Aeon Co allocates RM500mil capex for 2019 - Business News - News Summed Up

Aeon Co allocates RM500mil capex for 2019 - Business News


KUALA LUMPUR: Aeon Co (M) Bhd has set aside about RM500mil as capital expenditure (capex) to refurbish its existing stores including Daiso outlets. At the moment, it is contributing half of our supermarket sales,” he told reporters after Aeon Co’s shareholder meeting on Thursday. “The delica and RTE segment is the fastest growing business for Aeon Malaysia at the moment, and this is the area that we want to focus on moving forward,” Washizawa said. Aeon Malaysia is managing 28 Aeon Malls, 34 Aeon outlets across the country. As such, he said, Aeon would further expand its online shopping presence and is looking for more partners in this segment.


Source: The Star May 30, 2019 06:49 UTC



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