Sign up | Log in



Home  >>   Daily News  >>   Thailand News  >> Investment  >> Thailand's CP All mulls over Siam Makro takeover

NEWS UPDATES Asean Affairs   24 April 2013  

Thailand's CP All mulls over Siam Makro takeover
A bid could come as early as this week: source

[BANGKOK] Chain store operator CP All, controlled by Thailand's richest man Dhanin Chearavanont, is weighing a takeover of wholesaler Siam Makro Pcl which has a market value of US$5.7 billion, people with knowledge of the matter told Reuters.
CP All is part of unlisted Charoen Pokphand Group, and runs the 7-Eleven convenience stores in Thailand. Mr Dhanin shot to prominence last year when his business empire agreed to buy a US$9.4 billion stake in Ping An Insurance Group Co of China from HSBC plc.

Siam Makro, the country's sole cash-and-carry wholesaler, halted shares yesterday for two days pending an announcement. CP Group has long been planning to expand its retail business. Mr Dhanin has said he is keen to buy overseas retailers.
Siam Makro is controlled by privately held Dutch trading company SHV Holdings. SHV could not be reached for a comment. CP All declined to comment.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories    24 April 2013   Subsribe Now !
• ASEAN Community 2015 is Top Priority at 22nd ASEAN Summit Subcribe: Asean Affairs Global Magazine
• Thailand's CP All mulls over Siam Makro takeover Asean Affairs Premium
• Free trade zone for Asia-Pacific?
• EU foreign ministers agreed Monday to lift the last of the bloc's trade, economic and individual sanctions against Myanmar
• Capital industrial production soars
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Companies merge to offer online payment platform
• Guns major cause of crime — survey 
• Thai bourse announces two members elected to its board
• Myanmar president frees 56 political prisoners
• Lee Kuan Yew Fund for Bilingualism supports two early childhood events
• KNM unit files injunction to stop winding-up petition
Asean Analysis             24 April 2013      Advertise Your Brand
• Asean Analysis- April 24, 2013  
• Asean Weekly- April 19, 2013 Sponsor Our Events
Asean Stock Watch      24 April 2013 
• Asean Stock Watch- April 24, 2013  

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand