Staff Reporter
,
Malaysia
Malaysian retailer Mydin Mohamed Holdings plans to expand its supermarket business in the coming years. The retailer said it will add 25 new Mydin hypermarkets over the next four years.
“I believe we can achieve over 42 hypermarkets in Malaysia including Sabah and Sarawak by 2018,” said managing director Datuk Dr Ameer Ali Mydin.
The company will earmark an annual investment of up to RM600 million (US$184.1 million) for the expansion.
Mydin Mohamed Holdings currently has a total of 243 hypermarkets, emporiums, bazaars, mini-markets and grocery shops across the country.
Join
Retail Asia
community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!