By Sujintana Hemtasilpa, Bangkok Post, Thailand Knight Ridder/Tribune Business News
Sep. 19--After nine months of uncertainty, Chulalongkorn University has agreed to renew the lease of Center Point, the teen landmark in Bangkok's Siam Square, to Pornpailin Development Co, for another three years.
Pornpailin Development managing director Pornarit Chuanchaisit said yesterday that the university, which has extensive land holdings including all of Siam Square, recently informed him of the extension to the five-year deal, which was due to expire in November.