King Power to buy ‘crooked building’ MahaNakhon

MahaNakhon Tower, tallest building in Thailand

MahaNakhon Tower, tallest building in Thailand. Photo: Peggy Marco (Pixabay)

King Power International Group, Thailand’s leading duty-free retailer, is to acquire the remaining units and the observation deck of the MahaNakhon tower from financially beleaguered Pace Development Corporation Plc for over 10 billion baht.

According to a King Power source who asked not to be named, the group’s major shareholder has settled on a purchase deal with Pace.

Full story: Bangkok Post


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