- Business
- Aeon Co. (M) Bhd. Aeon Co. (M) Bhd. (6599.KL) operates and manages a chain of departmental stores, supermarkets, and shopping malls across Malaysia, offering a broad range of consumer goods and services through its Retailing and Property Management Services segments. The company sells groceries, apparel, household products, electronics, furniture, bedding, pharmaceuticals, personal care items, toys, stationery, kitchen gadgets, and seasonal merchandise; it also provides financial and credit services, loyalty programs, online shopping via the myAEON2go e-commerce platform and foodpanda app integration, as well as operates specialized outlets including MaxValu customer service and wellness stores, Rocky Basecamp centers, Petemo Petlife Stores, over 60 AEON Wellness centers, 45 Daiso flat-price outlets, and HÓME CÓORDY branded home essentials. With approximately 34 AEON stores, 28 AEON Malls, 8 AEON MaxValu outlets, and 21 AEON BiG locations nationwide, it targets diverse customer segments from families to wellness-focused shoppers, headquartered in Kuala Lumpur since its founding on September 15, 1984, as Jaya Jusco Stores Sdn. Bhd., and rebranded to its current name in September 2004 as a subsidiary of Japan's Aeon Co., Ltd. Recent developments include the groundbreaking in July 2025 for a major four-storey expansion of AEON Mall Seremban 2, set for completion in fiscal 2027 and positioning it as the company's second-largest mall; expansion and upgrade announcements for AEON Mall Kinta City in Perak; and the completion of Sunway REIT's acquisition of AEON Mall Seri Manjung in July 2025, alongside new store openings and ongoing enhancements to its digital and omnichannel retail capabilities.