KUALA LUMPUR (Feb 24): The Domestic Trade, Co-operatives and Consumerism Minister Datuk Seri Hasan Malek said it hopes BritishIndia (Asia) Sdn Bhd and Suria KLCC Sdn Bhd will come to a ‘win-win solution’ in their dispute over the former’s tenancy in the Suria KLCC mall, operated by the latter.
Following a meeting between BritishIndia and Suria KLCC today, organised by his ministry, Hasan said he had come to the conclusion the dispute was an issue between a landlord and a tenant.
“I thank both parties for agreeing to come to this meeting today and that in the Malaysian spirit of harmony and understanding, I am [sure that] both parties could find a common ground and reach a solution in this issue,” Hasan said in a media statement released this evening.
He added he was am satisfied by BritishIndia’s and Suria KLCC’s commitment in ensuring the promotion of local brands and products
“They have assured me that promoting Malaysian-made goods will always be and has always been part of their business mode; however, I will continue to closely monitor on their retail strategic plan and will take a personal interest in ensuring that they keep their word,” Hasan added.
He also explained that his ministry takes the task of levelling the playing field for Malaysian-made products very seriously, as it is the government’s policy.
On Feb 18, BritishIndia announced it is suing Suria KLCC, as the latter had threatened to hoard up its premises if it refuses to move to another location in the mall.
BritishIndia is a premium clothing retailer founded by Pat Liew more than 20 years ago, while Suria KLCC operates three shopping malls in Kuala Lumpur, Putrajaya and Terengganu, with a combined area of more than 2 million sq ft and over 550 specialty outlets.
Suria KLCC is an 80%-subsidiary of KLCC Property Holdings Bhd.
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