CP Extras (CPAXT) completed acquisition of 100% stake in The Food Purveyor for 1.6 billion Malaysian Ringgit (~13.1 billion baht), combining premium supermarket chains Village Grocer, B.I.G., BSC Fine Foods and OTK. This merger gives CPAXT over 120 retail branches across Malaysia, strengthening its premium segment reach and competitive position in ASEAN. Analysts view the deal neutrally, with valuation at 28x PE (below Malaysian retail average of 32x) and expected significant earnings contribution from 2026 onwards.