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 BREAKING: AEON Big HQ kena sealed, x pay RM140m

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TSlambsauce
post Jul 14 2020, 03:18 PM, updated 6y ago

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KUALA LUMPUR (July 14): Japanese retailer AEON BiG (M) Sdn Bhd’s headquarters in Subang, Selangor has been sealed in accordance with a writ of seizure and sale obtained by the bailiff of the court against AEON BiG for failure to settle a judgment sum of over RM140 million after the service of judgment on them.

The action was taken by Mega Continental Sdn Bhd, which is a unit of Penang-based Belleview Group.

This is the latest AEON BiG hypermarket to close, after the Alor Setar outlet ceased its tenancy early.

According to its FY18 financials — the latest data available — AEON BiG posted revenue of RM1.68 billion and net loss of RM54.6 million. It had total liabilities of RM1.06 billion and retained losses of RM561.5 million against total assets of RM1.1 billion.

Today, only 21 AEON BiG stores are still operating.

sos

This post has been edited by lambsauce: Jul 14 2020, 03:31 PM
PJng
post Jul 14 2020, 03:19 PM

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wadepak???

Select Language​▼

MALAYSIA

CORPORATE

AEON BiG Subang HQ sealed after failing to pay RM140m judgment sum

Vasantha Ganesan

/

theedgemarkets.com


July 14, 2020 14:23 pm +08

-A+A
TSlambsauce
post Jul 14 2020, 03:20 PM

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QUOTE(PJng @ Jul 14 2020, 03:19 PM)
wadepak???

Select Language​▼

MALAYSIA

CORPORATE

AEON BiG Subang HQ sealed after failing to pay RM140m judgment sum

Vasantha Ganesan

/

theedgemarkets.com
July 14, 2020 14:23 pm +08

-A+A
*
issue when copy from mobile web

dah fixed
ayam bukan dupe wadepak
gestapo
post Jul 14 2020, 03:21 PM

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who enforce? need ask pulis help?
PJng
post Jul 14 2020, 03:24 PM

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QUOTE(lambsauce @ Jul 14 2020, 03:20 PM)
issue when copy from mobile web

dah fixed
ayam bukan dupe wadepak
*
dia sudah lama tak log in
gonfeeces
post Jul 14 2020, 03:27 PM

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Closing soon
TiF
post Jul 14 2020, 03:27 PM

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Good riddance. Their timun not fresh one, while their carrot too small size.
homicidal85
post Jul 14 2020, 03:31 PM

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the hypermart market is overcrowded. all main players are being squeezed out of business right now. the winner will be the one with deep enough pockets to withstand the losses. tesco, giant, aeon, mydin all feeling the pinch.

if aeon big folds, its a relief for tesco because it means more market share for them.
ayanami_tard
post Jul 14 2020, 03:32 PM

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QUOTE(TiF @ Jul 14 2020, 04:27 PM)
Good riddance. Their timun not fresh one, while their carrot too small size.
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u want to eat or shove up your ass?
galaxy_2088
post Jul 14 2020, 03:32 PM

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khusyairi
post Jul 14 2020, 03:34 PM

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aeonbig
TSlambsauce
post Jul 14 2020, 03:34 PM

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QUOTE(homicidal85 @ Jul 14 2020, 03:31 PM)
the hypermart market is overcrowded. all main players are being squeezed out of business right now. the winner will be the one with deep enough pockets to withstand the losses. tesco, giant, aeon, mydin all feeling the pinch.

if aeon big folds, its a relief for tesco because it means more market share for them.
*
cp group bukan dah beli tesco meh, lama sangat belum ada hooha lagi
Twins10
post Jul 14 2020, 03:35 PM

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Horrible aeon big. Not fresh n expensive. Their roast chicken like charcoal. Mostly run by bangla. Management sleeping.
max_cavalera
post Jul 14 2020, 03:37 PM

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Aeon Big bankruptcy sudah ohmy.gif

Omg then Their store near my apartment sure tutup one
SUSbisobona
post Jul 14 2020, 03:37 PM

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QUOTE(Twins10 @ Jul 14 2020, 03:35 PM)
Horrible aeon big.  Not fresh n expensive.  Their roast chicken like charcoal.  Mostly run by bangla.  Management sleeping.
*
i wonder why Aeon ok but Aeon Big like syit.
TSlambsauce
post Jul 14 2020, 03:39 PM

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QUOTE(bisobona @ Jul 14 2020, 03:37 PM)
i wonder why Aeon ok but Aeon Big like syit.
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hypermarket itself dah thin margin, jepunis lagi suka pro-japan, cam mana nak make profit
yhtan
post Jul 14 2020, 03:47 PM

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ini aeon group bought over from carrefour and then losing money due to competition in retail industry

heavensea
post Jul 14 2020, 03:49 PM

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TSlambsauce
post Jul 14 2020, 03:49 PM

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QUOTE(yhtan @ Jul 14 2020, 03:47 PM)
ini aeon group bought over from carrefour and then losing money due to competition in retail industry
*
kesian, kan bapak aeon jepunis gaya, mintak duit je la, now court saman pun x bayar
shotgun
post Jul 14 2020, 03:52 PM

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Clear stock?

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