Takashimaya to open Bangkok store in 2017

Singapore

IN LINE with its strategy to grow its footprint overseas, Takashimaya Co will operate a department store, Siam Takashimaya, in Bangkok's upcoming large-scale mixed development ICONSIAM, which opens in 2017.

Takashimaya Singapore, together with the development's owner ICONSIAM Co, will incorporate a joint venture company called Siam Takashimaya (Thailand) that will operate the department store. Takashimaya Singapore, which is a subsidiary of Takashimaya Co, will have a 51 per cent stake and ICONSIAM will hold the balance 49 per cent.