World

Do’s and Don’ts in Thailand if you are a tourist

Published

5 years ago

July 3, 2020

Tourists always find out as much as they can about a destination before they head out. Thailand is one of the popular destinations that you can pick to travel to and it has a lot to offer to tourists. One of the things that set geographical locations apart is the culture. People have a different way of life and there is a different way of doing things. Also, the rules may differ as set by different governments.

When heading out to Thailand, you should not be too hung on the do’s and don’ts because most discretion especially on a social level can be forgiven. This is because even foreigners have got their ways and customs. However, by knowing the do’s and Don’ts, it is possible to earn respect from the hosts, it is important to respect the royal family as well as the religion, which is Buddhism.

The do’s in Thailand

You need to respect the images of Buddha because they are sacred and any sacrilegious acts can lead to imprisonment even if you are a foreigner.

You should also dress appropriately if you mean to visit a temple. Temples are considered sacred and you have to remove your shoes before entering. The same is true about entering some shops and people’s houses.

Monks ought to be treated respectfully.

It is important to remain calm regardless of the kind of provocation or problem that may present itself.

You should eat with a spoon. A fork can be used to load the spoon with food. You should learn as much as you can about eating etiquette.

It also helps to learn some of the lost basic phrases like saying thank you and hello. It helps you interact with the locals better.

Try to smile as you move along. It helps when you understand the Thai smile as it improves your sociability.

Understand the whole concept of sanuk and try as much as you can to have fun.

Make sure you have a current visa if it is needed. You should find out whether you actually need a visa or not. Also, ensure you arrange for travel insurance and that it is adequate. This has got a lot of importance.

The Don’ts In Thailand

You should never disrespect the royal family. This is a criminal offense and insult to the monarchy.

When there is a monk around do not cross legs regardless of whether you are sitting in a chair or on the floor.

You should avoid touching the women in Thai unless express consent is given. This is regardless of imagery that is portrayed in clubs or bars. Most of the women in Thai happen to be conservative.

Do not show too much affection while in public while it is common for couples to hold hands. Snogging is looked down upon. The western behavior is different from that of Thailand.

Do not touch any person’s head or try ruffling their hair, an apology should be given should this happen.

While there are many things to do and not to do in Thai, you can have some online. There are lots of games you can engage in safely. The Golden Slot casino offers a wide range of games from different game providers to make your experience even better. Also check this website that rates Asian online casinos.

World

TRG Chairman Khaishgi and CEO Aslam implicated in $150 million fraud

Published

1 week ago

June 23, 2025

Jenny Jackson

In a scathing 52-page decision, the Sindh High Court has found that TRG Pakistan’s management was acting fraudulently and that Bermuda-based Greentree Holdings historic and prospective purchase of TRG shares were illegal, fraudulent and oppressive.

The Sindh High Court has further directed TRGP to immediately hold board elections that have been overdue and illegally withheld by the existing board since January 14, 2025.

In the landmark ruling, the Sindh High Court has blocked the attempted takeover of TRG Pakistan Limited by Greentree Holdings, declaring that the shares acquired by Greentree, nearly 30% of TRG’s stock, were unlawfully financed using TRG’s funds in violation of Section 86(2) of the Companies Act 2017.

“Having concluded that the affairs of TRGP are being conducted in an unlawful and fraudulent manner and in a manner oppressive to members such as the Petitioner (Zia Chishti), the case falls for corrective orders under sub-section (2) of section 286 of the Companies Act,” Justice Adnan Iqbal Chaudhry concluded.

The case was brought by TRGP former CEO and founder Pakistani-American technology entrepreneur Zia Chishti against TRG Pakistan, its associate TRG International and TRG International’s wholly-owned shell company Greentree Limited. In addition, the case named AKD Securities for managing Greentree’s illegal tender offer as well as various regulators requiring that they act to perform their regulatory duties.

The case centred around the dispute that shell company Greentree Limited was fraudulently using TRG Pakistan’s own funds to purchase TRG Pakistan’s shares in order to give control to Zia Chishti’s former partners Mohammed Khaishgi, Hasnain Aslam and Pinebridge Investments.

According to the case facts, the Chairman of TRG Pakistan Mohammed Khaishgi and the CEO of TRG Pakistan Hasnain Aslam masterminded the $150 million fraud. They did so together with Hong Kong based fund manager Pinebridge who has two nominees on TRG Pakistan’s board, Mr. John Leone and Mr. Patrick McGinnis.

According to the court papers, Khaishgi, Aslam, Leone, and McGinnis set up a shell company called Greentree which they secretly controlled and from which they started buying up shares of TRG Pakistan. The fraud was that Greentree was using TRG Pakistan’s funds itself. The idea was to give Khaishgi, Aslam, Leone, and McGinnis control over TRG Pakistan even though they owned less than 1% of the company, lawyers of the petitioner told the court.

This was all part of a broader battle for control over TRG Pakistan that is raging between Khaishgi, Aslam, Leone, and McGinnis on one side and TRG Pakistan founder Zia Chishti on the other side. Zia Chishti has been trying to retake control of TRG Pakistan after he was forced to resign in 2021 based on sexual misconduct allegations made by a former employee of his. This year those allegations were shown to be without basis in litigation that Chishti launched in the United Kingdom against The Telegraph newspaper which had printed the allegations. The Telegraph was forced to apologize for 13 separate articles it published about Chishti and paid him damages and legal costs.

After Chishti resigned in 2021, Khaishgi, Aslam, Leone, and McGinnis moved to take total control over TRG Pakistan and its various subsidiaries including TRG International and to block out Chishti. The Sindh High Court’s ruling today has reversed that effort, ruling the scheme fraudulent, illegal, and oppressive.

It now appears that Zia Chishti will take control of TRG Pakistan in short order when elections are called. He and his family are now the largest shareholders with over 30% interest. He is closely followed by companies related to Jahangir Siddiqui & Company which have over a 20% interest. The result appears to be a complete vindication for Zia Chishti and damning for his rivals Aslam, Khaishgi, Leone, and McGinnis who have been ruled to have been conducting a fraud.

TRG Pakistan’s share price declined by over 8% on the news on heavy volume. Market experts say that this was because the tender offer at Rs 75 was gone and that now shares would trade closer to their natural value. Presently the shares are trading at Rs 59 per share.

According to the court ruling, since 2021, shell company Greentree had purchased approximately 30% of TRG shares using $80 million of TRG’s own money, which means that that the directors of TRG Pakistan allowed company assets to be funneled through offshore affiliates TRG International and Greentree for acquiring TRG’s shares – a move deemed both fraudulent and oppressive to minority shareholders. The Sindh High Court also found illegal Greentree’s further attempt to purchase another 35% of TRG shares using another $70 million of TRG’s money in a tender offer.

The ruling is a major victory for the tech entrepreneur Zia Chishti against his former partners and the legal ruling paves the way for him to take control of TRG in a few weeks.