Page 409 - CRC_One Report 2021_EN

Business Overview and Performance Corporate Governance Financial Statements Enclosure
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Central Retail Corporation Public Company Limited and its Subsidiaries ries
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Notes to the financial statements ments
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For the year ended 31 December 2021 2021
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Name of the entity Type of business Country of 2021 2020
All associates were incorporated and mainly operate in Thailand, except for COL Vietnam Joint Stock Company

which was incorporated and mainly operates in Vietnam. incorporation Ownership interest
(%)
All joint ventures were incorporated and mainly operate in Thailand, except for Morningbliss SDN. BHD and
Robinson Sukhumvit Co., Ltd. Dormant company Thailand 98.39 98.39
Porto Worldwide Limited which were incorporated and mainly operates in Malaysia and Hong Kong, respectively.
R-Trading (BHD). Dormant company British Virgin 98.31 98.31

Islands
None of the Group’s and the Company’s associates and joint ventures are publicly listed and consequently they
SSHD Co., Ltd. Investing Thailand 99.99 99.99
do not have published price quotations.
C.R.G. Service Co., Ltd. Investing Thailand 99.99 99.99

CDF Holding Limited Investing Thailand 99.97 99.97

Consolidated

Central & Matsumoto Kiyoshi Limited Retail Thailand 51.00 51.00
Material movements
financial statements
Central Duty Free Shop Limited Dormant company Thailand 99.94 99.94
2020
2021

for the year ended 31 December
Central FamilyMart Co., Ltd. Convenience stores Thailand 99.99 99.99

(in million Baht)
Joint ventures and business
member shops
Acquisition share capital in Porto Worldwide Limited 4,452 -
Central Food Retail Co., Ltd. Supermarket Thailand 99.99 99.99
Increase in share capital in MUJI Retail (Thailand) Co., Ltd.
70

20
Central Food Retail E-commerce E-Commerce Thailand 99.96 99.96

Limited
Investments in joint ventures
Central Marketing Group (Shanghai) Dormant company China 99.99 99.99

Co., Ltd. (in liquidation
Acquisition
process)
Central Marketing Group Singapore Dormant company Singapore 99.99 99.99
In December 2021, the Group acquired 133,545,740 shares, equivalent to 67% of share capital of Porto
Pte. Ltd.
Worldwide Limited incorporated in Hong Kong for a consideration of Baht 4,452 million from a related
Central Online Limited E-Commerce Thailand 99.99 99.99
party, which became a joint venture between the Group and Central Pattana Public Company Limited
Central Retail Corporation (Vietnam) Department store Vietnam 99.99 99.99
(CPN). The purpose of this joint venture is to invest 40% shareholding in Grabtaxi Holdings (Thailand)
Joint Stock Company
Co., Ltd. The acquisition is in accordance with the obligations stipulated in the SPA which was approved
Central Pet and Me Limited Pet food and gadgets Thailand 99.99 99.99
by the Board of Directors’ meeting of the Company on 10 December 2019 and the Shareholders’
retail and service
meeting of the Company on 19 December 2019. Additional, in the future, Porto Worldwide Limited has
Central Trading Co., Ltd. Retail Thailand 99.99 99.99
the right to swap its shares, in part or entirety, in GrabTaxi Holdings (Thailand) Co., Ltd. with the Class
Cetrac International Co., Ltd. Service and investing Thailand 99.99 99.99
A ordinary shares of Grab Holdings Limited which listed on the NASDAQ with the designated price
within the specified period.
CHG Marketing Limited. E-Commerce Thailand 99.97 99.97
Child Boutique Manufactory Sdn. Dormant company Malaysia 99.99 99.99
Bhd.
Increase in share capital
CMG Asia Three Ltd. Dormant company United States 99.99 99.99

of America
During 2021, the Group made additional investments in MUJI Retail (Thailand) Co., Ltd. to increase
CMG Asia Four Ltd. Dormant company United States 99.99 99.99
share capital of 700,000 shares, amounting to Baht 70 million.
of America
CMG Asia Five Co.Limited Dormant company Hong Kong 99.99 99.99
During 2020, the Group made additional investments in MUJI Retail (Thailand) Co., Ltd. to increase
CMG Central Marketing Group Dormant company Malaysia 99.99 99.99
share capital of 200,000 shares, amounting to Baht 20 million.
Malaysia Sdn. Bhd.

CMG International Group Ltd. Dormant company United States 99.99 99.99

of America
CMG Vietnam Company Limited Dormant company Vietnam 99.99 99.99
Subsidiaries under “COL Public
Company Limited”
COL Public Company Limited Warehouse rental Thailand 99.74 -
B2S Co., Ltd. Stationary retail Thailand 99.74 -
Future Plus Limited Stationary franchisor Thailand 99.74 -
OfficeMate (Thai) Limited Office equipment Thailand 99.74 -
retail
B2S Vietnam Company Limited Dormant company Vietnam 99.55 -
(in process of
liquidation)
COL Vietnam Joint Stock Company Dormant company Vietnam 99.55 -
MEB Corporation Limited E-Book store Thailand 74.81 -
Officemate Omni Franchise Co., Ltd. Consultation service Thailand 99.74 -
19 48
Annual Report 2021 (Form 56-1 One-Report) 409