Under the partnership agreement, CPN will hold 51 per cent in the joint venture, while the remaining 29 per cent and 20 per cent will be owned respectively by Common Ground Works and MSB Asia. Mall operator Central Pattana has announced plans to enter the co-workspace market in Thailand forming a JV with Common Ground Works and Central Pattana . MSB Asia will hold a 51% stake, with Common Central Pattana and MSB Asia holding 29% and 51% respectively. The company will open its first co-working location in early 2019 and plans to open 20 branches over early 2019 as part of a BHT800m ( $24.3m ) investment.
Mall operator Central Pattana has announced plans to enter the co-workspace market in Thailand forming a JV with Common Ground Works and Central Pattana . MSB Asia will hold a 51% stake, with Common Central Pattana and MSB Asia holding 29% and 51% respectively. The company will open its first co-working location in early 2019 and plans to open 20 branches over early 2019 as part of a BHT800m ( $24.3m ) investment.