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Shocking Price Rises At Phoenix Golf Club Pattaya

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Minpin    9

Unfortunately, as Larry states this price and member stratagey will be closely followed by the other courses in the area.

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bartpix    25

At least the other clubs around Pattaya appear to have sense and are keeping their high season prices the same as last year or even less as Eastern Star have actually reduced their prices after midday for both weekdays and weekends.

I walked the 1st, 2nd and 9th holes of the newly opened Ocean course on Friday and found them to be unready for proper play with wide gaps between the resodding. I would say the course requires at least a month for settling and regrowth.

Edited by bartpix

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johninbkk    74

The only difference in the Bkk situation below, maybe, is that Phoenix memberships hold company share certificates, unlike most memberships, just members. Therefore we all have voting rights on decisions such as price increases, etc, etc.

Best way to approach the carnage, there are plenty of other courses, also why not book a tee time, and no show......

Obviously I'm really pissed. I suggest seek corporate law advice on the voting veto they committed in altering company business.

A while ago a golf course in Bangkok changed owners. It was featured in the Thai press at the time.

They threw out all the existing members and offered a rejoining deal.

I have the article published in the newspapers from a lawyer regarding the legality of this, but it is in my other computer, will post later. And no you don't have any legal recourse according to the lawyer.

New owners don't have to honour previous comitments.

This happened perhaps 10 years ago so perhaps the law has changed thou I doubt it.

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glanville63    24

They are now asking the members to pay an annual fee of 24,000 baht by the end of December. How do we know they won't take the money and not honour the agreement. They don't sound like very honourable people that we are dealing with here.

Edited by glanville63

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For members if you play twice a week for 52 weeks a year the cost would be Baht 1,580 per round without a tip for the caddy.

For non-members a weekday round will set you back Baht 3,450 without a tip for the caddy.

Interesting that the female decision maker at Phoenix is a steel company magnate while her husband is a commissioner of the National Broadcasting & Telecommunications Commission (NBTC)

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glanville63    24

I've heard that there is an office in Chonburi that deals with consumer complaints. If enough of us ask them for assistance re this rip-off, we might be taken seriously.

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choevy    0

They are now asking the members to pay an annual fee of 24,000 baht by the end of December. How do we know they won't take the money and not honour the agreement. They don't sound like very honourable people that we are dealing with here.

Add insult to injury, its no longer a lifetime membership. The membership is good for 25 years. I bought my membership at Phoenix last year and they completely throw out the terms and conditions out the door. My wife is translating the member newsletter stating the new new rules and regulations and I seriously thought she was just screwing with me. She also informs me that one of the primary investor is Thaksin's wife. REALLY? BLEEEEP ME.

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choevy    0

I've heard that there is an office in Chonburi that deals with consumer complaints. If enough of us ask them for assistance re this rip-off, we might be taken seriously.

Glanville63, I'd be interested in this information if you can get it. I'd like to gather a list of existing members who also share the same concerns to lodge a formal complaint. Only vehicle to reach out to existing Phoenix members is this forum and I'd like to give it a shot.

I've wasted enough time complaining to my mates ;-)

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glanville63    24

There is actually a consumer complaints office in north Pattaya Road opposite Tesco Lotus. My friend had some trouble with Phoenix when they were owned by Siam Commercial Bank and they brought pressure to bear on them because they were giving Thailand a bad name. They sorted it for him. Our Phoenix Members Action Group have now opened a forum site on Facebook so if you would like to air your views leave a posting on

https://www.facebook.com/PhoenixGolfMembersActionGroup

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Minpin    9

The only difference in the Bkk situation below, maybe, is that Phoenix memberships hold company share certificates, unlike most memberships, just members. Therefore we all have voting rights on decisions such as price increases, etc, etc.

Best way to approach the carnage, there are plenty of other courses, also why not book a tee time, and no show......

Obviously I'm really pissed. I suggest seek corporate law advice on the voting veto they committed in altering company business

If I was a shareholder I would first look at the contract you signed, presumably in your native laguage so no confusion on wording, and how the word shareholder is defined. Perhaps the owner has bought 51% of the shares? If so what can be done?

If an SET listed company lots of info online.

My membership at another club is also a shareholding membership and it clearly states one's rights involving selling, change of ownership etc. but is owned by a SET listed company.

Is the 24000 baht a year and 400 baht a round correct. If so that is expensive.

My club is an annual fee or 400 baht a round for members.

.

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Jai Dee    1,923

I too am a member and having just returned from holidays in Oz to see this letter in the mail from Phoenix GC is outrageous.

I have several friends who bought our lifetime memberships at the same time, so will contact them to look into options.

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bartpix    25

I went to my lawyer today with my share certificate, transfer document and the 6 page letter from Phoenix detailing the changes they were initiating. Having read above she noted there was no mention of change of Directors and asked if I had received minutes of meeting 1 or meeting 2 as they are obliged by law to provide.

Lacking this information we headed to the DBD office in Banglamung ( the Thai equivalent of “The Companies Office” ). Here after purchasing 225 photocopies of the share register, we were able to establish the following:

  1. Phoenix Golf & Country Club Pattaya Co. Ltd. Was registered on March 19, 2511 (1968)
  2. Total shareholders ……… 1252
  3. Thai shareholders ……… 697
  4. Foreign shareholders …… 555
  5. The change of Directors occurred on 23 September 2556 (2013)
  6. There are four Directors: (Phonetic spelling direct from written Thai) Mrs. Janya Sawangjit Mrs. Somsri Charoensiriwat Miss Rattana Tripipatkhun Mr. Tongchai Tripipatkhun
  1. Also got a copy of shareholders rights in Thailand which will take a bit of translating.

By law we (the shareholders) should have received minutes from these meetings to make us aware of intended changes but we ALL as members can go into the registered office of Phoenix Golf & Country Club Pattaya Co. Ltd. now transferred to the clubhouse and demand a copy.

Success doesn't come easy (Anon)

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Jai Dee    1,923

Nice work bartpix.thumbsup.gif

Unfortunately I'm off to Singapore tomorrow then Indonesia for work, but I'd encourage other members who do have time available to do similar.

With the ratio of foreign shareholders to Thai shareholders perhaps there's grounds for issuing minutes (and other correspondence) in English too...

Although I note with irony the number of foreign shareholders is 555...whistling.gif

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BANGKOK 25 September 2017 07:46
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