Bangkok 15 June-Siam Makro Plc. (MAKRO) changed its name to "CP Extra Public Company Limited" today and is expected to start changing its stock symbol to "CP Extra Public Company Limited" on June 21. “CPAXT” creates clarity for wholesale and retail businesses. to support business expansion abroad by still using the department store brands "Makro" and "Lotus" as before
Mr. Tanin Buranamanit, Chief Executive Officer of CP Extra Public Company Limited, revealed that since June 15, 2023, the company has officially changed the company name to CP Extra Public Company Limited. or CP Axtra Public Company Limited and it is expected that on June 21, 2023, the new stock symbol will be changed to CPAXT to correspond with the change of the company's name. That reflects business operations that cover both wholesale (Makro) and retail (Lotus), including the business of renting shopping center space. It will also increase mobility. In expanding the business to some countries where there may be restrictions on the use of Makro or Lotus brands as well
Mr. Tanin further said that after changing the company name, the company continues to operate in accordance with the same guidelines. While the sourcing policy remains open and cooperates with business partners. To offer a variety of quality products at affordable prices and ready to support SMEs and small farmers as a sales channel to bring quality Thai products to markets both domestically and internationally. country Create stable business growth along with society, environment and good governance. .-Thai News Agency
Source: Thai News Agency