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Southeast Asian ride-hailing and food-delivery giant Grab is to acquire Malaysian grocery chain Jaya Grocer, according to a filing with the US Securities and Exchange Commission. Under the agreement, Grab will acquire Jaya Grocer’s ordinary shares and 75 per…
Neighbourhood fresh grocer Jaya Grocer, which celebrates its 10th anniversity, plans to open five more outlets in the Klang Valley this year. Its operations director Daniel Teng said on Thursday the outlets would be at Eco Ardence at Setia Alam in February;…
Jaya Grocer Malaysia is attracting the interest of private equity firms wanting to buy a shareholding of up to 49 per cent. Creador, TPG Growth and a Japanese fund based in Singapore have been shortlisted in a deal said to value the supermarket chain at about…
