Selling at auction “Dara Dhevi Hotel” worth 2 billion baht, busier than before! when the winning bidder no payment yet While the Chiang Mai Legal Execution Office refused, the company struggled to submit an objection to the Civil Court.
Yesterday (5 Mar) nation Reports that Inter Far East Energy Corporation Public Company Limited (IFEC) has disclosed information regarding the auction of land and building assets of the company. Dhara Dhevi Hotel Co., Ltd. and A.P.K. Development Company Limited of Chiang Mai Provincial Legal Execution Office
Legal Execution Department, which Inter Far East Thermal Power Company Limited or ITHERMAL (a subsidiary in which IFEC owns 99.99%) to bewinning bidderAble to purchase property from auction On December 24, 2021 and on January 10, 2022, with a value of 2,012,620,000 baht
However, Inter Far East Thermal Power Company Limited filed a complaint with the Legal Execution Office Chiang Mai Province Request to extend the period of depositing money for the purchase of such assets But the enforcement officer not to extend the period of depositing money to buy property
Therefore, Inter Far East Thermal Power Company Limited has filed a petition once morest the enforcement officer’s order not to extend the above payment period to the Civil Court. 21st and 22nd March 2022
The Chiang Mai Provincial Legal Execution Office has arranged for an auction of the Dhara Dhevi Chiang Mai Hotel The first time was on December 3, 2021, the starting price was 2,116 million baht, following many years of postponement of sales. However, there is only one person who registers and deposits a security deposit of 110 million baht to participate.
is High Life Asset Company Limited, a large real estate business operator in Chiang Mai which has not yet received the price of 2,116 million baht that the Chiang Mai Provincial Legal Execution Office has set As a result, the second auction date has to be set on December 24, 2021, which has reduced the price by 10% according to regulations. The auction price is set at 1,904.62 million baht.
There are 2 bidders in this auction which are: High Life Asset Co., Ltd. and Inter Far East Thermal Power Company Limited In which in the final price tapping, Inter Far East Thermal Power Company Limited is the winner of the auction with the auction price. 2,012,620,000 baht
As for Inter Far East Thermal Power Company Limited, it is the second mortgage creditor company and is a subsidiary of IFEC. which is the group that manages the Dhara Dhevi Chiang Mai Hotel Prior to the auction
thank you : business nation
