Charoen Pokphand Foods Public Company Limited, or CPF, informed the Stock Exchange of Thailand that it has established a new subsidiary in Cambodia to engage in the food products trading business. The new company is named Kraya Food Co., Ltd. with registered capital of 200 million Cambodian riel, or approximately 1.64 million baht. C.P. Cambodia Co., Ltd., a subsidiary of CPF, holds 100% of the shares. The funding for the establishment of this subsidiary came from the cash flow of C.P. Cambodia Co., Ltd., and the purpose of the establishment is to conduct the food products trading business in Cambodia.
Charoen Pokphand Foods Public Company LimitedCPF establishes a new Cambodian food-trading subsidiary with 200 million riel capital, expanding its business footprint.
