Showing 1 - 8 of 8
90-day deadline set for condo dispute
News, Supoj Wancharoen, Published on 08/03/2024
» A solution to a legal dispute over the 6-billion-baht Ashton Asoke condominium project in the Watthana district of Bangkok needs to be found in three months, according to a court official.
Court orders liquidation of China Evergrande, owes $300bn
Reuters, Published on 29/01/2024
» HONG KONG - A Hong Kong court on Monday ordered the liquidation of property giant China Evergrande Group, a move likely to send ripples through China's crumbling financial markets as policymakers scramble to contain a deepening crisis.
Condo ruling could affect financing
Business, Kanana Katharangsiporn, Published on 11/08/2023
» The Ashton Asoke case, in which the condo was ordered to have its construction permit revoked, will have an impact on property developers who depend on issuing debt instruments and securing loans for funding, as lenders are becoming more hesitant, according to developers.
Developer of Ashton Asoke 'must be held responsible'
News, Post Reporters, Published on 02/08/2023
» The owner of the Ashton Asoke project is responsible for building an entrance to the condominium complex in accordance with the required standards, so they must be held responsible for failing to do so, Bangkok governor Chadchart Sittipunt said on Tuesday.
Ashton Asoke condo move raises eyebrows
Business, Kanana Katharangsiporn, Published on 02/08/2023
» The Supreme Administrative Court's ruling last Thursday, which revoked the receipt of notification of intention for construction or modification of the building granted to the already-finished-and-transferred 50-storey Ashton Asoke condo project, caused a stir among the public, leaving people curious about the case and its potential outcome.
BMA lists Ashton Asoke possibilities
News, Supoj Wancharoen, Published on 01/08/2023
» Any resolution to Ashton Asoke condominium's legal tussle rests with three applicable sections of a related law, according to the Bangkok Metropolitan Administration (BMA).
Ashton Asoke must reapply for permit
Post Reporters, Published on 30/07/2023
» The owner of a high-profile Asoke condominium project may resubmit a request for a construction permit with the Bangkok Metropolitan Administration (BMA) provided it has a clear plan to address the entrance problem, Wisanu Subsompon, a deputy Bangkok governor, said yesterday.
BMA under fire over Ashton Asoke
Supoj Wancharoen, Published on 29/07/2023
» Bangkok governor Chadchart Sittipunt is under increasing pressure to take action in response to Thursday's ruling by the Supreme Administrative Court, which invalidated the construction permit granted to the already finished 6-billion-baht Ashton Asoke condominium project in Watthana district of Bangkok after a long legal dispute.