BJC introduces restructuring programme

Berli Jucker (BJC), the SET-listed consumer goods manufacturer and owner of Big C Supercenter, has announced a business restructuring plan that separates its portfolio into retail, wholesale, production, imports and exports of consumer products.

Development and leasing of real estate, which is related to the retail and wholesale trade, is also being siloed.

All existing businesses of Big C are combined under the management of Big C Retail Corporation (BRC). BRC has registered capital of 87.1 billion baht, comprising 8.72 billion ordinary shares with a par value of 10 baht each.

BJC plans to list BRC on the Stock Exchange of Thailand and offer its ordinary shares to the public in an initial public offering (IPO) of no more than 29.9% of the total registered capital, which includes overallotment option shares.

After the capital increase and IPO, BJC said the total…