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Tesco Lotus looks to expand
Thailand
Thursday 06 September 2012
MD
Tesco Lotus plans five new shopping malls in Thailand where its market share is estimated at 13%.
Tesco will invest $ 240 million in new malls.
Through an investment fund in Thailand, Tesco will raise $240 million to invest in five new shopping centres. Planned outlets are located in Phuket, Salaya, Nakornsrithammarat
, Rangsit Nakornnayok and Bangpoo.
Tesco Lotus has developed more than 1000 stores across Thailand and achieved a market share estimated at 13%.
Tesco Lotus has developed more than 1000 stores across Thailand and achieved a market share estimated at 13%.
source : finance asia, the asset
