Cosco inks JV deal with Siam Global | VG Cabuag

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Cosco inks JV deal with Siam Global | VG Cabuag
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Cosco Capital Inc. on Monday said it signed a joint venture (JV) deal with Thai firm Siam Global House Public Co. Ltd. to operate a one-stop warehouse, as the company will venture in the country’s big box home improvement market. Know more:

Cosco Capital Inc. on Monday said it signed a joint venture deal with Thai firm Siam Global House Public Co. Ltd. to operate a one-stop warehouse, as the company will venture in the country’s big box home improvement market.

The signing of the joint venture agreement took place at the head office of Siam Global House in Roi Et, Thailand, the company said. Siam Global is based in Thailand, with 76 stores selling building materials and home decorative products. Wilcon President Lorraine Belo-Cincochan said the company, which has been in operation for the past 45 years, said the company needs to double down on its strategy to fast-track its plans of expanding its product mix.

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