CNA10d
Cold Storage, Giant supermarket chains in Singapore to be acquired by Malaysian company in S$125m deal
SINGAPORE: Cold Storage Singapore, the country’s oldest supermarket chain, will be bought over by Malaysian retail group ...
The Business Times17d
Giant, Cold Storage turn profitable in Singapore; owner DFI sees growth potential from 7-Eleven
SINGAPORE] After several years of losses, DFI Retail Group’s supermarket operations in Singapore became profitable in 2024, owing in part to a strategy of shutting some Giant and Cold Storage stores ...
All Cold Storage, Giant outlets in Singapore to be sold to Malaysian group for $125m
Current owner DFI Retail Group will focus on its Guardian pharmacy and 7-Eleven convenience store businesses in Singapore.
The Business Times11d
DFI Retail Group sells Singapore food business, including Cold Storage and Giant, for S$125 million to Macrovalue
SINGAPORE] Supermarket and retail store operator DFI Retail Group on Monday (Mar 24) announced the divestment of its ...
DFI Retail Group Sells its Singapore Cold Storage and Giant Stores: What’s Next for the Pan-Asian Retailer?
The sale proceeds could be reinvested or paid out as a special dividend. The post DFI Retail Group Sells its Singapore Cold ...
The Edge Singapore9d
DBS, UOBKH stay positive on DFI Retail following Cold Storage sale; Robinson Retail in the Philippines may be next
DBS believes that DFI should still be able to achieve its above-consensus FY2025 core operating earnings estimate of US$259 ...
CNA7d
Cold Storage, Giant acquisition: Supermarkets in Singapore still profitable despite stiff competition, analysts say
Malaysian retail group Macrovalue has acquired Singapore's Cold Storage and Giant supermarket chains for S$125 million.
The Independent Singapore News10d
Malaysia’s Macrovalue to acquire Singapore’s Cold Storage and Giant supermarket chains for S$125M
SINGAPORE: Malaysia’s retail group Macrovalue is set to acquire Cold Storage and Giant supermarket chains in Singapore for ...
DFI Retail's Shares Climb After Selling Singapore Food Business
Asian retailer DFI Retail Group's shares climbed after it said it will sell its Singapore food business to Southeast Asian retail group Macrovalue. Its Singapore food business includes supermarkets ...