible photo. That image pretty much sums up the judicial process here. 

Truly despicable, in most other countries he would be suspended. Here its a brown envelope.

And voice recognition technology to prove whose voice is whose has not been invented yet ?

And voice recognition technology to prove whose voice is whose has not been invented yet ?

Fantastic, a new beginning.

All government officials synchronise your watches.

Oops sorry !

If he says it will be 6 months it will surely happen. The quality of his timekeeping must be impeccable with the array of devices at his disposal.

Obviously one of those dream tourists Thailand is so keen to attract.

Thailand can thank him by letting him stay here 25+ years.

Des res near Bangkok, 10 friends to share the room with ( sorry no sea views ) and use of the bucket twice a day, if he stays out of trouble.

Who could want for more ?

Talerngsak speaking from his office on Ko Phai, said he had been outside just now and the air was fine.

The distorted figure of 165 came from an isolated place called Bangkok with relatuvely few visitors

1 hour ago, webfact said:

the junta strongman later said the authorities were doing everything to bring the pair to face justice in Thailand

You can see from their faces they are quaking in their boots.

Interesting, I just got my new Chinese visa, I wonder what answer they gave to question 3.3 - have you a criminal record ? Any conviction with a jail sentence over 6 months will result in visa being denied.  

150 tonnes per day more than can be dumped in the ground. And Chinese New Year and Songkran upon us to swell the visitor numbers.

Simple rank incompetence of the authorities to handle a perennial problem. Other countries would address the problem, here those in charge head for the golf course.

Why does this even rank as news.

54 year old found dead in bed.

RIP to him, but with respect to him, so what ?

Remember the Jaws actor Robert Shaw ? Avid gym goer, died at 51

I'm just jealous he has friends with THB 300m to splash around.

With mine THB would be pushing it.

That probably doubles the number of condoms she has had inside her in her whole life. 

One key piece of information missing is what passport she used to enter the UK. If she has multiple passports like Thaksin , she can do a visa run every 90 days to places like Montenegro ( wouldn't that be ironic !! ) and then not even have the need to apply for asylum.

As no extradition treaty exists to cover her crime it well suits this and future governments not to rush to change things. Her returning without a pardon will be kicking the hornet's nest big time.

Are they all wearing masks ? Hopefully to prevent scammers recognising them, not the police !

The discovery was made on CSI LA, a popular Facebook page that crowd-sources amateur investigations, even as the general continues to stay mum about how he acquired his multi-million baht collection of timepieces

Maybe his billionaire American mother-in-law left them to him ? If so I think he should sell one, buy an elephant or two and make merit.

Meeuwisser remains hospitalized for his wounds and under police watch, he said.

OMG is Prawit involved in this case as well ?

What's the problem with Soi Buakhao ? You want potholes, come to my house.  

Clearly he has never been to Jomtien. On the land side of beach road there are shops and bars. On the beach itself there is permanent volleyball and often beach football. Where does he proposed these new zones to be ?

Could it be that the lifeless beaches are due to the fact that the farangs prefer to sit around their hotel pools because there is no litter, smells from the waste bins and you can swim in clean water ?

I have a bone to pick with Thai visa.

The introductory headline for the Pattaya forum on thai visa is " Pattaya News Forum for Pattaya related news and current happenings in the infamous city ".

The corresponding one for Phuket mentions the island, and Chiang Mai the city. So why is Pattaya branded as infamous ? To stop the deluge of respondents further denegrating the place, I will be the first to admit that there are problems here, as there are in ANY city. But if you come here, avoid getting blind drunk, insulting others and act responsibly, you can have a great time.

Thailand thrives on bad news, and there is a fair bit of it to report, from dirty beaches to traffic jams and the ever present corruption. If it is as bad as the forums like to make out then why do several million foreigners carry on living in this hell hole ? My answer is that it is not as bad as the media likes to paint it.

Come on Thai Visa, look in the mirror and let the occasional good news story break the endless tales of doom and gloom. You could start by re-branding us as a "coastal" not "infamous" city, or that a step too far ?

You may have discovered the root of the problem yourself, they think you are Chinese. There have been several well reported cases of Chinese either without money or refusing to pay the whole fare. As I am sure you know the Chinese are not generally warmly welcomed here.

Next time tell the driver you are " a Japanese who wished he had money", and see what the reaction is.