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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.

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