THAILAND: Clothing Firm To Build Pattaya Fashion Mall
Pena House Co, a Thailand-based clothing manufacturer, is to invest Bt1bn ($23.6m) in building a specialist fashion shopping mall in Pattaya. Pattaya Outlet Mall Co, a firm wholly-owned by Pena House, will be set up to operate the mall, which will be completed late this year. The investment forms part of Pena House's divestment strategy.