Charoen Pokphand Foods Public Company Limited, or CPF, informed the Stock Exchange of Thailand that the company has established a new subsidiary in Cambodia to operate a food products trading business under the name Kraya Food Co., Ltd. The company has a registered capital of 200 million Cambodian riel, or approximately 1.64 million baht, with C.P. Cambodia Co., Ltd., or CPC, holding 100% of the shares and using CPC's cash flow as the funding source for the establishment of the company. This establishment of the subsidiary is an expansion of CPF's food products trading business in Cambodia to support the growth of its business in overseas markets.
Charoen Pokphand Foods Public Company LimitedCPF establishes a new Cambodian subsidiary, Kraya Food Co., Ltd., funded by CPC's cash flow, to expand its overseas food trading business.
