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Wat Koh Siray, with its golden reclining Buddha, sits on a hilltop from which there are spectacular views of Rassada Harbour and adjacent islands on the one side and views of rubber plantations on the other. It also overlooks the picturesque Sea Gypsy village of Laem Tuk-Kae. From the road you climb up a staircase flanked by huge dragons. The outside temple hall is surrounded by other Buddha images that you can walk around.

Accorhotels Southern Thailand once again organized the exciting and challenging event, the 3rd “Heartbreak” Hill Mini- Marathon 2017 at Khao Khad, Cape Panwa.

Mr. James Murphy, Area General Manager for Accor luxury hotel brands in Southern Thailand welcomed the guests of honor and runners in the early morning of September 17 after a warm up exercise.

It was our honor to welcome Mr. Noraphat Plodthong, Phuket Governor alongside with Phuket Vice Governor, Mr. Snith Sriwihok; the Deputy Commander, Third Naval Area Command; Phuket Public Relations Director of NBT Phuket; Director of Tourism and Sports, Phuket; Director of Sports Authority of Thailand Phuket Offi ce and followers and also general managers from AccorHotels Southern along with Talents and Culture AccorHotels Southern.

The Phuket Governor conducted the opening ceremony, then the 3,500 participants were ready to tackle either the 6km Fun run or the mini marathon 13km. As the excitement built runners started the course, a new location for the annual Heartbreak Hill event. The run led them through Khao Khad View Point up to the hills and along the beach and past the rubber trees around Cape Panwa area. It was the first year the route was held In this scenic location having changed from the Naithon area to this new course. The challenge was running up and down hills alongside entertaining groups from cheerleader groups and music along the way.

There are people in this world who bury their heads in the sand and wish that problems would go away, while others like to identify a problem and tackle it head on. There are still others who are smart enough to know that not every problem actually needs to be solved.

Recently we were contacted by a family who had planned to invest in Thailand by co-investment in a Thai company. However, their plans changed and they instead used a different structure for their investment.

As happens sometimes, other matters took precedence and the family forgot to maintain the company. They neither appointed auditors and accountants, nor carried out any business activities with regards to the company. This inactivity lasted six years and eventually the family wanted to check whether or not to just ‘let the company die naturally’ i.e. just leave it as it was, or whether any action was required.

Interestingly, and this is often the case, making enquiries on this matter with different government departments yielded a mix of different answers.

Approaching the Department of Business Development, it became apparent that the relevant company had been denoted as ‘struck off’.

The legal effect of this denotation is that technically the company should not be able to carry out any acts due to this status; it loses its ‘legal personality’ or legal standing at this time.

However, very importantly, what might have been overlooked is that the status ‘struck off’ does not protect the directors or management of the relevant company from liabilities relating to any aspects of the prior operation of the company, nor does it protect against any liabilities or penalties which may be imposed on the company.

The relevant issues which impact upon such a company are:

(a) obligations and liabilities relating to the Act Prescribing Offences Related To Registered Partnerships, Limited Partnership, Limited Company, Association and Foundation, B.E. 2499:

Under section 18, if a limited company fails to make a balance sheet, then the company shall be liable to a fine not more than 20,000 THB.

How did you first get involved in property development?
A: I started out at 24 years old with an engineering degree and lots of ambition. Eventually, I was able to do my own developments, focused mainly in Notting Hill in London. I still have several properties there. I first came to Phuket for the King’s Cup Regatta in 2006. Then on one of my trips to Phuket in 2007, I inspected the Kata Rocks site and knew as, a developer, that I needed to buy straight away. It checked all the right boxes: oceanfront, west facing for sunsets, perfect slope, huge rocks placed like ornaments in front of a resort that looks out at the majestic Koh Pu island.

What makes Kata Rocks so special?
A: I think Kata Rocks stands out for many reasons: Prime oceanfront site, all Sky Pool Villas with private infinity pools, great sea views, 460 sqm penthouses, outstanding resort facilities and signature Thai hospitality. Since its inception, Kata Rocks has won more international property awards than any other single development in the world including the title ‘Best Apartment in the World’ at the London finals, beating entries from 110 countries. Since then we’ve won over 50 international property and hospitality awards.

What was the inspiration for the Kata Rocks Superyacht Rendezvous?
A: We now have a truly iconic resort with this amazing futuristic superyacht inspired design with its wrap around glass and louvers. The Kata Rocks Superyacht Rendezvous (KRSR) brings together Kata Rocks villa owners, superyacht owners and those interested in yachting and luxury lifestyle, industry professionals plus international lifestyle, luxury travel and yachting media. Now in its second year, the KRSR has firmly established Phuket as the new superyacht hotspot and elevated the destination’s image. Together this attracts more discerning travellers to the island who are willing to pay for the best things in life.