Cape Holdings, owners of the 14 Riverside buildings that house the DusitD2 hotel, has suffered another legal setback after the High Court ordered it to vacate a disputed Spring Valley property linked to the contested hotel complex.
The ruling overturned an earlier decision that had allowed Cape Holdings access to the property, the centre of a long-running dispute with Synergy Industrial Credit Ltd. Synergy Industrial Credit, the creditor in the case, argued that the prior order contradicted a 2024 ruling barring Cape Holdings and its agents from dealing with the property.