Malaysia, 18 Feb 2016 – Private equity firm KV Asia Capital (“KV Asia”), together with its local and international partners, has through its related investment vehicle Peta Sejahtera Sdn. Bhd. (Registration number: 1151887-W), acquired a controlling interest in TF Value Mart Sdn. Bhd. (Registration number: 482123-U), a leading hypermarket chain in Malaysia.
Founded in 1957, TF Value Mart operates a chain of 18 hypermarkets across 5 states in Malaysia, offering fresh produce, grocery products and general merchandise to local consumers. TF Value Mart is well-regarded by customers for its focus on quality and value.
About KV Asia Capital
KV Asia Capital is a private equity firm focused on making investments in mid-sized companies in South East Asia. The firm typically acquires significant or controlling ownership interest to institutionalize, improve and grow its portfolio companies. The experienced and multi-disciplinary team aims to be the partner of choice by facilitating profitable change through strategic, operational and financial initiatives. KV Asia Capital has offices in Kuala Lumpur, Singapore and Jakarta.
Tel: +65 6654 1281