Foreign hypermarkets still looking for bumiputera partner
KUALA LUMPUR (Feb 20): Three out of the four foreign hypermarket players in the country “have yet to meet the local shareholder requirement”, The Edge reported this week.
KUALA LUMPUR (Feb 20): Three out of the four foreign hypermarket players in the country “have yet to meet the local shareholder requirement”, The Edge reported this week.
KUALA LUMPUR (Jan 28): Aeon Co (M) Bhd has announced a partnership with US-based Boxed Wholesale that will see the retailer utilising the e-commerce company’s state-of-the-art technology to accelerate Aeon’s expansion into new retail offerings.
KUALA LUMPUR (Dec 11): The Court of Appeal has upheld the High Court’s decision that the termination of the lease agreement for an AEON BiG store in Alor Setar was lawful.
KUALA LUMPUR (Nov 26): Aeon Co (M) Bhd returned to the black with a net profit of RM16.
PETALING JAYA (July 24): An AEON BiG will officially open its doors tomorrow at The School, Jaya One in Section 13, Petaling Jaya in conjunction with the opening of the newly refurbished Level P2 entrance of The School, the first enrichment mall in the country.
KUALA LUMPUR (July 18): A company that has obtained a judgment in default against AEON BiG (M) Sdn Bhd is questioning the retailer’s action in removing the seal placed at its store in Subang Jaya.
KUALA LUMPUR (July 16): AEON BiG (M) Sdn Bhd said it has managed to postpone the execution of a judgment in default against the company and can thus continue to operate its store in Subang Jaya.
KUALA LUMPUR (July 14): Japanese retailer AEON BiG (M) Sdn Bhd’s headquarters in Subang, Selangor has been sealed in accordance with a writ of seizure and sale obtained by the bailiff of the court against AEON BiG for failure to settle a judgment sum of over RM140 million after the service of judgment on them.
KUALA LUMPUR (June 13): Come July, the management of AEON Co Ltd’s retail units in Malaysia — AEON Co (M) Bhd and AEON BiG (M) Sdn Bhd — will be restructured and consolidated into a single organisation as part of a 10-year strategy to create an agile, resilient and intrapreneurial retail organisation, The Edge reported today.
KUALA LUMPUR (April 24): KIP Real Estate Investment Trust (KIP REIT)’s net property income rose 41.