What:  Central Group gets control over a network of 19 malls in Thailand.

Why it is important:  Central is significantly increasing its reach and retail footprint in the country by consolidating activities and stores since the beginning of the pandemic.

Central Group has taken a 52,15% controlling stake in Siam Future Development, a real estate company operating 19 malls in Thailand including the Mega Bangna flagship and smaller units mixing entertainment, dining and convenience stores.

Central Group takes control of Bangkok's Mega Bangna parent