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Thursday, May 2, 2024

CJ More decides to postpone IPO filing

Firm cites economic, political factors

Mr Veeratham at a recent CJ More press conference. He said CJ More sees a number of challenges in the market, including the impact of El Niño on the agricultural sector.

CJ More Co, the parent firm of CJ Express Group which operates CJ More super-convenience stores and CJ supermarkets, has postponed its filing to the Securities and Exchange Commission for its initial public offering (IPO) on the Stock Exchange of Thailand for 1-2 years.

The decision comes in light of the weak market sentiment and uncertainties surrounding the…

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