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Nov 24, 2021 · 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.
The chain was founded in 2007 by the Teng family, aiming to establish a premium supermarket brand. The family previously founded the Teng Minimarket Centre in Bangsar and the Giant supermarket chain before selling both retailers to Hong Kong-based DFI Retail Group.
Feb 23, 2024 · PETALING JAYA: Supermarket pioneer Teng Yew Huat has died at the age of 68, after having led the family’s Teng minimarkets into the Giant and Jaya Grocer chains valued in the billions, with...
Dec 14, 2021 · Late last month, Jaya Grocer's founder, the Teng family, reportedly had bought back its entire stake in Jaya Grocer from AIGF Advisors Pte Ltd.
- NST Business
Feb 23, 2024 · Jaya Grocer, a household name in Malaysia, was started by the Teng family in 2007 as a good value supermarket grocer to meet the discerning appetite of Klang Valley residents for quality fresh produce and household goods for their everyday needs. Its first store was opened in Jaya 33 in Petaling Jaya, but it has since expanded to 36 outlets.
Feb 23, 2024 · Teng Yew Huat, who established Jaya Grocer with his family in 2007, passed away recently. Jaya Grocer is a mass-premium supermarket brand with 35 outlets in Malaysia.
Feb 23, 2024 · KUALA LUMPUR, Feb 23 — The founder of supermarket chain Jaya Grocer, Teng Yew Huat, has died at the age of 68. Jaya Grocer chief executive officer Adelene Foo confirmed Teng’s death in a statement, financial daily The Edge Malaysia reported.
