Showing 1 - 10 of 25
Court bars asset manager in QCP case
Business, Published on 11/07/2025
» The South Bangkok Civil Court rejected a request on Wednesday filed by Nestlé to temporarily appoint Grant Thornton Specialist Advisory Services Co Ltd as the asset manager of Quality Coffee Products Co Ltd (QCP) amid an ongoing shareholder dispute between the two parties, according to local media reports.
Shares retreat as more tariff uncertainty looms
Business, Published on 31/05/2025
» RECAP: Asian shares fell on Friday as the euphoria over a US court ruling blocking President Donald Trump's sweeping tariffs wore off, giving way to concerns about prolonged economic uncertainty while Trump challenges the decision.
Nestlé launches B577m coffee lawsuit in Thailand
Business, Published on 31/05/2025
» Nestlé has filed a lawsuit against its former business partners in Thailand for rights infringement of the Nescafé trademark.
Mogul Prayudh Mahagitsiri sentenced for land grab
News, Karnjana Karnjanatawe, Published on 03/05/2025
» Nine people, including state officials, have been handed prison terms for corruption involving the unlawful issuance of land title deeds in areas designated as reserved forest and the land reform area in Nakhon Ratchasima's Sikhiu district.
Creating a stir in instant coffee
Business, Kuakul Mornkum, Published on 19/04/2025
» The ongoing legal battle between Nestlé, the Swiss multinational food and drink processing conglomerate, and the Mahagitsiri family -- widely dubbed the "Nescafé godfather" by Thai media -- is causing a stir in Thailand's instant coffee market.
New hearing date set in Nescafé dispute
Post Reporters, Published on 17/04/2025
» The Min Buri Civil Court has set June 20 for a hearing on a petition by Nestlé in an increasingly bitter dispute over the Nescafé coffee business with its former Thai joint-venture partner.
Nescafé goes back on Thai shelves
Post Reporters, Published on 13/04/2025
» Nestlé Thailand has sent a letter to its business partners informing them they can resume sales and distribution of instant coffee products under the Nescafé brand in Thailand.
Millionaire jailed over land grab
News, Post Reporters, Published on 11/08/2023
» The Criminal Court for Corruption and Misconduct Cases, Region 8, has sentenced millionaire Prayudh Mahagitsiri to two years and eight months in jail over a land grab scandal, according to the National Anti-Corruption Commission (NACC).
Pheu Thai MP linked to bribery scandal
News, Post Reporters, Published on 02/10/2021
» The National Anti-Corruption Commission (NACC) has said there is weight to the allegation that Pheu Thai MP for Mukdahan Anurak Tangpanitanon was involved in a bribery scandal linked to the 2021 budget allocation of a government department.
Two more moguls join 'Team Thailand'
News, Post Reporters, Published on 01/05/2020
» Two additional Thai millionaires -- Chalerm Yoovidhya and Prayudh Mahagitsiri -- will allocate multi-million baht budgets to help the newly-established Team Thailand fill the state's coffers amid efforts to tackle the economic impact of Covid-19.