Brick and mortar business is under severe threat from online business and competition from peers. You only need 10% growth on online purchase every year to cause a havoc on company like AEON. Reality is online growth is unstoppable. You know where AEON is heading...
11-Jan-2018 Insider ABERDEEN INTERNATIONAL FUND MANAGERS LIMITED (a substantial shareholder) disposed 57,400 shares on 09-Jan-2018. 11-Jan-2018 Insider ABERDEEN ASSET MANAGERS LIMITED (a substantial shareholder) disposed 25,900 shares on 09-Jan-2018. 11-Jan-2018 Insider ABERDEEN ASSET MANAGERS LIMITED (a substantial shareholder) disposed 19,400 shares on 09-Jan-2018. 11-Jan-2018 Insider ABERDEEN ASSET MANAGEMENT ASIA LIMITED (a substantial shareholder) disposed 89,300 shares on 09-Jan-2018. 11-Jan-2018 Insider ABERDEEN ASSET MANAGEMENT ASIA LIMITED (a substantial shareholder) disposed 19,400 shares on 09-Jan-2018. 11-Jan-2018 Insider STANDARD LIFE ABERDEEN PLC AND ITS SUBSIDIARIES (a substantial shareholder) disposed 108,700 shares on 09-Jan-2018. 11-Jan-2018 Insider STANDARD LIFE ABERDEEN PLC AND ITS SUBSIDIARIES (a substantial shareholder) disposed 57,400 shares on 09-Jan-2018. 11-Jan-2018 Insider STANDARD LIFE ABERDEEN PLC AND ITS SUBSIDIARIES (a substantial shareholder) disposed 45,300 shares on 09-Jan-2018. 11-Jan-2018 Insider STANDARD LIFE ABERDEEN PLC AND ITS SUBSIDIARIES (a substantial shareholder) disposed 31,900 shares on 09-Jan-2018. 11-Jan-2018 Insider STANDARD LIFE ABERDEEN PLC AND ITS SUBSIDIARIES (a substantial shareholder) disposed 19,400 shares on 09-Jan-2018.
KUALA LUMPUR (Jan 25): Aeon Co (M) Bhd (Aeon Malaysia) and honestbee signed a memorandum of understanding to form a business alliance that aims to tap consumers' demand for home grocery delivery service.
Retailer Aeon Malaysia said in a statement today the alliance with online concierge and delivery specialist honestbee will enable both parties to develop new services that match rapidly-changing customer demand.
"The collaboration stems from the growing trend of online purchase pattern and a desire to innovate its offering to enhance value for Malaysians," Aeon Malaysia said.
Aeon Malaysia managing director Shinobu Washizawa said in the statement: "We are proud to launch this new service at our flagship store, Aeon Mid Valley. We will closely monitor the feedback and demands from our customers, and consider to expand this service both in terms of regional and in merchandise offering. I am delighted to share that Aeon Co (M) Bhd will have more of such innovations in the pipeline."
Malaysia's Aeon Co Plans To Open Kuching Mall Early 2Q, Aims 1-3 MaxValu Outlets This Year
KUALA LUMPUR (Feb 02) -- Malaysian retailer Aeon Co. (M) plans to open Aeon Mall Kuching, its first retail mall in Sarawak state by early second quarter, its executive director said Friday.
"We are planning to open one to three more MaxValu outlets this year," Poh Ying Loo said at a news conference. Each outlet should cost the company about 5 million ringgit ($1.3 million), he said.
Earlier Friday, the company today opened the third MaxValu store in Bangsar South in Kuala Lumpur, which Poh expects to attract 15,000 to 20,000 shoppers a week.
Last week I go to Aeon Falim....what d hack no people,no tenants,what d hell no Aeon superstore,only Aeon Big...Walaowehhh so much big space but only char kueh tiaw owner...AEON Falim will have faith same like Aeon Senawang & Aeon Bandar Universiti...next 3-4years will see another impairment loss...
Dun forget Aeon selling their stuff online too..still small compare to real store but in future it will be a big business transaction. For those who say online store beat the practical store....this is a challenge for company to change their business model..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
BigPro
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Posted by BigPro > 2017-12-14 10:47 | Report Abuse
AEON Credit not same with AEON - 2 different stock market....