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Andrew Lim, co-owner and deputy chairman of Malaysian retail group Macrovalue, explains why it's "business as usual" for the ...
KUALA LUMPUR: Malaysian retail group Macrovalue, which firmly stamped its mark as a major player in the regional supermarket business with the acquisition of Cold Storage and Giant stores in ...
Malaysia’s Macrovalue is buying Cold Storage and Giant: Who are its owners and what’s the game plan?
[SINGAPORE] Supermarket and retail operator DFI Retail, which owns Cold Storage and Giant in Singapore, said on Mar 24 that it will sell its food business in the city-state to Malaysian retail group ...
Malaysian retail group Macrovalue is buying up all Cold Storage and Giant supermarket outlets in Singapore for an initial price of S$125 million (RM414.47 million). Current owner DFI Retail Group ...
SINGAPORE: Cold Storage Singapore, the country’s oldest supermarket chain, will be bought over by Malaysian retail group Macrovalue in a deal that is worth S$125 million (US$93 million).
In fact, Datuk Andrew Lim and Datuk Gary Yap, co-founders of privately owned Macrovalue, which acquired the two supermarket brands from DFI for S$125mil (RM414mil) on March 24, told The Straits ...
Current owner DFI Retail Group will focus on its Guardian pharmacy and 7-Eleven convenience store businesses in Singapore. Read more at straitstimes.com. Read more at straitstimes.com.
Malaysia’s Macrovalue acquiring the Cold Storage and Giant supermarket outlets in Singapore has raised questions about how it will compete and differentiate itself in an already saturated market.
Speaking to The Straits Times shortly after the deal was made public, Macrovalue owner Andrew Lim Tatt Keong (pic) said customers of Cold Storage, which targets a more upscale clientele ...
DFI Retail Group is selling its network of Cold Storage and Giant supermarkets in Singapore for $125 million to a Malaysian company Macrovalue. As part of the deal, Macrovalue will take over 48 Cold ...
Cold Storage and Giant to be sold to Malaysian group Macrovalue for $125 million—expect more variety at Cold Storage, cheaper essentials at Giant, and no change to your credit card rewards at these ...
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