Island-based firm buys Macau supermarket chain
A Bermuda-based company has bought a chain of supermarkets in Macau.
Dairy Farm, part of the Bermuda-based Jardine Matheson empire, has acquired San Miu supermarkets, which operates 15 large stores in the former Portuguese colony, near Hong Kong.
Dairy Farm is a pan-Asian retailer, which, together with associates and joint ventures, operates more than 6,100 retail outlets across the region, employing 100,000 people with total 2014 sales of $13 billion.
The firm is incorporated in Bermuda and has a standard listing on the London Stock Exchange as its primary listing, with secondary listings in Bermuda and Singapore.
Man dies after North Shore fall
Motorist was ‘flying’
The bulging cost of obesity
A top deal at Rock Bottom
A need for ‘knocker knitters’
Couple celebrate landmark visit
Minibus service reaps rewards of research
Helping women celebrate island life
Governor wants more scholarship applicants
Proud to be known as a ‘pond dog’
Drink-driver banned for three years
Girls club duo dream big
Take Our Poll