SINGAPORE, BANGKOK and TOKYO--6 Nov--Kyodo JBN-AsiaNet/InfoQuest
Pan Pacific International Holdings Pte. Ltd., the Don Quijote Group's holding company for overseas operations based in Singapore, Thailand's leading paint manufacturing group TOA Venture Holding Co., Ltd. and the Thai subsidiary of Nippon Parking Development Co., Ltd., which provides high-quality parking management services, announced the establishment of a joint venture to start developing a commercial facility in the Thonglor/Ekkamai area of Bangkok, Thailand.
Don Quijote is enjoying solid patronage of overseas visitors to Japan as they appreciate its store concept, including a diverse product lineup and late-night services, as well as its status as a spot where they can engage in the "consumption of experience" through shopping activities. Among them, visitors from Thailand have raised their presence in recent years.
The new facility is planned to be built by redeveloping the former site of a TOA Group office building in an area with very high potential in Bangkok, a city that promises to grow economically. Located adjacent to a residential district for expatriate representatives from Japan, the area is where up-to-date businesspeople and youth gather.
The projected commercial facility will accommodate as its core tenant a store of the Don Quijote Group's new type of retail business "DON DON DONKI" -- the second such outlet to be established in Southeast Asia after one opening in Singapore in December 2017. The three corporate groups will create a one-of-a-kind mall obsessed with products and services of Japanese quality by combining their knowhow on the development and operation of commercial facilities, and on the development of large-scale parking lots attached to commercial facilities as well as mustering their knowledge gained in Thailand.
The opening date and details of the facility as well as stores and tenants will be provided in further notice.
Commercial facility outline (planned)
- Name: DONKI Mall Thonglor (provisional name)
- Address: 107 Sukhumvit 63, Klongton Nuea, Wattana, Bangkok, Thailand
- Structure: 3 basement levels (parking lots), 1st-6th stories above ground (commercial areas)
- Gross floor area: 26,770m2
- Tenants (planned): DON DON DONKI (1st-2nd stories), famous character park (5th), indoor sports/entertainment facility (5-6th), many restaurants
(Image1: Artist's image of the facility
http://prw.kyodonews.jp/img/201711017467-O1-3G55mvwE )
(Image2: Area map
http://prw.kyodonews.jp/img/201711017467-O2-LJ5X60aT )
Joint venture outline -1
- Company name: TOA-PPIH Co., Ltd.
- Business outline: Building ownership
- Representative: Nattavuth Tangkaravakoon (President of TOA Venture Holding Co., Ltd.)
- Address: 107 Sukhumvit 63, Klongton Nuea, Wattana, Bangkok, Thailand
- Investment ratio:
Pan Pacific International Holdings Pte. Ltd. 47.5%
TOA Venture Holding Co., Ltd. 47.5%
Nippon Parking Development (Thailand) Co., Ltd. 5.0%
Joint venture outline -2
- Company name: JCE-TOA Co., Ltd.
- Business outline: Commercial facility operation
- Representative: Koji Ohara (President/CEO of Don Quijote Holdings Co., Ltd.)
- Address: 107 Sukhumvit 63, Klongton Nuea, Wattana, Bangkok, Thailand
- Investment ratio:
Pan Pacific International Holdings Pte. Ltd. 49.0%
TOA Venture Holding Co., Ltd. 40.0%
PPI (Thailand) Co., Ltd. 11.0%
Contact point for commercial tenant applicants:
Tel: +66-2-335-5535, +66-61-012-9911 (Thai, Japanese spoken)
Email:
[email protected]
SOURCE: Don Quijote Holdings Co., Ltd.
Pan Pacific International Holdings Pte. Ltd.
TOA Venture Holding Co., Ltd.
Nippon Parking Development (Thailand) Co., Ltd.
AsiaNet 70827