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Central Plaza Hotel set up a new company named Centara International Management on October 29 in order to invest in Regent Maldives, which operates a hotel business in the Maldives.

The initial share capital of Bt10 million is wholly owned by the company. Centara International Management bought ordinary shares of Regent Maldives from the existing shareholders, and Central Plaza Hotel entered into a management contract. Centara International Management will operate Centara Grand Island Resort & Spa, which is expected to open in September this year.

Live Incorporation informed the SEC that Arus Panichsukko had resigned as a company director on January 6.

CM Organiser signed a share-sale agreement to purchase 4,000 shares, or 40 per cent of shareholders' equity, in Exposition Technology, worth Bt5 million, on July 1. Expo-Tech is a specialist in utilities services and management for event activities. It has been the contractor for utilities services at Challenger Hall, Muang Thong Thani, for five years. CM Organiser said buying Expo-Tech's shares enhances its competitiveness.


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