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Malaysian retail group Macrovalue has acquired Singapore's Cold Storage and Giant supermarket chains for S$125 million.

SINGAPORE: All Cold Storage and Giant supermarket outlets in Singapore will be sold to Malaysian retail group Macrovalue for an initial price of S$125mil (RM414mil).

SINGAPORE - Customers of Cold Storage and Giant can expect more value for money, a greater variety of merchandise and new outlets following the sale of the supermarket chains to Malaysia retail ...

Singapore Cold Storage, Giant supermarket chains in Singapore to be acquired by Malaysian company in S$125m deal The sale to Macrovalue is expected to be completed in the second half of 2025.