Vichai eyes China's duty free, airline market
Vichai Srivaddhanaprabha, founder and chief executive of King Power Duty Free, on Tuesday holds a press conference on the acquisition of 39 per cent stake of Asia Aviation worth Bt7.9 billion.
He said the acquisition was aimed to strengthen duty free and airlines business particularly China, the emerging market for aviation and duty free sectors.
Meanwhile, shares of Tassapon Bijleveld and his family has reduced from 44 per cent to 5 per cent after the deal.
Photo by Kunlaphun Siripimamporn #NationPhoto
Photo by Kunlaphun Siripimamporn #NationPhoto
Photo by Kunlaphun Siripimamporn #NationPhoto
Photo by Kunlaphun Siripimamporn #NationPhoto
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