Ayala Enters Thailand Market with CP AXTRA Partnership

Ayala enters Thailand market with CP AXTRA partnership

Conglomerate Ayala Corp. is entering Thailand through a partnership with CP AXTRA Public Co. Ltd., the operator of ASEAN’s leading wholesaler-retailer brands Makro and Lotus’s, to strengthen mall development and asset management for Makro.

CP AXTRA taps Ayala for mall development, asset management at Makro Thailand

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 and asset management at its Makro establishments in Thailand.

Ayala brings mall expertise to Thailand through CP AXTRA partnership

Ayala Corp., through its consumer retail and mall arms, ACx Holdings Corp. (ACx) and AyalaLand Malls Inc. (Ayala Malls), will help leading Association of Southeast Asian Nations (ASEAN) wholesaler-retailer CP AXTRA Public Co. Ltd. improve its mall assets in Thailand, starting with its Makro stores.CP AXTRA, the operator of Makro and Lotus’s, has tapped the Ayala Group to help strengthen mall development and asset management at Makro in Thailand …

CP AXTRA Partners with Ayala to Strengthen Mall Development and Asset Management

BANGKOK, THAILAND - Media OutReach Newswire - 28 May 2026 -CP AXTRA Public Company Limited, the operator of ASEAN's leading wholesaler - retailer Makro and Lotus's, will...

CP AXTRA Partners with Ayala to Strengthen Mall Development and Asset

BANGKOK, THAILAND – Media OutReach Newswire – 28 May 2026 – CP AXTRA Public Company Limited, the operator of ASEAN’s leading wholesaler – retailer Makro and Lotus’s, will strengthen mall development and asset management at Makro in Thailand under a Memorandum of Cooperation (MoC) signed with Ayala Corporation, one of the Philippines’ largest conglomerates. Through […]