Nonetheless...on February 23rd - the day have finally arrived...after years of rumors circulating & viral-ing around - G13's Hong Kie owners have decided to exit the Malaysia market and hand the leadership to a group of Malaysian businessman. They own departmental store format and are keen to have a stake in our groceries business that is resilient-proof.
And with that, all of the Western / European players have left the local market; only leaves the Thai's Lotus's and Japanese's Aeon. The Dutch's Makro, French's Carrefour and British's Tesco have already bid their farewell. Now, its all the regional; as in the Asian and local players left to compete among themselves.
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