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| | Siam Future : Shopping centre:: New unit to manage Seri Centre complex |
 | | SERI Centre Co Ltd, a shopping-complex operator owned by Premier Group, yesterday announced the establishment of a new company, Seri Centre Management Co Ltd, to run the troubled Seri Centre complex and strengthen the confidence of its retail tenants. |
 | | Seri Centre, which developed and has run the shopping complex since 1994, is facing a bankruptcy suit filed by Thonburi Asset Management Co, a subsidiary of Thai Farmers Bank, to recover unpaid loans and interest totalling Bt74.74 million. |
 | | Seri Centre's business troubles began in 1995, when Printemps, a French department-store chain, shut down its 30,000-square-metre outlet in the centre, resulting in a sharp drop in the centre's occupancy rate to only 60 percent. |
| www.siamfuture.com /ThaiNews/ThNewsTxt.asp?tid=570 (646 words) |
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