SuperPark Thailand activity center at Icon Siam shuts permanently - members want their money back

[webfact]

SuperPark Thailand activity center at Icon Siam shuts permanently - members want their money back

 

Closed for good

Picture: Daily News

 

Icon Siam announced that "SuperPark Thailand" - an activity center in their landmark Bangkok shopping mall - had closed permanently.

 

A tersely worded announcement in Thai and English indicated that Icon Siam had nothing to do with the company

 

The membership should go directly to SuperPark Thailand for information. A phone number was supplied. 

 

Daily News reported that many members wanted their money back.

 

Online information describes the center thus: "SuperPark, the friendliest all-in-one indoor activity park in the world from Finland, is about to bring a big burst of energy into Thailand's entertainment scene".

 

Now it appears to have permanently shut its doors.

 

Source: Daily News

 

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[lujanit]

If the company that owns the SuperPark has gone bankrupt, members are now unsecured creditors.  The bottom of the pile.

 

From the article it is not clear if Finland ran the SuperPark, well a 49% share or if the operators ran the park under some form of license.  Either way not good news for the members.

[AhFarangJa]

7 minutes ago, webfact said:

Daily News reported that many members wanted their money back.

Well, they have two hopes, and Bob has passed away.

[kingstonkid]

Depending on the situation there is a third choice members or someone else could buy it from bankruptcy

[RichardColeman]

Not worry, Thailand economy is only down 7% - feel free to add any number between 1 and 9 in front of that 7

[hotchilli]

7 hours ago, webfact said:

SuperPark Thailand activity center at Icon Siam shuts permanently - members want their money back

The house of cards is starting to fall.

[ChipButty]

There is lies and there is Dam lies

[DrPhibes]

1 hour ago, ChipButty said:

There is lies and there is Dam lies

...and statistics.

[josephbloggs]

2 hours ago, hotchilli said:

The house of cards is starting to fall.

Bit of a stretch don't you think?    The Superpark was not for tourists, it was for Thais.  I took my kids there a few weeks ago and it was very impressive and the investment must have been massive - in the millions of dollars.  But it was expensive.  Too expensive for your average Thai family and therefore doomed to fail.  An unfortunate failure as it was a cool place.

Edited October 23, 2020 by josephbloggs
Typo

[ChakaKhan]

17 hours ago, webfact said:

A tersely worded announcement

tersely worded indeed...just have to speak it softly to thais and then its ok ????     okok!

[hotchilli]

9 hours ago, josephbloggs said:

Bit of a stretch don't you think?    The Superpark was not for tourists, it was for Thais.  I took my kids there a few weeks ago and it was very impressive and the investment must have been massive - in the millions of dollars.  But it was expensive.  Too expensive for your average Thai family and therefore doomed to fail.  An unfortunate failure as it was a cool place.

So it was built for Thais but priced them out in favour of tourists... when the cash cow left it crumbled.

My post stands, the house of cards is falling, not a stretch of the imagination, a reality as you can plainly see.

[Telly]

Once the news came out with how much they owing, how many branches throughout Asia, and the stupid owner refusing to assist the franchisees, it's all tumbling down.

The branch in Suntec Singapore was forcibly taken by the landlord 2 weeks back with a loss of 1.8M SGD.

Let's see how the other branches fare.

[ChipButty]

39 minutes ago, Telly said:

Once the news came out with how much they owing, how many branches throughout Asia, and the stupid owner refusing to assist the franchisees, it's all tumbling down.

The branch in Suntec Singapore was forcibly taken by the landlord 2 weeks back with a loss of 1.8M SGD.

Let's see how the other branches fare.

About 41,497,680.35 Thai Baht