AIGF completed sale of its stake in Jaya Grocer
24 Nov 2021
AIGF is delighted to announce the successful sale of its stake in Jaya Grocer. AIGF’s investment in Jaya Grocer back in 2016, was part of the fund’s strategy of identifying and investing in companies with strong potential and working alongside them to enhance the value of their businesses, to create leaders in their respective industries. During the investment, Jaya Grocer has experienced impressive growth, expanding organically from just over 10 stores to more than 40 today, making it one of the most established and leading brands in the supermarket industry in Malaysia.