ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Retail

Thai retailer eyes bigger slice of Southeast Asia after record IPO

Central Group unit's $8.1bn market cap makes it 13th-largest listed company

Central Group Executive Chairman and CEO Tos Chirathivat, second from left, poses during Central Retail's IPO ceremony in Bangkok on Feb. 20. (Photo by Akira Kodaka)

BANGKOK -- Thailand's retail conglomerate Central Group is hoping to drive further expansion in its department store business in Southeast Asia through newly listed subsidiary Central Retail Corp.

"Our focus is to expand our business in Thailand and Vietnam," Central Retail CEO Yol Phokasub told the Nikkei Asian Review on Thursday in an exclusive interview after the company's debut on the Stock Exchange of Thailand.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more