Asean-focused. Ex-Head of Thai Research

Athaporn Arayasantiparb, CFA

Equity Bottom-Up

<p>The Central Group logo looks suspiciously similar to RBS, but today, the Group is worth only slightly less than Scotland's banking icon. If Thailand was the world, Central would be ancient Rome. The Chirathiwat family has survived intact for three generations, generally growing stronger. Today, they run the market leader in department stores, Central, and the conquered upcountry champ, Robinsons. Sure, they lost Big C to Charoen's Group, but not before they took the Vietnam unit yo. These guys are the kings of Thai retailing. Even in e-commerce, they have COL (Central Online). Their restaurant and hotel business is the second largest in the country, and that's just a side show! Find out more about this amazing family and how they did it: Sustain, grow, and dominate....All in a day's work!</p>

The Central Group logo looks suspiciously similar to RBS, but today, the Group is worth only slightly less than Scotland's banking icon. If Thailand was the world, Central would be ancient Rome. The Chirathiwat family has survived intact for three generations, generally growing stronger. Today, they run the market leader in department stores, Central, and the conquered upcountry champ, Robinsons. Sure, they lost Big C to Charoen's Group, but not before they took the Vietnam unit yo. These guys are the kings of Thai retailing. Even in e-commerce, they have COL (Central Online). Their restaurant and hotel business is the second largest in the country, and that's just a side show! Find out more about this amazing family and how they did it: Sustain, grow, and dominate....All in a day's work!

Thai-Coons (Ep. 3): RBS Logo...Seriously?

Thailand

CPN Retail Growth Leasehold REIT is a closed-end fund incorporated in Thailand. The Fund invests in shopping complex projects: Central Plaza Rama II, Central Plaza Ratchada-Rama II, & Central Plaza Pinklao.

CPN Retail Growth Leasehold REIT (CPNREIT TB)

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Thai-Coons (Ep. 3): RBS Logo...Seriously?

The Central Group logo looks suspiciously similar to RBS, but today, the Group is worth only slightly less than Scotland's banking icon. If...

Athaporn Arayasantiparb, CFA