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Former Glam Thai Concern Faces Corporate Warfare
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Former Glam Thai Concern Faces Corporate Warfare

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Asia Sentinel
Dec 06, 2017
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Former Glam Thai Concern Faces Corporate Warfare
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The embattled Group Lease PCL, a darling of Thai and US investors until officials started pursuing it for fraud in October, is setting up for a battle royal with its biggest investor, the Tokyo-based J Trust Co Ltd over as much as US$250 million that J Trust is attempting to retrieve.

Group Lease has put out a statement saying it has violated no covenant…

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