TV host sues F&B firm that took over his Thai eatery chain

TV host Pornsak Prajakwit and his business partner, who opened the first outlet of Porn's Sexy Thai Food in 2010, agreed to give up their majority stake to Jus Delish Group in November 2016, selling their shares for $2 as Jus Delish had agreed to inj
TV host Pornsak Prajakwit and his business partner, who opened the first outlet of Porn's Sexy Thai Food in 2010, agreed to give up their majority stake to Jus Delish Group in November 2016, selling their shares for $2 as Jus Delish had agreed to inject capital of $400,000 to expand the business.PHOTO: LIANHE ZAOBAO

Pornsak Prajakwit and his fellow co-founder allege deal breaches, business mismanagement

Television host Pornsak Prajakwit and his business partner, who received $2 for selling 60 per cent of their shares in the Thai restaurant chain they founded, are suing the food and beverage company that took over the business.

Mr Pornsak and Mr Foo Tuan How, who opened the first outlet of Porn's Sexy Thai Food in 2010, had agreed to give up their majority stake to Jus Delish Group in November 2016.

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A version of this article appeared in the print edition of The Straits Times on January 09, 2019, with the headline 'TV host sues F&B firm that took over his Thai eatery chain'. Print Edition | Subscribe