* To spend up to $218 mln on new stores, warehouse * Plans to seek licence for China later this year * Will apply to open outlets in Myanmar, Laos, Cambodia * Shares down, but outperforms over past 12 months (Adds details) By Saranya Suksomkij BANGKOK, Jan 30 (Reuters) – CP All, Thailand’s largest convenience […]
Monthly Archives: February 2013
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The Thailand-based Charoen Pokphand Group (CP Group) has bought HSBC’s shares in Ping’an Insurance Co., replacing the latter as the insurer’s largest stock holder. The China Insurance Regulatory Commission on Friday gave the go ahead for CP Group to buy all of HSBC’s stakes in Ping’an, or 15.57 percent of stock in the country’s second-largest […]