Posted by Good123 > 2020-07-26 21:52 | Report Abuse

wait n see, EPF and directors were buying more n more

Posted by TA_trader > 2020-07-26 22:38 | Report Abuse

Good123,

why keep spamming? why so panicky? hard sell trying to convince others? if you are so confident, you should just shut up and hoping for fire sale, while you collect happily. Why shouting mother father trying to convince others?

Panicking? LOL!

i will support all local supermarkets. Not Japanese. Buy Local! Buy Malaysian!

KKmart, speed mart, hero, mydin!

Posted by Good123 > 2020-07-27 08:32 | Report Abuse

daiso in Malaysia owned by aeon malaysia bhd. Daiso Malaysia Is Now Online So You Can Shop At Your Convenience - Hype MY



17 Jul 2020 · Daiso Malaysia has officially embraced the trend of online shopping by jumping onboard e-commerce platforms.

Posted by Good123 > 2020-07-27 08:34 | Report Abuse

Daiso Malaysia Is Now Online So You Can Shop At Your Convenience



BY Justin ON JULY 17, 2020

Officially embraced the trend of online shopping by jumping onboard e-commerce platforms.


The Japanese franchise announced its online store in Shopee late last month. This allows you to shop from the comfort of your own home without having to drive out.


Just like Daiso stores in Malaysia, many of its products are priced at RM5.90. Although the online store may not have every product from its physical store, there is still a wide variety of items sold on Shopee.

The categories available are housewares, toys, mobile accessories, kitchen and dining tools, beauty items, groceries and pets, as well as stationery – just to name a few. In light of the Covid-19 outbreak, shopping online without the need to queue is certainly a bonus.

Posted by Good123 > 2020-07-27 08:39 | Report Abuse

Department store and supermarket operator AEON Co (M) Bhd, however, is still rated a “buy”, favoured by five out of eight analysts who cover the stock, Bloomberg data shows.

RHB Research likes the fact that AEON is transforming its shopping malls to adapt to changing consumer demand. In a Nov 29 note, it pointed out that AEON’s valuations are undemanding in view of its growth potential and status as the largest shariah-compliant mall operator in Malaysia.

Posted by Good123 > 2020-07-27 08:40 | Report Abuse

In a recent interview with The Edge, AEON executive director Poh Ying Loo acknowledges the tough retail climate amid waning consumer sentiment not just in Malaysia but also globally.

“Consumer sentiment has been affected by factors such as the higher cost of living, which impacts purchasing power. However, for us, this is not something surprising as AEON has been in Malaysia over the past 30 years, and we have gone through a few downturns, such as during the 1985 [recession], the 1997/98 Asian financial crisis and the 2009 global financial crisis.

“We have also experienced the tough times the retail sector has gone through, where we have seen some of our competitors consolidating while others have shut down their operations,” he says.

Currently, AEON operates 35 outlets, 28 malls, 74 Wellness pharmacies, 42 Daiso stores and six MaxValu Prime supermarkets.

Around half of AEON’s revenue is derived from its supermarkets, while its department stores and other concept stores make up the rest.

“This year, we are looking to open at least two more MaxValu stores. As for major openings [of outlets and malls], that would probably take place in 2021. We may also look at closing one or two smaller format stores this year but this would not impact our operations.

“We will also continue to refurbish some of our selected stores and malls. Some of these stores and malls are due for an upgrade and refurbishment as they age. We have in recent times refurbished our stores in Queensbay, Tebrau City, Bandar Utama and Taman Maluri, and you can see that whenever we make changes [to our stores], they attract more customers.

“We also have the competitive advantage in the sense that we manage and operate the malls, so we are able to leverage the synergies of the core businesses that we have,” Poh says.

He believes the department store model is still relevant but that technology and social media are needed to create a certain perception of the store and business so that they appeal to the younger generation.

“Department stores can still be relevant in the current environment, but they have to be tweaked to match the current consumer lifestyle.

“Of course, this has to be backed by the correct assortment of merchandise that will be more suitable for the younger generation. There is always the need to refurbish, upgrade and change the layout of our stores, otherwise they look tired. No matter how loyal a customer is, if there are no changes or enhancements made, we will not see an increase in footfall,” he says.

In its efforts to penetrate the e-commerce space, AEON Malaysia has a partnership with online grocery delivery company HappyFresh as well as popular e-commerce platform Shopee.

As for the adoption of the new standard on leases under MFRS 16, Poh says it does have an impact on the company as almost half of its outlets are on lease. “The impact will normalise after a certain number of years as it is more profound during the initial part of the lease.”

On Jan 1, the group appointed Shafie Shamsuddin as its new managing director, replacing Shinobu Washizawa. Shafie had worked with French retailer Carrefour Group for over 16 years and was the managing director of Carrefour Singapore, Carrefour Malaysia and Carrefour Indonesia between 2005 and 2011 before he was appointed executive director of global talent management and organisational development at Carrefour Group.

Prior to joining AEON, he was CEO and president of the board of directors of PT Trans Retail Indonesia.

Posted by Good123 > 2020-07-27 08:43 | Report Abuse

In its efforts to penetrate the e-commerce space, AEON Malaysia has a partnership with online grocery delivery company HappyFresh as well as popular e-commerce platform Shopee.

Posted by tstan100 > 2020-07-27 13:01 | Report Abuse

AEON Target price before 2021, RM0.70, inevitable.

Posted by Hope123 > 2020-07-27 19:18 | Report Abuse

Aeon target price 1.29 by 31st Dec 2020.

Posted by tstan100 > 2020-07-28 10:10 | Report Abuse

AEON 0.800 next week

Posted by Knowolf > 2020-07-29 11:26 | Report Abuse

Target end of August 0.90

Posted by Jeffreyteck > 2020-07-30 11:54 | Report Abuse

Only trading play may push up as fundamentals = 0 as it does not have any competitive edge under the current competition environment. Huge loans is another obstacle. Used to walk in nearby aeon less than 2km once a month, now =0. 99 Dekat Lagi Murah slogan positioning well. Trading play at best.

Posted by James Ng > 2020-08-03 09:00 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-08-03-story-h1511497901.jsp
[转贴] [AEON CO (M) BHD：General Merchandising Store (GMS)销售额下降，尤其是在MCO期间。在此期间，被视为非必要服务的GMS不允许运行] - James的股票投资James Share Investing

Posted by tstan100 > 2020-08-04 13:09 | Report Abuse

Sell now and buy back later at RM0.50.

Posted by tstan100 > 2020-08-04 15:57 | Report Abuse

After the BIG foreign shareholders pull all fund out of AEON, expect to
see below RM 0.50 this year.

Posted by tstan100 > 2020-08-04 15:59 | Report Abuse

This is not a ordinary economy slowdown, but another MCO until end of 2021 !!!!

Posted by tstan100 > 2020-08-04 16:02 | Report Abuse

You expect to see the world with Zero new case of Covid-19 next month ? next year? probably 2022.
Sell now and buy back later is the way to go.

Posted by tstan100 > 2020-08-04 16:24 | Report Abuse

You all have been given enough time to sell it, don't marry the stock

Posted by Jeffreyteck > 2020-08-04 19:00 | Report Abuse

Strongly agreed. There is always alternatives. Unless trading play, it will follow parkson trend, from above $5 those days till around 0.10.

Posted by tstan100 > 2020-08-04 21:53 | Report Abuse

Some insiders knew that EPF's Milo tin is going to be emptied soon, so they sell all out before the wave hitting the shore. Please don't panic! the market will eventually recovered after 2025.
You can, of course, choose to be the frog in heating water. Enjoy watch the price dropping day by day.

Posted by kenneth_lbw > 2020-08-04 22:29 | Report Abuse

drop more to 0.50, may be aeon japan is waiting to buy low...

Posted by Johnfatt > 2020-08-05 10:57 | Report Abuse

Aeon because they have cold storage, 99 speedmart buy only a loaf of bread or box of cigarette. In terms of shipping experience/ product selection, Aeon is still better than Giant and Tesco.

Posted by Jeffreyteck > 2020-08-05 15:26 | Report Abuse

Still well supported.

Posted by supergino > 2020-08-05 21:50 | Report Abuse

as long as not making loss in the coming quarter is good enough

Posted by MaYun > 2020-08-06 11:57 | Report Abuse

This coming QR report is sure gonna be one of the worst QR report, the only thing that matter is has the coming expected worst QR report has been price in.

Posted by TA_trader > 2020-08-06 14:32 | Report Abuse

No idea why u say Aeon is better than Giant or Tesco. Have u seen the crowd at Giant and Tesco? LOL. What about village grocer, jaya grocer...

Fact is this business margin very thin. But aeon cant compete because they tend to lean towards Japanese suppliers and Japanese management with fat margin.

Need to pay for their driver, their expenses, their entertainment expenses, and their rent. They don't stay some middle class flats ok. Go look at KL Hampshire/Panorama and bangsar/ sri hartamas. Their rent are minimum 5k and above. Not to mention have to pay for their kid's international school fees. Insurance, medical expenses etc...

Posted by TA_trader > 2020-08-06 14:33 | Report Abuse

Japanese management with fat salary/expenses.

Posted by Good123 > 2020-08-06 15:28 | Report Abuse

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

AEON CO. (M) BHD

Particulars of substantial Securities Holder

NameEMPLOYEES PROVIDENT FUND BOARDAddressTingkat 19, Bangunan KWSP, Jalan Raja Laut
Kuala Lumpur
50350 Wilayah Persekutuan
Malaysia.Company No.EPF ACT 1991Nationality/Country of incorporationMalaysiaDescriptions (Class)Ordinary Shares

Details of changes

NoDate of change

No of securities

Type of TransactionNature of Interest128 Jul 2020

93,900

AcquiredDirect InterestName of registered holderCitigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund BoardAddress of registered holderLevel 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala LumpurDescription of "Others" Type of Transaction
Circumstances by reason of which change has occurredAcquisition of SharesNature of interestDirect InterestDirect (units)205,614,800Direct (%)14.645Indirect/deemed interest (units)Indirect/deemed interest (%)Total no of securities after change205,614,800Date of notice29 Jul 2020Date notice received by Listed Issuer03 Aug 2020


Remarks :The total number of 205,614,800 Ordinary Shares are held as follows:- 1) 106,911,000 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board 2) 30,586,400 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AFFIN-HWG) 3) 23,654,600 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA) 4) 2,009,800 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ARIM) 5) 23,752,000 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN) 6) 7,498,000 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ASIANISLAMIC) IC 7) 3,368,300 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (RHBISLAMIC) IC 8) 7,245,400 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERISLAMIC) IC 9) 589,300 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NIAM EQ) IC


Announcement Info

Company NameAEON CO. (M) BHDStock NameAEONDate Announced03 Aug 2020CategoryChange in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016Reference NumberCS2-30072020-00175

Posted by Good123 > 2020-08-06 15:29 | Report Abuse

EPF is buying , malls are recovering

Posted by Good123 > 2020-08-06 15:34 | Report Abuse

KUALA LUMPUR (July 25): Local malls are seeing a rise in activity again, with some experiencing a recovery in “footfall” a month into the Recovery MCO (RMCO), reported The Edge Malaysia.

Posted by Good123 > 2020-08-06 15:35 | Report Abuse

Certainly, recovery and sentiments have improved,” he added.

There also seems to be good news on the tenant occupancy segment, with Chan saying they have been “largely unaffected, remaining at between 92% and 98%”.

Posted by Good123 > 2020-08-06 15:43 | Report Abuse

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

AEON CO. (M) BHD

Particulars of substantial Securities Holder

NameEMPLOYEES PROVIDENT FUND BOARDAddressTingkat 19, Bangunan KWSP, Jalan Raja Laut
Kuala Lumpur
50350 Wilayah Persekutuan
Malaysia.Company No.EPF ACT 1991Nationality/Country of incorporationMalaysiaDescriptions (Class)Ordinary Shares

Details of changes

NoDate of change

No of securities

Type of TransactionNature of Interest127 Jul 2020

1,882,300

AcquiredDirect InterestName of registered holderCitigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund BoardAddress of registered holderLevel 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala LumpurDescription of "Others" Type of Transaction
Circumstances by reason of which change has occurredAcquisition of SharesNature of interestDirect InterestDirect (units)205,520,900Direct (%)14.638Indirect/deemed interest (units)Indirect/deemed interest (%)Total no of securities after change205,520,900Date of notice28 Jul 2020Date notice received by Listed Issuer30 Jul 2020


Remarks :The total number of 205,520,900 Ordinary Shares are held as follows:- 1) 106,817,100 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board 2) 30,586,400 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AFFIN-HWG) 3) 23,654,600 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA) 4) 2,009,800 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ARIM) 5) 23,752,000 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN) 6) 7,498,000 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ASIANISLAMIC) IC 7) 3,368,300 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (RHBISLAMIC) IC 8) 7,245,400 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERISLAMIC) IC 9) 589,300 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NIAM EQ) IC


Announcement Info

Company NameAEON CO. (M) BHDStock NameAEONDate Announced30 Jul 2020CategoryChange in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016Reference NumberCS2-29072020-00129

Posted by Good123 > 2020-08-06 15:44 | Report Abuse

kwsp sapu banyak. Akan meletup kot?

Posted by Victor Yong > 2020-08-06 15:59 | Report Abuse

Ya , mau memecut kembali


Date Close Volume
05/08/2020 0.83 1,353,800
04/08/2020 0.815 1,898,800
03/08/2020 0.835 1,785,100
30/07/2020 0.845 1,153,700
29/07/2020 0.85 1,838,700
28/07/2020 0.85 1,651,500
27/07/2020 0.845 3,262,800
24/07/2020 0.845 2,579,100
23/07/2020 0.845 6,614,700
22/07/2020 0.88 1,801,800
21/07/2020 0.895 2,505,600
20/07/2020 0.89 2,500,900
17/07/2020 0.91 2,361,600
16/07/2020 0.915 3,215,500
15/07/2020 0.97 2,104,700
14/07/2020 1.00 2,303,400
13/07/2020 1.01 1,472,600

Posted by Good123 > 2020-08-06 17:14 | Report Abuse

Retail sector to gradually recover

As for the retail sector, the retail sales trend is expected to gradually improve moving forward with further easing of restrictions during the current recovery phase of MCO. Shopping malls and retailers are also expected to embrace technological innovations, with a focus on less contact with surfaces and among people.

“We expect to see more creative ideas and trends that embrace technological innovations in the retail industry. The short-term outlook for the sector remains cloudy but there are windows of opportunity in the mid to longer term with the right data, key insights and value,” said the report.

In the meantime, the booming e-commerce business appears to be a silver lining in the current crisis, accelerating the sales of consumer goods through online channels, it said.

“Amid social distancing measures and reduced presence in physical stores, consumers have shifted to online platforms, pushing retailers to adopt e-commerce and increase their online presence.”

Posted by Good123 > 2020-08-06 17:15 | Report Abuse

The report also noted that monthly gross rentals of prime shopping centres in the Klang Valley had remained resilient during the review period.

Posted by Good123 > 2020-08-06 18:34 | Report Abuse

Lelong price kini. siapa cepat siapa dapat :)


Aeon Co - Ripe for the Pickings

Date: 29/07/2020 

Source : AffinHwangStock : AEON     Price Target : 1.00     |     Price Call : BUY    Last Price : 0.825     |     Upside/Downside :   0.175 (21.21%) Back

We hosted a virtual meeting with Aeon Co’s management recently, attended by over 20 local institutional investors.

Key takeaways: For July month-to-date: (i) retailing saw strong recovery since RMCO, overall sales trended higher yoy; and (ii) rental income has gradually recovered since April, now near 85% of pre-Covid level.

Given a likely strong pent-up recovery in 2021 (assuming no major second Covid-19 outbreak), we upgrade Aeon to BUY (from Hold) albeit with a slightly lower 12-month TP of RM1.00, based on 15.5x 2021 EPS.

Retail segment staging strong recovery since RMCO

For the retailing segment, management indicated that overall sales are staging a strong recovery since the RMCO, notching up yoy growth in July month-to-date (MTD) – largely led by the softline and foodline segments. Geographically, retail businesses in the group’s Northern and Central regions saw encouraging growth yoy whilst the Southern region is still lagging slightly behind in terms of recovery.

Rental rebates likely to gradually dissipate in 2H20

Aeon granted rental rebates to deserving tenants in non-essential businesses (c.70% of total tenants) over the lockdown period. Following a trough in April’s rental income, we gather that collection has recovered MoM and reached c.85% of the pre-Covid rental income of c.RM58m/month. Barring a recurrence of the MCO, rental relief, if any, will likely be minimal and on a case-to-case basis in 2H20.

Synergy between Aeon Co

Posted by Good123 > 2020-08-06 19:01 | Report Abuse

aeon is building own delivery team, good news, sentiment driven now, esok melambung, bukan? :)

SHAH ALAM (Aug 6): The country's online food delivery service market is expected to grow 17.9 percent annually to reach revenue of US$370 million in four years, said Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed.

He said the growth projection was made in the wake of the COVID-19 pandemic that had transformed the people's lifestyle to a new normal, with many activities now being conducted online, including food ordering.

Citing data from Statista Market Forecast (2020), he said Malaysia's online food delivery market was valued at US$192 million at present, comprising 6.2 million consumers.

"The biggest segment contributing to the growth of the industry is targeted to be restaurant-to-customer delivery, which accounts for US$137 million compared to US$55 million for platform-to-customer delivery segment.

“The food delivery industry, which is part of the gig economy, should be based on the digitalisation concept. It is at the top of the government's agenda in the medium to long-term economic recovery plan currently being drawn up by the Economic Planning Unit and the Economic Action Council,” he said in his speech for the AEON rider motorcycle handover ceremony here today.  

The text of his speech was read by Deputy Minister in the Prime Minister's Department (Economy) Arthur Joseph Kurup.

Mustapa said the medium to long-term economic recovery plan, to be announced by October, would look at the renewal of the job market, issue of quality investments and digital economy.

At today's function, AEON Malaysia, through the Malaysian AEON Foundation (MAF), donated 300 motorcycles for the AEON Rider Project to create employment for those who lost their jobs due to the COVID-19 pandemic.

AEON Retail Malaysia chief executive officer Shafie Shamsuddin said the company launched the initiative to help individuals affected by the pandemic, and even provided the motorcycles for the riders.

Anyone interested to become part of the AEON Rider family could apply from now, he said.

The AEON Rider Project offers a gross salary of RM1,200 plus delivery charges for a contract duration of one year, and riders who perform their jobs well will get to keep the motorcycles for free and become permanent AEON Malaysia employees.

Posted by Good123 > 2020-08-06 19:03 | Report Abuse

:)
（莎阿南6日讯）随着新冠疫情改变生活新常态，负责经济事务的首相署部长拿督斯里慕斯达法预计，食物外送服务的市场价值在未来4年将增长17.9%或3亿7000万美元（约15亿5000万令吉）。

他说，根据2020年市场统计，大马外卖服务的市场价值已达1亿9200万美元（约80亿4477万令吉），涵盖620万名消费者。

“由餐馆直送上门服务的市场价值预料增长1亿3700万美元（约5亿7404万令吉），而由平台面向消费者方面，则预料增长5500万美元（2亿3045万令吉）。”

“属于零工经济（gig ekonomi）的外卖服务业须以数码化为主，这也已成为政府经济策划单位和经济行动理事会在拟定中期和长期经济复苏计划的主要议程。”

慕斯达法今天为永旺外卖服务（AEON Rider）摩托车移交仪式致词，其讲稿由首相署副部长亚瑟古律代读。

大马永旺集团（AEON Malaysia）通过大马永旺基金会（MAF）捐献300辆新摩托车，为因新冠疫情失业者提供派送员的就业机会。

Posted by Good123 > 2020-08-06 19:37 | Report Abuse

esok, Giliran untuk aeon kot? berita baik berterusan

Posted by Good123 > 2020-08-06 21:25 | Report Abuse

semua outlets Dalam aeon malls boleh Jual online Dan dihantar oleh penunggang motosikal aeon sendiri

Posted by Good123 > 2020-08-06 21:27 | Report Abuse

aeon delivery riders are going be the same like Lazada delivery fleet

Posted by Good123 > 2020-08-06 21:30 | Report Abuse

under AEON, aeon wellness~carings pharmacy, aeon grocery ~ Jaya grocer, daiso~mr DIY, aeon departmentals, online selling, etc. great potential

Posted by Good123 > 2020-08-06 22:58 | Report Abuse

EPF tambah lagi Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

AEON CO. (M) BHD

Particulars of substantial Securities Holder

NameEMPLOYEES PROVIDENT FUND BOARDAddressTingkat 19, Bangunan KWSP, Jalan Raja Laut
Kuala Lumpur
50350 Wilayah Persekutuan
Malaysia.Company No.EPF ACT 1991Nationality/Country of incorporationMalaysiaDescriptions (Class)Ordinary Shares

Details of changes

NoDate of change

No of securities

Type of TransactionNature of Interest103 Aug 2020

493,200

AcquiredDirect InterestName of registered holderCitigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund BoardAddress of registered holderLevel 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala LumpurDescription of "Others" Type of Transaction
Circumstances by reason of which change has occurredAcquisition of SharesNature of interestDirect InterestDirect (units)206,108,000Direct (%)14.68Indirect/deemed interest (units)Indirect/deemed interest (%)Total no of securities after change206,108,000Date of notice04 Aug 2020Date notice received by Listed Issuer06 Aug 2020


Remarks :The total number of 206,108,000 Ordinary Shares are held as follows:- 1) 107,404,200 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board 2) 30,586,400 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (AFFIN-HWG) 3) 23,654,600 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NOMURA) 4) 2,009,800 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ARIM) 5) 23,752,000 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERDEEN) 6) 7,498,000 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ASIANISLAMIC) IC 7) 3,368,300 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (RHBISLAMIC) IC 8) 7,245,400 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (ABERISLAMIC) IC 9) 589,300 Ordinary Shares are registered in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board (NIAM EQ) IC


Announcement Info

Company NameAEON CO. (M) BHDStock NameAEONDate Announced06 Aug 2020CategoryChange in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016Reference NumberCS2-03082020-00143

Posted by Good123 > 2020-08-06 23:06 | Report Abuse

aeon big was acquired by aeon co ltd Japan , not a subsidiary of aeon (m) BHD. The term “AEON” has its origins in a Latin root meaning “eternity”. The customer’s beliefs and desires comprise the central core of our philosophy. At AEON, our eternal mission as a corporate group is to benefit our customers, and our operations are thus customer-focused to the highest degree. AEON today has grown into a comprehensive Group encompassing over 250 companies and business entities in 12 business segments including retail, financial services, shopping center development, and services. More than 360,000 people Aeon employees working in these 250 companies under the AEON Group in Japan and abroad are striving to contribute to the convenient and comfortable living of our customer and to achieve global customer satisfaction.

AEON Co Ltd purchased the shares of Magnificient Diagraph Sdn Bhd, in Malaysia on 31 October 2012. Pursuant to the acquisition, there was a change of company name from Magnificient Diagraph Sdn Bhd to AEON BIG (M) SDN BHD. The Acquisition is part of the AEON Group plans to expand the business in South East Asia and further develop their Asean operations. Today, AEON BIG (M) SDN BHD currently operates 22 Hypermarkets under the trade name of “AEON BIG” in Malaysia.

AEON BIG is bringing in BIG CHOICES, with GREAT VALUES. The colour ORANGE signifies friendliness; joyfulness, clear, simple and the best quality in line with our customer’s way of life.

Posted by yameyamo > 2020-08-07 00:47 | Report Abuse

Aeon re-counter sues MEga.... rebound pls

Posted by Good123 > 2020-08-07 07:11 | Report Abuse

online aeon malls platform with all retailers with own delivery rider fleet like Lazada? great potential. EPF is buying aggressively.


SHAH ALAM (Aug 6): The country's online food delivery service market is expected to grow 17.9 percent annually to reach revenue of US$370 million in four years, said Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed.

He said the growth projection was made in the wake of the COVID-19 pandemic that had transformed the people's lifestyle to a new normal, with many activities now being conducted online, including food ordering.

Citing data from Statista Market Forecast (2020), he said Malaysia's online food delivery market was valued at US$192 million at present, comprising 6.2 million consumers.

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"The biggest segment contributing to the growth of the industry is targeted to be restaurant-to-customer delivery, which accounts for US$137 million compared to US$55 million for platform-to-customer delivery segment.

“The food delivery industry, which is part of the gig economy, should be based on the digitalisation concept. It is at the top of the government's agenda in the medium to long-term economic recovery plan currently being drawn up by the Economic Planning Unit and the Economic Action Council,” he said in his speech for the AEON rider motorcycle handover ceremony here today.  

The text of his speech was read by Deputy Minister in the Prime Minister's Department (Economy) Arthur Joseph Kurup.

Mustapa said the medium to long-term economic recovery plan, to be announced by October, would look at the renewal of the job market, issue of quality investments and digital economy.

At today's function, AEON Malaysia, through the Malaysian AEON Foundation (MAF), donated 300 motorcycles for the AEON Rider Project to create employment for those who lost their jobs due to the COVID-19 pandemic.

AEON Retail Malaysia chief executive officer Shafie Shamsuddin said the company launched the initiative to help individuals affected by the pandemic, and even provided the motorcycles for the riders.

Anyone interested to become part of the AEON Rider family could apply from now, he said.

The AEON Rider Project offers a gross salary of RM1,200 plus delivery charges for a contract duration of one year, and riders who perform their jobs well will get to keep the motorcycles for free and become permanent AEON Malaysia employees.

Posted by Good123 > 2020-08-07 07:18 | Report Abuse

is the edge made a mistake? aeon co ltd Japan, not Aeon (m) BHD?

AEON Co (M) Bhd's RM142 million court case levied by Mega Continental Sdn Bhd has been set aside. The Alor Setar High Court has set aside the judgement in default of RM142 million against AEON, with judgement in relation to its alleged failure to perform an obligation under a lease agreement with Mega Continental in Alor Setar. The company has instructed its legal representation to file an application to strike out the suit filed by Mega Continental. It will be undertaking legal actions against Mega Continental for the loss of income, reputation and unnecessary inconvenience caused to its customers, people and partners.

Posted by Good123 > 2020-08-07 07:21 | Report Abuse

Japan's AEON Co Ltd owns 51% of Bursa-listed AEON Co and 95.49% of AEON BiG. The remaining 4.51% in AEON BiG is held by AEON South East Asia Sdn Bhd.Jun 23, 2020

Posted by Good123 > 2020-08-07 07:27 | Report Abuse

for remembrance.

Aeon enters M'sia in a BIG way

BUSINESS

Friday, 02 Nov 2012

12:00 AM MYT

By JOHN LOH



Aeon Co chief executive officer for Asean Nagahisa Oyama said yesterday: ‘I will be sending a message to all employees of Carrefour Malaysia which expresses our intention to retain all of them.’

KUALA LUMPUR: In a move that surprised market watchers, Japan's largest retailer Aeon Co Ltd will swallow Carrefour's Malaysian operations on its own without the involvement of its locally-listed entities Aeon Co (M) Bhd (Aeon Malaysia) and AEON Credit Service (M) Bhd.

The deal thus has no financial impact on Aeon Co's Malaysian subsidiaries as they will be run separately from the newly-acquired Carrefour Malaysia, said Aeon Co chief executive officer for Asean Nagahisa Oyama, but it is expected to produce synergies in aspects such as information technology (IT), distribution network and product development.