Aeon plans RM700mil capex


KUALA LUMPUR: Aeon Co (M) Bhd will be investing RM700mil in capital expenditure (capex) over the next two years to build new shopping malls and to refurbish some of its existing ones.

“This year, we’re allocating RM350mil to refurbish the malls in Wangsa Maju and Bukit Raja. In December, we are opening our 22nd mall in Kulai Jaya (Johor), said managing director Nur Qamarina Chew said in an interview.

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Business , aeon , capex , malls

   

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