Saturday, October 19, 2019

AOT joins Loxley in establishing company for airport security

Oct 03. 2019
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By The Nation

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Airports of Thailand (AOT) has joined with ASM - a company under Loxley, Palangruam and MAI to set up an airport security company with registered capital of Bt350 million.

The AOT Informed the Stock Exchange of Thailand that AOT has jointly invested with the AEM Security Management (ASM), Palangruam Co and Security MAI International to establish a security company with the objective of providing security services at airports under AOT's responsibility

The board is made up of 11 members, six of them proposed by AOT, three from ASM and one each from Palangruam and MAI, with all four entities providing the working capital. AOT is certain that the new security services at airports under its control will meet international standards.

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