NEWS ARTICLE

NU SENTRAL PARKING ANNOUCEMENT

KUALA LUMPUR: Retailer and wholesaler Mydin Mohamed Holdings Bhd is seeking a buyer for its premium chain of Sam’s Groceria stores as part of its ongoing internal reorganisation, said its managing director Datuk Ameer Ali Mydin.

The group now operates four Sam’s Groceria outlets, which are located in Gurney Paragon Mall and Straits Quay on Penang island, Sunway Carnival Mall in Seberang Perai and Nu Sentral here.

Ameer estimated the grocery business to be worth RM50 million. The planned sale comes on the heels of the disposal …