CP ALL Public Company Limited Announces Entering into Connected Transaction Regarding Trademark and Service Mark Licensing Agreement with CP Axtra Public Company Limited and CP Axtra AC Corporation
CP ALL Public Company Limited announced that the Board of Directors' Meeting held on 12 November 2025, approved entering into a connected transaction regarding trademark and service mark licensing agreement with related parties. Licensor: CP ALL Public Company Limited. Licensee: CP Axtra Public Company Limited ("CPAXT").
Entering into a licensing agreement of trademarks and service marks such as "makro", "aro", etc. for a period of 4 years, starting from 1 January 2026 until 31 December 2029. The fee is to be charged at the rate of 0.5% of annual sales of the first 10 stores of Makro in Thailand throughout the term of the contract.
It has a value of approximately THB 910 million. Licensor: CP ALL Public Company Limited ("the Company"). Licensee: CP Axtra AC Corporation.
Entering into a trademark and service mark licensing agreement for business operations in the Philippines for a period of approximately 5 years, starting from the date the agreement is signed until 31 December 2030. The fee is to be charged at the rate of 0.5% of total sales of all Makro stores in the Philippines throughout the term of the contract. It has a value of approximately THB 111 million.
CP All Public Company Limited is a Thailand-based company, which is engaged in operating convenience stores, wholesale business, retail business and malls, payment centers and related supporting services. It operates convenience stores under the 7-Eleven trademark and franchises for other retailers in the territory of Thailand. Its segments are Convenience stores, Wholesale business, Retail business and mall, and Other businesses. Its business includes convenience store retail business group, wholesale and retail business group of consumer goods, financial services, production and distribution of bakery, ready-to-eat food, frozen food, educational services, information services, marketing communication services and logistics management services. Its other businesses comprise bill payment services, banking agents, manufacturing and sale of ready-to-eat food, distribution and maintenance of retail equipment and other businesses that mainly support the convenience stores business.
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CP ALL Public Company Limited Announces Entering into Connected Transaction Regarding Trademark and Service Mark Licensing Agreement with CP Axtra Public Company Limited and CP Axtra AC Corporation