TF Value-Mart Sdn. Bhd
| ISIN | 🆔 |
|---|---|
| Industry | Retail |
| Founded 📆 | 1957 |
| Founder 👔 | |
| Headquarters 🏙️ | Petaling Jaya, Selangor, Malaysia |
Number of locations | 41 |
Area served 🗺️ | |
| Owner | Intermediate Capital Group (IGC) |
| Members | |
Number of employees | |
| 🌐 Website | [Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] |
| 📇 Address | |
| 📞 telephone | |
TF Value-Mart is a Malaysian retail company that operates a chain of hypermarkets in Malaysia, and is currently headquartered in Petaling Jaya, Selangor. It currently operates 41 stores, primarily in northern Malaysia.
History
In 1998, the Low family purchased two abandoned theatres in Bentong, converting one into a warehouse, with the other being converted into the first TF Value-Mart location.[1]
In 2016, the Low family sold the company to Singapore-based private equity firm KV Asia Capital Pte Ltd. In December 2020, following a management buyout financed by British investment firm Intermediate Capital Group, the company now owns a stake in the company through Asia Fund IV.[1]
References
- ↑ 1.0 1.1 "New owners of TF Value-Mart to keep winning formula". The Edge Malaysia. Retrieved 2024-01-01.
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