Showing 1 - 10 of 12
New legal bid to stop Hopewell payout
News, Thodsapol Hongtong, Published on 28/10/2019
» The Transport Ministry is confident the evidence it submitted which highlighted 20 irregularities in a railway project that was scrapped two decades ago will spare it from having to pay the hefty compensation to Hopewell as ordered by the Supreme Court.
Hopewell agrees to talk after legal threat
News, Thodsapol Hongtong, Published on 19/10/2019
» The Transport Ministry on Friday decided not to ask the Administrative Court to investigate shareholdings in the Hong Kong-based Hopewell after the company made a last-minute offer to negotiate hefty financial compensation owed by the Thai government.
Ministry seeks reversal of compensation to Hopewell
News, Thodsapol Hongtong, Published on 16/10/2019
» The Transport Ministry is seeking to reverse the Supreme Administrative Court's ruling ordering it and the State Railway of Thailand (SRT) to pay hefty financial compensation to Hopewell (Thailand) Co.
Rail body seeks cut in B37bn payout bill
News, Thodsapol Hongtong, Published on 10/10/2019
» The State Railway of Thailand (SRT) will pay the entire 11.88 billion baht in compensation to Hopewell Holdings, as ordered by the Supreme Administrative Court, but will negotiate for a reduction in the interest payment, Transport Minister Saksayam Chidchob said on Wednesday.
SRT, CP set to seal high-speed rail deal
News, Thodsapol Hongtong, Published on 13/09/2019
» The State Railway of Thailand (SRT) and Charoen Pokphand Group (CP)-led consortium is expected to sign a contract for the high-speed railway project linking three major airports this month, SRT acting governor Worawut Mala said on Thursday.
SRT set to seal rail deal this month
Thodsapol Hongtong, Published on 12/09/2019
» The State Railway of Thailand (SRT) and Charoen Pokphand Group (CP)-led consortium is expected to sign a contract for the construction of a high-speed railway project linking three major airports this month, SRT acting governor Worawut Mala said on Thursday.
Hopewell poles hinder airport link
News, Thodsapol Hongtong, Published on 12/06/2019
» The unsettled Hopewell saga may now delay the construction of the high-speed train system to link up the country's major airports, as the State Railway of Thailand (SRT) remains uncertain what to do with 288 poles left from over two decades ago.
Transport Ministry eyes Hopewell payment delay
News, Thodsapol Hongtong, Published on 09/06/2019
» The Ministry of Transport may seek Administrative Court approval to delay its compensation payment of 37 billion baht to Hopewell (Thailand), according to Worawut Mala, acting governor of the State Railway of Thailand (SRT).
Govt told to fight payout order
News, Thodsapol Hongtong, Published on 04/06/2019
» Thammasat University's law association will submit a petition asking the government, the State Railway of Thailand (SRT), and the Transport Ministry to fight a court order for them to pay 58 billion baht to Hong Kong's Hopewell Holdings over a cancelled rail project.
SRT calls for clarity on Hopewell Co
News, Thodsapol Hongtong, Published on 17/05/2019
» The State Railway of Thailand (SRT) wants the Office of the Attorney-General (OAG) to spell out legal steps which it and the Transport Ministry have to follow in paying compensation to Hopewell (Thailand) Co over the scrapping of a transport project about 20 years ago.