Grab to buy Malaysian supermarket chain Jaya Grocer
The deal comes three weeks after SE Asia-focused PE firm AGIF sold its stakes in Jaya Grocer back to the company’s founding family.
Source: dealstreetasia.com
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ASEAN-focused PE firm AIGF exits Malaysian supermarket chain Jaya Grocer
ASEAN Industrial Growth Fund (AIGF) has exited Malaysian supermarket brand Jaya Grocer (JG) back to the company’s founding family.
Source: dealstreetasia.com
Founder Teng family buys back Jaya Grocer from AIGF
Jaya Grocer’s founder — the Teng family — has bought back its entire stake in Jaya Grocer from AIGF Advisors Pte Ltd, according to a statement issued by the fund on Wednesday.
Source: theedgemarkets.com