Thailand’s Central Group plans IPO of department store unit

Thailand’s capital city Bangkok at dusk. Photo: Marla/Pixabay

Central Group, Thailand’s largest mall operator, said on Wednesday it would list its Central Retail Corporation unit, which will combine retail businesses in Thailand, Vietnam and Italy.

“We are reaching customers in new ways through physical and digital platforms,” Central Group President Yol Phokasub said in a statement.

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