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New Nordic Group

Rehabilitation Portal

Ensuring Continuity and Transparency

New Nordic Development Co., Ltd. has initiated a voluntary rehabilitation procedure under Thailand’s Bankruptcy Act.

A message from the Director

The COVID-19 pandemic has delivered an unprecedented impact on the global economy and the tourism industry. More than ever, this has called for the ability to swiftly adapt to the needs of travelers, vacationers, and other stakeholders amid these uncertain times. New Nordic Development Co., Ltd is committed to taking the necessary steps to secure our future by using the mechanisms afforded by Thailand’s Bankruptcy Act to become stronger and more resilient to unforeseen changes while placing significant emphasis on the well-being of our customers, employees, and stakeholders.

Siripoom Boonmamuang | Director, New Nordic Development Co., Ltd

The following properties are currently affected by the restructuring of New Nordic Development Co., Ltd: 

  • New Nordic Atrium
  • New Nordic Castle 1
  • New Nordic Castle 2
  • New Nordic Club 1 – 3
  • New Nordic Marcus 2
  • New Nordic Marcus 3
  • New Nordic VIP Suites 2 – 6
  • New Nordic Trend 1 – 7
  • New Nordic VIP 1 – 6
  • Phetchaburi Park
 
For investors in other properties, see the FAQs.

Sustainability

New Nordic Development Co., Ltd aims to re-establish sustainable, profitable growth and maximizing returns to stakeholders by revisiting our fundamentals.

Improvement

New Nordic Development Co., Ltd endeavors to gather feedback on how to serve our tenants better and improve the New Nordic experience.

Notices

How does the rehabilitation procedure work?

Refer to our information page here:

Read more

Need more information?

We understand you may have specific questions about the rehabilitation procedure. Please refer to our Frequently Asked Questions (FAQs) or contact us directly.

Our FAQs
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IMPORTANT NOTICE

This portal aims to provide information from the New Nordic Group in Thailand regarding the ongoing rehabilitation being carried out under Section 90 of the Bankruptcy Act B.E. 2483 (1940 A.D.), as amended.  

The notices provided herein will be both official and unofficial announcements as well as various court filings.

The portal also provides general background on the Thai Bankruptcy Act.  Note that this is general information and DOES NOT CONSTITUTE LEGAL ADVICE.  By using this website, you hereby understand and accept the limitations of this portal. If you require further clarifications, you are advised to consult a professional.

By proceeding further, you confirm that you have read and agree to these conditions.