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MBK waives rent as malls set to reopen

MBK waives rent as malls set to reopen

Shopping mall operator MBK is handing financial relief to traders at MBK Center, Paradise Place and the Nine Center Rama 9 as they prepare to reopen on Sunday (May 17) under the government’s lockdown-easing timeline.

MBK’s managing director Somphol Tripopnart said traders at the malls will be permitted to operate rent-free from May 17 to 31. Moreover, the rent between June 1 and August 31 will be reduced by 30 to 50 per cent.
MBK said it will open certain attractions free of charge between June 1 and August 31, in order to stimulate shopping atmosphere in the malls.

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