KUALA LUMPUR: Home-grown wholesale and retail giant, Mydin Mohamed Holdings Bhd, is investing RM1.4bil to set up 14 new hypermarkets throughout the country over the next three years.
“We will fund the expansion through bank borrowings and bonds, and build, transfer and lease back the property,” managing director Datuk Ameer Ali Mydin said on the sidelines of the Economic Transformation Programme (ETP) Progress Update 4 yesterday.
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