SPC Samlip signed a memorandum of understanding with Siam Makro, a retail affiliate of Thailand s biggest conglomerate CP Group, to enter the Southeast Asian country s bakery market, the company said Monday. It is the company s first partnership deal with a foreign company to seek overseas business. SPC Samlip and Siam Makro are considering the establishment of a joint venture to produce and distribute Korean bakery products in Thailand.