KK Mart opens in Nepal
by Cynthia Blemin, PETALING JAYA: HOMEGROWN 24-hour supermarket chain, KK Super Mart, the flagship of KK Group of Companies has opened its first overseas outlet near the city of Kathmandu in Nepal recently.
The outlet located in Boudha, a town popularly known by locals and tourist to be one of the holiest Buddhist sites in Kathmandu was opened for business on July 11.
“This is our first outlet outside of Malaysia and the company is targetting to open another three outlets in Nepal by year end,” said franchising/business operation senior manager Ronnie Koh Yong San.
Nepal was chosen as a choice for the company’s overseas expansion into Asian markets due to the fact that most of the company’s staff are foreigners and some were from Nepal, he added.
Having such outlets, the company will be able to train their Nepalese staff in Malaysia whom will be able to secure jobs with the company once they returned back to their country, he also said.
The other outlets due to open will be in Lagankhel, Bhainsepati and Newbaneshwor respectively, he added. Catering to demand, the present outlet in Boudha operates on a 16-hours basis from 7am to 11pm daily, he also said.
Founded by Datuk Dr Douglas K.K. Chai, the company is expected to invest over RM1 million to set up the four outlets, he added, with a total investment of RM400,000 per outlet that includes franchising fees and stocks ranging from 6,000-8,000 products.
They are also looking to expand to Indonesia in future due to its huge market potential, he also said.
The company has 95 outlets in the Klang Valley and one each in Malacca and Kuching, with plans to open 150 outlets by end of this year and 500 outlets nationwide by end of 2015.
Published Date: Wednesday, July 25th, 2012 | 05:54 AM