New Nordic Group

Rehabilitation Portal

Frequently Asked Questions (FAQs)

Inquiries that have been frequently asked are listed below. Please contact us directly if your question has not been addressed by this FAQ section.

Notices will be provided by e-mail and announcements in this portal. Additional information will be sent by email or post, in accordance with the procedures set out by Thailand’s Central Bankruptcy Court.

If your email has changed, please contact us with your unit number and we will amend your details. 

For all matters related to the Company’s rehabilitation, please use the form provided in our ‘Contact us‘ page. The Company’s management team, sales team, and operations team will refer to all communications made through this portal.

Please fill in the contact form provided and supply us with details about your property.

For the duration of the filing, all civil actions against the company and payments to creditors are suspended.

Only New Nordic Development Co., Ltd. is affected at this stage, so only following properties are affected:

  • 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 

Please note that currently the following properties are not affected by this rehabilitation: 
  • New Nordic Club 4-6
  • Phuket Water World
  • Samui Water World
  • Samui Resort
  • Chumpon Coral Beach
  • Projects outside of Thailand

Not at this time. New Nordic Development Co., Ltd. has filed for voluntary restructuring under Thai Bankruptcy Law.

For the duration of the filing, all civil actions against the company and payments to creditors are suspended, pending court order.

As of now, there are no actions you need to take. You will be notified via e-mail and this website with instructions as to how you can file your proof of claim with the Legal Execution Department in Q2 2021 Q4 2021 (updated 27 May 2021). 

We are aiming to protect and then realize as much value for stakeholders as possible. The rehabilitation aims to prevent a corporate failure, which result in absolute loss. Updates on this process will be through emails to stakeholders according to details in sales contracts, and will also be posted to this portal.

Rehabilitation is a multi-year process and can take up to a maximum period of 5 years under Thai law. Additional years may be allowed by court order.

The contact form provided on this website is being monitored. We will get back to you in due course.

Claims are to be filed with the Legal Execution Department.

Instructions will be posted on this portal when available. 

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.