IN BRIEF
Prachai buys time
The Central Administrative Court accepted a petition by Prachai Leopairatana asking the court to override the decision of the Securities Exchange Commission (SEC) to remove him from the Thai Petrochemical Industry Plc (TPI)'s board.
Prachai filed the petition on January 19, and the court accepted his case on March 7. The court's acceptance of the filing forced the SEC to suspend its order and wait for a ruling, Prachai said. In January, the SEC ordered Prachai removed from the board of TPI, TPI Polene Plc and Bangkok Union Insurance Plc following Article 239 of SEC law. - The Nation
Big C fashion line Big C Supercentre Plc has started selling its own clothing line. As a result of its clothing brand, starting with its summer collection, the company expects sales to grow 20 per cent and its customer base 50-60 per cent this year. Jariya Chirathivat, the company's vice president, said that approximately 60 per cent of its customers shop for clothing at Big C stores. As a result the company believes that its house brand will meet with its customer target. - The Nation.
|
