The major shareholder is CP group, holding 85% of the shares, and 15% of minority shareholders.

  • The company is expected to have a proportion of Omnichannel to total sales of 15-20% in the next 2-3 years.
  • In 2023, The company had a proportion of Omnichannel to total sales of 13%

In 2024, the Company plans to have an investment of approximately Baht 15,000 million, which will be used for the operations. However, if there is a project or investment plan that can generate rapid returns, the Company may request for additional approvals from the Board of Directors.

  • The occupancy rate has been improving steadily since the end of 2022, and expected to back to pre-covid-19 by 2024
  • The Company and its subsidiaries plan to expand rental space in the existing stores, where the decoration styles and products are different for each group to meet more needs of the customers. In addition, there will be adjustments to various businesses in the store as well, by increasing domestic and international products to increase variety and make a difference with frozen food products, clothing, household items and electrical appliances. In terms of rental shops, there will be added new restaurants to attract new customers to spend more time and money. This will have a positive effect on mall income to have a better trend. Due to the mall extension scheme, the Company, and its subsidiaries are planning to increase the NLA by 30% from 2022 in the next 3-5 years.

Unless otherwise required, the Company’s Board of Directors has the policy, which has been effective from 1994 onwards, to seek approval from the Annual General Meeting of Shareholders to pay dividends not less than 40% of its annual net profit after tax from the consolidated financial statement.

To boost its competitiveness in Thailand and region, including increase the ability to fulfill client’s needs with a variety and price worthwhile of products and services by using in-depth data-analytic technology within the legal framework to better understand customers, which leads to the presentation of products and services that serves customer’s needs in both national and regional level.

To increase efficiency and flexibility of the group companies’ operations from the management of resources which includes;

  • The use of jointly existing assets in full potential including reducing the duplication of an investment which would occur in the future. For examples, stores, warehouses, distribution systems and etc. which would efficiently develop the organisation structure and create opportunities to obtain long-term return for Newco.
  • The combining of personnel’s expertise in wholesale and retail businesses, including enhancing the ability to efficiently use human resources which will help the Company to be able to maintain leadership status in the retail and wholesale business as well as to continuously expand the scope of business operation in the regional level.

To create value enhancement from the business synergy in both products and services, marketing activities and customer’s benefits which would increase NewCo’s opportunity to develop business in several aspects such as customer relationship management and promotional marketing, the expressing of corporate image with group of customers and etc.

To improve financial management efficiency in terms of both cash flow management, planning and investment procurement under NewCo.

To support local agriculturist, small producers and SMEs business operators with an aim to become the business partner, in both distribution channels and the development of knowledge in relation to products and business management, in order for local entrepreneurs to have sustainable growth and being the important driving force of the country’s economy.