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

Good riddance. Their timun not fresh one, while their carrot too small size.

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.

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.

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

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

Good riddance. Their timun not fresh one, while their carrot too small size.

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.

i wonder why Aeon ok but Aeon Big like syit.

i wonder why Aeon ok but Aeon Big like syit.

I like Aeon Big

I think it's the cheapest and most variety for dry stuff like cereal, milk, noodle, rice, tissue, etc.

For fresh goods, nothing beats JG/VG/BIG/Oliver

please dont kolos puchong/putrajaya branch.

please return back as carrefour again lol

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.

I like Aeon Big

I think it's the cheapest and most variety for dry stuff like cereal, milk, noodle, rice, tissue, etc.

For fresh goods, nothing beats JG/VG/BIG/Oliver

NSK > all

who still went to aeon big when

99 speedmart is just in front of your house

sapot 99 speedmart !!!

Insider news for alor setar outlet closure is due to the increment in rent.

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

Judgement sum over what?

Insider news for alor setar outlet closure is due to the increment in rent.

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

cp group bukan dah beli tesco meh, lama sangat belum ada hooha lagi

hypermarket itself dah thin margin, jepunis lagi suka pro-japan, cam mana nak make profit

AEON Big was Carefore (however heck you spell that), before AEON bought them. To prevent identity crisis, they name if AEON Big in order to distinguish themselves from the real AEON. Just think of it as the "chapalang" or cheap version of AEON.

juscogot hurricane21 come clarify

aeon u ask ah hsiung la, merge oredi what

Hope AEON are not forced to buy over Carrefour else after this AEON also going to disappear.

recently i didnt see much aeon car masuk keluar bangi leh...maybe they move to nilai reefer warehouse jor, u pernah live in nilai no koneksyen FL tell u meh ?

Aeon sudah beli carrefour malaysia and rebrand it as Aeon Big

Insider news for alor setar outlet closure is due to the increment in rent.

Aeon Big bankruptcy sudah

Omg then Their store near my apartment sure tutup one

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.
Just went to subang jaya branch all the gate down not letting ppl in.
Today, only 21 AEON BiG stores are still operating.

sos

Ayam like Aeon Big.  Everyweek go Sri Petaling branch then upstairs..  

Confused la why level of grand different one. Aeon can sustain tapi aeon big mall like shit

Aeon jusco

Say very strict one

The one at Bandar perda move to Alma BM, when some shops dun wan follow,

All other same branch at other aeon Jusco also need to close

Means you want one place, you need open at all place
Not only on selected locations

AEON Big was Carefore (however heck you spell that), before AEON bought them. To prevent identity crisis, they name if AEON Big in order to distinguish themselves from the real AEON. Just think of it as the "chapalang" or cheap version of AEON.

I am a retailer...

They are killing themselves seriously..

1) aeon mall management only one race
2) they love small time retailer, (tudung/carpet) so lots of "pop up store" who pay much lesser rental with ugly fit out.
3)they are turning aeon into giant. (some management from giant previously)
4) they are the laughing stock in retail market during this pandemic. No budget to give rebate. Most mall give rebate 1 month at least.
5) their team of management? Speechless. Act langsi like pegawai, but no power at all.
6) hq ppl just want to follow policy, rent increment every year!
Mall 100% tenanted, increase
Mall 70% tenanted, increase
Mall now 50% vacant, still want to increase although pandemic season.

Seriously LOL.
And just fyi, they rate bukit tinggi aeon better than Sunway pyramid lol wtf seriously.

One 1600sqft shop on highest floor almost 30k rental😂

fark i didn’t know this.

thanks for your info bruh!

these days big hypermarket still can untung ke?

I thought Tesco also mau pull out

I am a retailer...

They are killing themselves seriously..

1) aeon mall management only one race
2) they love small time retailer, (tudung/carpet) so lots of "pop up store" who pay much lesser rental with ugly fit out.
3)they are turning aeon into giant. (some management from giant previously)
4) they are the laughing stock in retail market during this pandemic. No budget to give rebate. Most mall give rebate 1 month at least.
5) their team of management? Speechless. Act langsi like pegawai, but no power at all.
6) hq ppl just want to follow policy, rent increment every year!
Mall 100% tenanted, increase
Mall 70% tenanted, increase
Mall now 50% vacant, still want to increase although pandemic season.

Seriously LOL.
And just fyi, they rate bukit tinggi aeon better than Sunway pyramid lol wtf seriously.

One 1600sqft shop on highest floor almost 30k rental😂

kek i rmb ur cerita with aeon last time too

thanks for the laugh 

tapi the new md banyak pattern bagi dia punya contact ke public, u ada ckp dgn dia for the kek? 

Used to work part time at fast food restaurant inside Aeon Bukit Tinggi.

Dont mess around with Aeon Bukit Tinggi crowd. The crowd that come to this mall is huge compared to other aeon mall like Shah Alam.

Of course they rate Bukit Tinggi Aeon better. That's the only big mall that popular in Klang.

Other parts of Klang are "dead". Totally dead

No proper shopping mall.

Starting at Shah Alam and towards to Subang baru ada banyak mall.

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

Econsave better

Aeon jusco

Say very strict one

The one at Bandar perda move to Alma BM, when some shops dun wan follow,

All other same branch at other aeon Jusco also need to close

Means you want one place, you need open at all place
Not only on selected locations

I got AEON credit card, still can use? Lol

I got AEON credit card, still can use? Lol