KV Asia Capital acquires TF Value Mart, a leading hypermarket chain in Malaysia

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.