Cosco Capital, Inc. has approved and signed on June 17, 2022, a Joint Venture Agreement with Siam Global House Public Company Limited to operate a one-stop warehouse for building and construction-related materials, home and garden decorative goods, home improvement goods, construction equipment, and tools. The signing of Joint Venture Agreement took place at the head office of Siam Global House in Roi Et, Thailand. Siam Global House Public Company Limited is based in Thailand, with 76 stores selling building materials and home decorative products.

The consideration or contribution of Cosco Capital in the joint venture agreement is less than 10% of the Company's total book value. Cosco Capital is an investment holding company of Mr. and Mrs. Lucio and Susan Co with diverse interests in retail, wine and alcohol distribution, real estate, and mining.