Published by
The Bangkok Post
The Bangkok Post
Shopping centre operator MBK Plc intends to buy stakes in Thai street food brands as part of its efforts to reduce business risks and raise new income. Somphol Tripopnart, MBK’s managing director of shopping centre business, said the company is now in talks with 4-5 popular street food brands in Bangkok, Chiang Mai and Chachoengsao to buy 51% stakes in these companies. MBK aims to close at least two such business deals next year. “The company’s board [of directors] just approved this idea, and the company wants food to be the new business pillar for MBK,” Mr Somphol said, attributing the compa…
