MBC enters grocery retail business
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PETALING JAYA: Malaysian Bulk Carriers Bhd (MBC) had entered into a conditional collaboration agreement with Tunas Manja Sdn Bhd (TMSB) to diversify into the grocery retail business.
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It operates a chain of 85 supermarkets and grocery stores operating under the “TMG” brand throughout Malaysia, with the majority of the stores located in the East Coast of Peninsular Malaysia, a filing by MBC with Bursa Malaysia said.