Picture courtesy of The Nation Thailand/Asian News Network
BANGKOK, Aug 30 (The Nation Thailand/ANN): CP All Laos Co Ltd, which is 99.99 per cent held by Albuera International Limited, CP All Plc's 100 per cent owned subsidiary, has entered into a master franchise agreement with 7-Eleven, Inc to establish and operate 7-Eleven convenience stores in Laos for 30 years.
CP All Plc reported to the Stock Exchange of Thailand (SET) on Friday (August 28) that under this contract, both parties may consider extending the contract two times, each time after 20 years.
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