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Top 10 net buys and net sales last week by foreign investors

Top 10 net buys and net sales last week by foreign investors
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First 7-Eleven store in Cambodia to open mid-June: envoy

PHNOM PENH (The Phnom Penh/ANN): Thai retail conglomerate CP All Pcl will open Cambodia’s first 7-Eleven convenience store in mid-June, Cambodian ambassador to Thailand Ouk Sorphorn told The Post on Tuesday (June 1).

Thai delivery startup Flash says raises $150 mln, becomes unicorn

Thai delivery startup Flash says raises $150 mln, becomes unicorn Reuters 1 hr ago BANGKOK, June 1 (Reuters) - Thai logistics startup Flash Group on Tuesday reported its latest round of fundraising had generated $150 million, which it said pushed its overall value beyond the $1 billion mark, reflecting a surge in e-commerce demand. The new investment comes amid strong growth of online retail in Thailand at a time of prolonged coronavirus outbreaks and social restrictions. Flash Group chief executive, Komsan Lee, said among the company s next moves would be to expand elsewhere in Southeast Asia. Flash, founded in 2017, has not publicly disclosed a breakdown of investments in the company. Asked by Reuters about the valuation, Komsan said: Exceeded $1 billion, that s a unicorn .

First 7-Eleven store to open mid-June, ambassador says

Share First 7-Eleven store to open mid-June, ambassador says Tue, 1 June 2021 Thai retail conglomerate CP All Pcl will open Cambodia’s first 7-Eleven convenience store in mid-June, Cambodian ambassador to Thailand Ouk Sorphorn told The Post on June 1. The Bangkok-listed 7-Eleven franchise operator, the retail arm of Charoen Pokphand Group Co Ltd, granted CP All (Cambodia) Co Ltd franchising rights for 30 years in the establishment and operation of 7-Eleven branches, according to Thai local media reports. And CP All Cambodia plans to open at least six stores this year, the ambassador said, citing CP All officials in Thailand. Sorphorn said the inaugural branch will be at a PTT petrol station in northern Phnom Penh’s Prek Pnov district, with another scheduled for August in the Borey Peng Huoth gated community off National Road 6A, in Chroy Changvar district’s Prek Leap commune in the capital’s northeast.

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