OR joins hands with partners to penetrate the health and beauty market in Thailand.

Bangkok, OR joins hands with Suki Holdings, one of the largest and fastest growing drugstore network leaders and nanotechnology platform leaders in Japan. Move forward with the Health and Beauty business to strengthen the lifestyle. and expand the portfolio into businesses beyond oil. and expanding the customer base to groups that care about health and beauty Aiming to open the first branch in mid-2024. Mr. Disthat Panyarachun, Chief Executive Officer of PTT Oil and Retail Business Public Company Limited or OR, and Mr. Katsunori Sugiura, representative of the Executive Chairman and Representative Director and President Sugi Holdings, one of the largest and fastest growing drugstore network leaders and leaders in nanotechnology platforms in Japan. Participated in signing a cooperation agreement to be a business partner in Tokyo, Japan. To study health and beauty market opportunities in Thailand Ready to select products of good quality, good value and unique characteristics to meet the needs of Thai consumers today. The health and beauty market in Thailand is the second largest industry in Southeast Asia. With a value of over 350 billion baht in 2022, along with health and beauty trends are becoming popular for today's consumers. with consumers turning to take care of themselves more This is an important opportunity for OR to invest in this business in order to create a New S-Curve and expand its portfolio into businesses beyond oil. And expanding the customer base to those who care about health and beauty, OR has collaborated with potential business partners from Japan, Korea and Thailand to launch a new retail format (New Retail) by opening up a shopping experience that More comfortable Both in offline and online formats To present health and beauty products that are novel. Satisfying consumers and has a good price Cooperation with Suki Holdings from Japan this time. It is considered an important starting point in OR's journey towards becoming a leader in the health and beauty retail market. Suki Holding will offer health and beauty products. as well as supporting Japanese knowledge and technology, while OR has strengths in business networks throughout the country. along with the Blue Plus loyalty program to strengthen growth in the Thai health and beauty retail market. OR and Suki Holdings have a business strategy and determination to deliver an experience that Good for Thai customers together Ready to plan to introduce new products from Japan. To the Thai consumer market within 2024. Sugi Holdings is a company that operates with many subsidiaries such as Sugi Pharmacy, which has more than 1,500 stores throughout Japan, and Sugi Medical. Medical) that provides medical care services, etc., by Suki Holdings has a wide selection of health and beauty products, high quality and exotic for the Thai market. With the concept of being customer-centered with a vision of health services tailored to each individual consumer In addition, nanotechnology has been applied to increase product efficiency. This is considered an im portant opportunity to make a difference and provide a new choice for consumers. In addition, OR continues to seek business opportunities in the health and beauty sector. and continues to develop cooperation with potential partners With the intention of delivering quality health and beauty products to consumers. As well as continuing to strengthen the Lifestyle business. Source: Thai News Agency