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<a href="http://www.accessmylibrary.com/article-1G1-118573953/king-power-wins-new.html" title="Facts and information about King Power Wins New Concession Deal with Airports of Thailand.">King Power Wins New Concession Deal with Airports of Thailand.</a>
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King Power Wins New Concession Deal with Airports of Thailand.
Apr. 7--Airports of Thailand has awarded a new duty-free concession to King Power Duty Free Co at the Suvarnabhumi, Chiang Mai, Phuket and Hat Yai airports.
In a statement to the Stock Exchange of Thailand, AOT said the concession term would run from Sept 29, 2005 to Dec 31, 2015. King Power, the country's largest duty-free operator, will pay concession fees equivalent to 15 percent of its gross revenue for the first five years, with the fee increasing by an additional 1 percent in each of the subsequent years.
As well, AOT said, King ...
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