New Cold Storage, Giant owners say $125m price tag fully reflects value of the business
SINGAPORE - Although DFI Retail Group has decided to offload its Singapore supermarket business to focus on other more ...
CNA14h
Why did this Malaysian supermarket mogul buy Singapore’s Cold Storage, Giant stores? Climate is key factor
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 ...
New Cold Storage, Giant owners justify price tag
Although DFI Retail Group has decided to offload its Singapore supermarket business to focus on other more lucrative ...
CNA3d
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 ...
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.
Acquisition of Cold Storage: Malaysian Firm Macrovalue to Revamp Singapore’s Supermarket Landscape
In a significant move for Singapore's retail landscape, Cold Storage Singapore, the nation’s oldest supermarket chain, is set to be acquired by the Malaysian retail group Macrovalue in a deal valued ...
The Business Times3d
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 ...
The Online Citizen Asia4d
Macrovalue to acquire Cold Storage and Giant supermarkets in Singapore for S$125 million
Malaysian retail group Macrovalue will acquire all Cold Storage and Giant supermarket outlets in Singapore for S$125 million, ...
Malay Mail on MSN2d
Macrovalue’s S$125m bet: Why Singapore Cold Storage and Giant are worth every cent, say new Malaysian owner
DFI Retail Group’s decision to divest its Singapore supermarket business has paved the way for Malaysia’s Macrovalue to ...
Singapore Cold Storage, Giant customers can expect cheaper products, more variety after takeover, Malaysian buyer says
SINGAPORE: Customers of Cold Storage and Giant can expect more value for money, a greater variety of merchandise and new ...
Malay Mail on MSN4d
Singapore’s Cold Storage, Giant supermarkets sold to Malaysia’s Macrovalue in S$125m deal
All Cold Storage and Giant supermarket outlets in Singapore will be sold to Malaysian retail group Macrovalue for an initial ...
The Independent Singapore News3d
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 ...