The hypermarket operator said it has appealed against a court order to surrender the 180,000 sq ft premises, following a summary judgement obtained by its landlord Crystal Promenade Sdn Bhd.
TF Value-Mart said it has, between 2016 and 2021, taken over the premises of nine hypermarket stores from GCH Retail when its leases were not renewed by the DFI Retail Group, which sold GCH Retail to Macrovalue Sdn Bhd in 2023.
KUALA LUMPUR (April 10): The operator of the Giant brand of hypermarkets, GCH Retail (M) Sdn Bhd, will now expand by “focusing on smaller stores, in line with changes in consumer behaviour globally,” The Edge Malaysia reported this week.
KUALA LUMPUR (Feb 11): Jasons Food Hall, an upscale supermarket owned and operated by Hong Kong's Dairy Farm International Ltd, is shutting down and moving out of Bangsar Shopping Centre (BSC).
KUALA LUMPUR (Dec 16): The shutters are coming down at Cold Storage in Section 14 — one of the oldest supermarkets in Petaling Jaya, Selangor.
KUALA LUMPUR (Aug 30): Chris Bush, the CEO of Southeast Asia Food at Dairy Farm International, will take over the role that will be left vacant by Pierre-Olivier Deplanck, the managing director of GCH Retail (M) Sdn Bhd, once the latter leaves on Aug 30 to pursue new opportunities.
KUALA LUMPUR (Aug 24): A recent report by The Edge Malaysia stated that the Employees Provident Fund (EPF) owns “about a dozen buildings and shoplots, which are or were occupied” by GCH Retail (M) Sdn Bhd”.
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