Aeon earmarks RM251mil for capex

Managing director Shafie Shamsuddin said 40% of its annual capex will be for technology and information technology systems.

PETALING JAYA: Aeon Co (M) Bhd is allocating capital expenditure (capex) of RM251mil for 2021 to ramp up its online systems and refurbish its outlets.

During a virtual press conference today following the group’s AGM, managing director Shafie Shamsuddin said 40% of its annual capex will be for technology and information technology systems.