Tesco reviewing Malaysia business for possible sale

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Tesco reviewing Malaysia business for possible sale thesundaily Tesco TescoMalaysia Hypermarket Groceries

Britain’s biggest supermarket chain Tesco said on Sunday it had started a review of its businesses in Thailand and Malaysia, including looking at a possible sale.

It said in a statement that “following inbound interest, it has commenced a review of the strategic options for its businesses in Thailand and Malaysia, including an evaluation of a possible sale of these businesses”. “The evaluation of strategic options is at an early stage, no decisions concerning the future of Tesco Thailand or Malaysia have been taken, and there can be no assurance that any transaction will be concluded. A further announcement will be made if and when appropriate,“ it said. —

 

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mpoobalan Tesco is leaving Malaysia and others are to flow the suit, politicians are fighting among themselves, economy slump, creation of job is at lowest level, people are suffering, dont let people go back to BN, they will never trust PH again in their life. Be careful!!

The management needs an overhaul.

Minister : dont go out. we reduce your tax!!.

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