Legal Execution DepartmentAuction announcement The Dhara Dhevi Hotel, Chiang Mai, February 18, with an initial auction price of 2,116 million baht, which is the starting price of only 50% of the price bought by IFEC in December 2015.
In the case of the Appeal Court dismissed the petition for business rehabilitation, Dhara Dhevi Hotel, Chiang Mai Province, as filed by Dhara Dhevi Hotel Company Limited, resulting in the hotel going into bankruptcy process.
Latest today (10 Jan) reported that rice said The Legal Execution Department announces the sale of the Dhara Dhevi Hotel on February 18, 2021 at the Chiang Mai Legal Execution Office. With the initial auction price of only 2,116 million baht, which is considered the starting price of only 50% of the price that Iphec bought in December 2015 that spent more than 2.52 billion baht to acquire shares. Total debt value is 4,300 million baht.
The Dhara Dhevi Hotel Chiang Mai was established in 2002 as a 5-star hotel with an ancient Lanna style architecture. Located at Tambon Tha Sala. Mueang Chiang Mai District Chiang Mai Province On an area of approximately 153 rai, located in the middle of Mueang Chiang Mai District With 123 rooms
Before in early 2020 after being affected by COVID-19 The hotel has announced the temporary closure of its services.In June 2020, the hotel has submitted a petition for business rehabilitation. Before the appeals court dismissed the petition for business rehabilitation on 18 November 2020, the hotel had to announce the layoff. And shut down the business and go into bankruptcy in the end
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