The company, which runs supermarkets and convenience stores in South-East Asia, is considering going public again in Bangkok.
This consideration would be through an initial public offering that could raise more than $500M, according to people and sources close to the matter. Discussions continue and the specifics of the potential offering are still subject to change the people said.
Founded by Thailand’s Central Group in 1993, Big C opened its first store on Chaengwattana Road. The company rose about US$112M in a Thai IPO a decade ago.
Big C operates 1,792 stores including convenience stores, supermarkets and hypermarkets in Thailand, Vietnam, Laos and Cambodia, according to its latest presentation. The company earlier this year acquired 18 Kiwi Mart stores in Cambodia and plans to rebrand them into Big C Mini stores.
