Bangkok--8 Sep--Siam Wellness Group
Mr. Wiboon Utshajit, Chief Executive Officer, Siam Wellness Group Public Company Limited or "SPA" stated that "Siam Wellness Group Public Company Limited or "SPA" has entered into a spa franchise agreement of "Let's Relax" with Kunming Tailai Spa Management Co.,Ltd in which the franchisee will have the authorized use of "Let's Relax" in Yunnan Province, Chongxing Province and Sichuan Province, People's Republic of China . The first branch of Let's Relax in People's Republic of China is expected to open in the fourth quarter of this year"
"SPA is very confident about the expansion into China. The overseas expansion is part of the Company's 2015 Growth Strategy. " Wiboon added
Currently, Siam Wellness Group Public Commpany Limited or "SPA" operates 19 branches of spa under 3 brands which are "RarinJinda Wellness Spa" - 5 stars brand (total 3 branches), "Let's Relax" - 4 stars brand (total 12 branches) and "Baan Suan Massage" - 3 stars brand (4 branches). Also, the Company operates the resort and restaurant business in Chiang Mai under the brand "RarinJinda Wellness Spa Resort", "Deck1 Exotic Scene & Cuisine" and "D Bistro", the spa product business under "Blooming, Siamese Wellness Secrets" and the massage school business under "Blooming Thai Massage School". The company listed in MAI, Stock Exchange of Thailand on October 31st, 2014.