Following the richest man in Malaysia, a company owned by the family of the richest man in Thailand will land in A shares

CP Investments will be listed on A shares [Following Malaysia’s richest man, Thailand’s richest family’s companies will be listed on A shares] Recently, the Beijing Securities Regulatory Bureau’s official website disclosed that CP

Investments and CITIC Securities signed a listing guidance agreement and plans to be listed on the Shanghai Stock Exchange. Listed on the main board. Zhengda Investment has quite a history. It is a wholly-owned subsidiary of CP International,

which is a Hong Kong-listed company under the Thai multinational CP Group. The Xie family of CP Group has been named Thailand’s richest family by Bloomberg for many years. Just in October this year, Arowana, owned by Malaysia’s richest

man, Guo Henian, was also listed on the A-share market. Compared with the Chia Tai Group, its brands such as Chia Tai Feed and CP Lotus are better known to the Chinese. The CP Group, founded by Xie Yichu in 1921, has now grown to the

third generation of the Xie family. Xie Jiren, the helm of the third generation, is also the legal representative of CP Investments. According to the official website, the CP Group focuses on three major businesses of agriculture, animal husbandry,

food, commercial retail, and telecommunications and television, and is involved in more than 10 industries and fields such as finance, real estate, pharmaceuticals, and mechanical processing. Global sales in 2019 are approximately US$68 billion.

Chia Tai Investment is a subsidiary of Chia Tai Group’s agriculture, animal husbandry and food segment. It is mainly engaged in the production, processing and sales of feed and feed ingredients. The sales market is distributed in more than 20

provinces in China. (Daily Economic News, TY)