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Companies / Malaysia

AEON Seeks Expansion In Spite Of Consumer Uncertainty

July 2008 | Company Finance Alert

The Malaysian subsidiary of Japanese retail major AEON has unveiled plans to invest MYR250mn (US$77.7mn) in opening 10 new stores over the next two years. The investment - which will see three new stores opened in the next 12 months - comes in spite of weakening consumer confidence, on the back of rising food and fuel prices, which has seen consumers change their typical shopping habits in recent

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