KUALA LUMPUR, Feb 23 The founder of supermarket chain Jaya Grocer, Teng Yew Huat, has died at the age of 68. Jaya Grocer chief executive officer Adelene Foo confirmed Teng’s.
Grab Holdings Ltd, Southeast Asia’s biggest ride-hailing and delivery firm, is buying over premium supermarket chain Jaya Grocer. According to sources, it is forking out RM1.5 billion to RM1.8 billion to acquire the business.