Thai tycoon denies information that Chinese own Big C Vietnam

After social media spread the message that the new owner of Big C Vietnam supermarket is actually 3 Chinese companies, Central Group denied this information.

The information was said to be given by a lawyer at a law firm in Ho Chi Minh City.Accordingly, these three companies have a capital contribution ratio of 99.98% + 0.01% + 0.01%.

The lawyer also pointed out that although the new legal representative of the supermarket is a Thai, he does not have a capital contribution ratio, or in other words, he is a Thai General Director hired by China. The remaining 3 shareholders holding Big C are living in China and the business registration office is in Hong Kong (China). However, Central Group still claims that this is a Thai enterprise.

Big C is owned by a Thai family group.

In response to this information,Central Group has just issued a statement confirming that they are a 100% family-owned Thai corporation. And the edited content posted on social media sites is completely fabricated.

The company was founded in 1947, from a small shop in Bangkok run by the Tiang Chirathivat family. The group is still owned by the Chirathivat family. Central Group began investing in Vietnam in 2011 by cooperating with domestic partners such as Nguyen Kim, Lan Chi Mart, and most recently Zalora and Big C. In early 2016, Central Group added the Big C brand to the list of brands of its member companies in Vietnam.

The Group has made many contributions to the sustainable development of society, implemented community programs, committed to supporting the development of local supply sources, and contributed to promoting the export of Vietnamese goods. In early July, Central Group successfully organized the Vietnamese Goods Promotion Week at Bangkok's largest shopping mall - Central World.

According to VNE