Hankyu Department Store
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History
Hankyu once operated in Malaysia in the 1980s as Hankyu Jaya, established in March 1984 as Hankyu Jaya Holdings Berhad. Its initial subsidiaries were Hankyu Jaya Shopping Centre Sdn Bhd, Hankyu Jaya Shopping Centre (Kedah) Sdn Bhd; Hankyu Jaya Holdings later added two new subsidiaries
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Template:R protected Hankyu Jaya Ampang Park and Hankyu Jaya Shopping Centre (Kelantan) Sdn Bhd
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Template:R protected in July 1986.[1] Locally owned company, Mun Loong Berhad, acquired 49% stakes of Hankyu Jaya Shopping Centre and Hankyu Jaya Ampang Park[2] in 1989.[3] Due to Hankyu Jaya's low-margin operations, Mun Loong received only 20% profit.[3] Meanwhile, Mun Loong planned to open two new Hankyu Jaya outlets by the end of 1990; one of them located in the Klang Valley, and renovate its existing stores to meet demands and changing tastes of consumers.[3]
References
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See also
- Hanshin Department Store - one of two names of the department stores owned by Hankyu Hanshin Department Stores, Inc.