112 Koh Pha Ngan firms risk losing land over foreign shareholdings

Surat Thani officials are moving to revoke land rights held by companies on Koh Pha Ngan after an investigation found 112 entities with foreign shareholdings exceeding the legal limit. Surat Thani Governor Jumpot Wannachatsiri has ordered officials to proceed with action against the landholdings as part of an ongoing crackdown on corporate land ownership on … The story 112 Koh Pha Ngan firms risk…