Making inroads in china

business July 10, 2017 01:00

By The Nation

Siam Makro sets up new subsidary

Siam Makro’s wholly owned company Makro ROH Co Ltd has set up a new subsidiary Makro (Guangzhou) Food Co Ltd in China, to do retail and wholesale and other related businesses. The subsidiary has initial registered capital of 50 million yuan (Bt250 million).

Makro ROH Co holds 100 per cent of the new subsidiary, according to Siam Makro’s filing to the Stock Exchange of Thailand last Friday.