Supermarket operator Giant TMC has revealed the latest stage in its expansion plans with a further RM80m investment in Malaysia, earmarked for the construction of two new supermarkets and three hypermarkets. "Giant will also be setting up an International Procurement Centre in the Klang Valley which will be a centre for the purchase and dispatch of goods to the retail outlets in the Asian region. This is to leverage on the economies of scale," said Michael Kok, regional director of
MALAYSIA: Investment for expansion planned by Giant supermarket operator
Get full access to all content, just $1 for 30 days
just-food gives you the widest food market coverage.
But only paid just-food members have full, unlimited access to all our exclusive content - including 21 years of archives.
Try just-food for 30 days and get the research report; ‘Is sugar the next tobacco’ for free!
Dean Best, editor of just-food
Do you get our newsletters? If yes, log in to your account to access your FREE READS. Don't know your password? That's cool - you can reset it here.
Most Popular
Insights
- Plant-based meat's Asia optimism
- Hatching new ideas – incubators, accelerators
- Nurturing China's growing interest in cheese
- How might Covid impact food company strategy?
- Livekindly CEO on meat-free firm's ambitions
News
- UK reveals latest figures for food exports to EU
- Conagra sees structural shift to eating at home
- Germany changes rules on advertising food to kids
- Sweet Harvest Foods has new private-equity owner
- US snacks maker Hippeas installs new CEO
Market research
Oops! This article is copy protected.
Why can’t I copy the text on this page?
The ability to copy articles is specially reserved for people who are part of a group membership.
How do I become a group member?
To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..
