SINGAPORE: Malaysia’s retail group Macrovalue is set to acquire Cold Storage and Giant supermarket chains in Singapore for S$125 million. According to Channel News Asia (CNA), the deal includes 48 ...
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Macrovalue co-founder Andrew Lim, who has been lurking in the shadows of Malaysia’s retail sector, has turned into a serious player in the brutal low-margin supermarket business with a cross-Causeway ...
Malaysian retail group Macrovalue has acquired Singapore's Cold Storage and Giant supermarket chains for S$125 million.
Formerly a British colony, Singapore turned to its banks to power its economic growth and transformation after becoming a ...
DFI Retail Group (SGX: D01), or DFI, announced the sale of its Singapore food business to Macrovalue, a Southeast Asian ...
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After the divestment, the group will train its focus and investment in Singapore on its Guardian and 7-Eleven businesses, which “hold significant growth potential”, said Scott Price, group chief ...
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 and ...