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In 2023, Macrovalue acquired Malaysia-based GCH Retail Group, the operator of Cold Storage, Giant and Mercato in the country. After taking over Giant in Malaysia, Macrovalue refreshed the concept to ...
Macrovalue's retail business is not impacted by tariff overhang, says CEO. Posted: April 17, 2025 | Last updated: April 17, 2025. Andrew Lim, co-owner and deputy chairman of Malaysian retail group ...
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 ...
PETALING JAYA: 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).
Cold Storage, Giant sold to Malaysian group Macrovalue for S$125 million - The Business Times - 商业时报
Macrovalue pointed out that the retention of Lim Boon Cheong, DFI Retail Group’s managing director for Singapore food, is crucial for the growth strategy. He has played a pivotal role in shaping Cold ...
Macrovalue was set up in 2022 by Lim and Datuk Gary Yap Keng Fatt, both of whom are veterans in the retail industry. Lim is also group deputy chairman of Sogo Department Store in Kuala Lumpur, ...
Macrovalue owns two Cold Storage and 38 Giant outlets in Malaysia, as well as 11 upscale Mercato supermarket outlets. On top of expanding the number of outlets and range of products in ...
Macrovalue was set up in 2022 by businessmen Andrew Lim Tatt Keong and Gary Yap Keng Fatt. A former lawyer, Mr Lim entered the retail business in 2000 when he bought into Malaysia's GAMA Group, ...
Macrovalue already owns the Cold Storage and Giant operations in Malaysia, having bought over Malaysia-based GCH Retail Group in 2023, which operated the brands there previously. By extending its ...
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.
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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