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Largely Family-Owned Thai Firm Plans to Sell Non-Core Businesses.
Mar. 5--The Central Group has announced one of the most sweeping restructurings in its 70-year history, aimed chiefly at maintaining "consolidation" among the growing ranks of the Chirathivat family, shedding non-core businesses and meeting new competitive challenges.
The restructuring, now under way, would prevent family feuds that might arise from the growing business wealth of the Central Group, which is owned and run largely by the Chirathivat family.
Under the theme "restructuring for excellence", the new organisation will see one of Thailand's largest conglomerates concentrating on five mainstream businesses: retail, hotel, shopping centre ...
- Largely Family-Owned Thai Firm Plans to Sell Non-Core Businesses.
- Newspaper article from: Knight Ridder/Tribune Business News March 5, 2002 700+ words
...5--The Central Group has announced...ranks of the Chirathivat family, shedding...wealth of the Central Group, which is...largely by the Chirathivat family. Under the...company called Central Group to oversee the Chirathivat family's ...
- Thai restaurants offer novel approach to traditional fare.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) July 19, 2004 700+ words
...the concept is starting to take hold among other players including those associated with retail giant Central group's Chirathivat family and traditional Chinese (Cantonese-style) restaurant operators such as Shangrila and Hua Seng Hong...
- Thailand E...uity Fund Managers Expect 20 Percent Return over Five Years.
- Newspaper article from: Knight Ridder/Tribune Business News July 22, 2003 700+ words
...shopping complexes. Established in 1980, Central Pattana currently is 72.55 percent held by the Central Group, controlled by the Chirathivat family. CPN shares on the Stock Exchange of Thailand closed yesterday at 38 baht, up 75 satang, in...
- Thaksin is eliminated from Forbes Asia billionaires list.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) July 13, 2007 700+ words
...father. Forbes noted that a quarter of the members on the list claim their wealth from family ties. The Chirathivat family of the Central Group claim five places on the list with combined net worth of over $860 million, while the Vacharapol family...
- Bangkok Post, Thailand, Business Briefs Column.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) (via Knight-Ridder/Tribune Business News) August 6, 2002 700+ words
...foreign investors for new shares of CPN, the property arm of the Central group. Currently, CPN has paid-up capital of one billion baht. Its major shareholders are Chirathivat family with a 43.3 percent stake and Central Holding with 29.25...
- THAI NEWSPAPER HIGHLIGHTS - JUNE 28, 2002.
- News wire article from: AsiaPulse News June 28, 2002 700+ words
...England on June 21. - Now that the third generation of the Chirathivat family has taken the helm of Central Pattana Plc (CPN), the retail property development arm of Central Group is expected to grow more quickly. - Having a successful career...
- Thai Retail Property Development Firm to Expand Shopping-Centre Operations.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) (via Knight-Ridder/Tribune Business News) June 28, 2002 700+ words
...Intarakomalyasut Jun. 28--Now that the third generation of the Chirathivat family has taken the helm of Central Pattana Plc (CPN), the retail property development arm of Central Group is expected to grow more quickly. According to CPN president...
- Retail Property Development Firm in Thailand Set to Offer 6 Million Shares.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) (via Knight-Ridder/Tribune Business News) August 20, 2002 700+ words
...property development arm of the Central Group said it would announce the...Suchittra Mongkolkiti. The Central Group owns 72.55 percent of CPN...shares in the affiliate held by Chirathivat family members. CPN recently reported...