Bangkok, Thailand: Members at Thai Country Club have been assured that ‘business operations will continue as normal’ following a restructuring at the award-winning Bangkok venue.
Members were advised of the changes in a letter signed jointly by Martyn Sawyer, Group Director, Properties at Hong Kong and Shanghai Hotels (HSH), and Prasong Phataraprasit, on behalf of the Phataraprasit family.
The letter, which was also posted on the club’s website, stated: “We would like to inform you that the Board of HSH-Siam Chaophraya Holdings Co Ltd (‘HSH SCH’), being the owner of Thai Country Club, has made the decision to restructure its assets amongst its shareholders, Peninsula International Investment Holdings Limited and the Phataraprasit family.
“Following the completion of the restructuring, the joint venture relationship between the parties will cease. This means that upon completion of the restructuring, HSH and its management companies, Peninsula Bangkok Hotel Management Limited and Peninsula Clubs and Consultancy Services, will relinquish responsibility over the development, management and future operations of the Thai Country Club and its associated land to the Phataraprasit Shareholders who will own 100% of the club.
“Over the past 24 years, the Club has gained an excellent reputation as one of the premier golf clubs in Asia and we have always done our best to serve you and your guests. We would like to reassure you that your membership of Thai Country Club will not be affected and business operations will continue as normal following the restructure.”
The letter added that John Blanch, the club’s General Manager, ‘is committed to overseeing the transition process and we would jointly like to express our heartfelt appreciation for your continued support over the past 24 years of operation’.
A Facility Member of the Asian Golf Industry Federation, Thai Country Club opened in December, 1996.
Designed by Dennis Griffiths, the club gained international exposure in 1997 when it hosted the Asian Honda Classic, won by Tiger Woods.
Renowned for its immaculate course conditioning, high level of service, excellent cuisine and luxurious changing room facilities, the club has been the venue for numerous other high-profile championships over the course of the past 20 years, including the Thailand Open, Volvo Masters of Asia and the Thai leg of the Johnnie Walker Super Tour.