Contracts with King Power to be nullified : AOT
Airports of Thailand's board of directors stand by the Council of State's ruling on Thursday that two contracts with King Power International Group should be nullified, said AOT chairman Gen Saprang Kalayanamitr.
King Power was awarded two contracts, for the operations of the duty free area and the management of the commercial area at Suvarnabhumii Airport. The Council of State ruled on March 19 that the contracts' values were brought below Bt1 billion to avoid complying to the Joint Venture Act. As such, they should be nullified. The Nation
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