Mara digital malls in two states closed due to low sales

  • Nation
  • Thursday, 17 Oct 2019

KUALA LUMPUR (Bernama): The operation of Mara digital malls in two states have been halted due to low sales rates, says the Rural Development Ministry.

The ministry in a written response posted on the Parliament website here Thursday (Oct 17) said that slow-moving sales coupled with disproportionate operating costs caused tenants to cease operating at the premises.

“Mara Digital Kuantan ceased operations in December 2018 and Mara Digital Johor Baru in February 2019, ” it said in response to Datuk Seri Ismail Sabri Yaakob (pic) (BN-Bera).

Ismail had asked about the status of Mara digital malls at Medan Mara in Kuala Lumpur and in Shah Alam in Selangor; as well as Kuantan, Pahang and Johor.

He also sought clarification on whether Mara intended to open more branches in other states as previously planned.

The ministry said the Mara Digital Mall in Kuala Lumpur was still operating with 11 lots and 16 kiosks involving 11 entrepreneurs, with annual sales totalling RM4,670,250 as of August this year, while the one in Shah Alam ceased operating in March 2018 to give way to upgrading works on the Shah Alam Urban Transformation Centre (UTC).

According to the Ministry’s statement, UTC Shah Alam was re-opened on Aug 15,2018, however the Mara digital mall there was discontinued, with ICT-related businesses run using only kiosks.

The ministry added that Mara would conduct detailed feasibility studies before opening new branches in the future. – Bernama

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