Charoen Pokphand Group Co., Ltd. denies its involvement in the strategic partnership agreement between Rapidz Pays and Thai Smart Card Co., Ltd.
With reference to the recent claims by Alliance Capitals that “Rapidz Pays signed a strategic partnership agreement with Thai Smart Card Co., Ltd. to jointly develop a cashless payment program for: 7-11 convenience stores, Chester’s Grill Outlet, True Coffee Stores, Makro Superstores, SF cinema and Rama 9 Grand Mercure Hotel” and that the Charoen Pokphand Group Co., Ltd.'s (C.P. Group Co., Ltd.) logo appeared as part of their activity,
C.P. Group Co., Ltd. wishes to clarify that our company has no involvement with this agreement.
Our company is at the moment considering the next appropriate set of measures and responses. We will provide an update as soon as it becomes available.
Corporate Communications Office
Charoen Pokphand Group Co., Ltd.