4 stories mentioning BKK:CRCUpdated 4d ago
Every FINWIRES story that references BKK:CRC, newest first.
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Central Retail Corporation (BKK:CRC) has an average rating of overweight and mean price target of 29.59 baht, according to analysts polled by FactSet.
Central Retail (BKK:CRC) subsidiary Central Food Retail (CFR) has agreed to acquire 100% of AEON (Thailand) for an undisclosed sum, according to a Friday filing with the Stock Exchange of Thailand.Aeon's (TYO:8267) Thailand arm operates 30 Max Valu supermarkets and has registered capital of 890 million baht.The transaction is expected to expand CFR's supermarket network and add more than 900,000 customers to its base.Upon satisfaction of all conditions precedent, the acquired stores will be rebranded under the TOPS banner and integrated into CFR's ecosystem to improve operational efficiency.Although Aeon is exiting Thailand's supermarket sector, it will continue operating other businesses in the country, including Tsuruha drugstores, amusement facilities and financial services, Nikkei reported.
Central Retail (BKK:CRC) has an average rating of overweight and mean price target of 24.16 baht, according to analysts polled by FactSet.
Central Retail Corporation (BKK:CRC) has formed a step-down subsidiary named Heritage Croc (Thailand) to expand its fashion business portfolio and enhance the growth potential of the business, according to a Tuesday filing to the Thai stock exchange.The company's shares were down over 1% in Wednesday's trade.The new entity is under Central Trading, which is wholly owned by the company. It has been formed to import and distribute fashion products under the Lacoste Brand in Thailand.Central Trading owns an 80% stake in the new company, while I.C.C. International holds the remaining 20% stake.
