Jakel estimates RM100mil in losses after Shah Alam branch goes up in flames


SHAH ALAM: Popular garment and textile retailer Jakel Group has estimated losses to be almost RM100mil after a fire broke out at its Shah Alam branch in Section 7 here early Sunday (Jan 1).

Group managing director Datuk Seri Mohamed Faroz Mohamed Jakel said the amount only involved the value of the building (Wisma Jakel) and the actual losses are yet to be determined.

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