CP Axtra Plc, the operator of wholesale and retail stores Makro and Lotus's, plans to strengthen Makro's mall development and asset management in Thailand under a memorandum of cooperation signed with Ayala Corporation, one of the Philippines' largest conglomerates.

Bangkok-based CP AXTRA Public Company Limited—the operator of Makro and Lotus—has tapped the Philippines’ oldest conglomerate, Ayala Corporation, to strengthen mall development…

CP Axtra Plc, the operator of wholesale and retail stores Makro and Lotus's, plans to strengthen Makro's mall development and asset management in Thailand under a memorandum of…