Mydin

MYDIN Mohamed Holdings Berhad
Public
Industry Emporiums, convenience stores, franchises, minimarkets, supermarkets, grocery stores, and hypermarkets
Founded 1940 (1940) in Penang, Malaysia
Founder Gulam Husen Jamal
Headquarters Subang Jaya, Selangor, Malaysia
Number of locations
 267 outlets[1] (2015)
Key people
 Mydin Mohamed
Owner Mydin Mohamed Holdings Berhad
Slogan Why Pay More? Buy at Wholesale Prices!
Website www.mydin.com.my

Mydin is a Malaysian chain of hypermarket, supermarket and emporiums. It is notable for bringing local and overseas products at affordable prices catering to a large segment of Malaysian population.[2]

History

Mydin Hypermarket in Ayer Keroh, Malacca.

MYDIN was founded in 1918 by Gulam Husen Jamal, father to Mydin Mohamed in Penang.[3] Their first hawker business was started on 1940. However, the shop was burnt down as a result of World War II and the family lost everything. But with strong determination, perseverance and faith has made his children, Mydin Mohamed, to continue the trades of wholesaling.[4]

In 1957, he opened his first shop which was a small wooden shop named Syarikat Mydin Mohamed in Jalan Tok Hakim, Kota Bharu, Kelantan by selling toys and general merchandise with his own hard-earned money.[5] With the help of his immediate sons, the business spreads its operations to Kuala Terengganu in 1979 and later made their presences in Klang Valley at Jalan Masjid India in 1989. From then on MYDIN has grown steadily at a commendable pace. With its vision to be the world’s leading distributor of competitive halal-goods and services in Malaysia, it is now known as MYDIN Mohamed Holdings Berhad.

In 2011, MYDIN, along with other major hypermarkets such as Tesco and Carrefour participated in the TUKAR programme under the Economic Transformation Programme. The programme is aimed to transform 100 selected sundry shops into modern mini marts. The company is responsible for training the shops and providing assistance after transforming as mini marts along with Tesco. In July 2013, MYDIN's then ventured into the high-end retailing with the opening of the first SAM's Groceria outlet at the Gurney Paragon in Penang in July 2013. SAM affectionately stands for Saya Anak Malaysia (I am Malaysian).[6]

As of January 2015, there are 267 outlets nationwide which include 18 hypermarkets, 16 emporiums, 3 bazaars, 47 mini-marts that operate as MyMydin, 8 convenience stores that operate as MyMart and 6 franchise outlets operating as Mydin Mart, 5 premium grocery store known as SAM's Groceria, 2 premium F&B store known as SAM's Deli and 162 Kedai Rakyat 1Malaysia (KR1M).[1][3]

Board of directors

See also

References

  1. 1 2 "Mydin (RM3bil turnover) eyes Sabah next". Daily Express. 12 March 2015. Archived from the original on 18 April 2016. Retrieved 18 April 2016.
  2. ↑ "Mydin Cuts Down Prices of 50 Items Up to 30%". Mydin. Archived from the original on 18 April 2016. Retrieved 18 April 2016.
  3. 1 2 Nevash Nair (29 July 2013). "Mydin's SAM's Groceria all ready to capture high-end segment". The Star. Retrieved 29 July 2013.
  4. ↑ Nik Maheran Nik Muhammad; Filzah Md Isa; Siti Norezam Othman (29 July 2013). "Mydin transformation focus: leadership and organizational change". Universiti Teknologi Mara, Universiti Utara Malaysia. Emerald Group Publishing Limited, Academia.edu. doi:10.1108/20450621111180963. ISSN 2045-0621. Retrieved 18 April 2016.
  5. ↑ "Mydin mahu buka 7 lagi cawangan baru" (PDF) (in Malay). Penang State Government Secretary Office. 19 August 2013. Retrieved 18 April 2016.
  6. ↑ "Mydin goes high-end with SAM’s Groceria". Bernama. The Malay Mail. 23 July 2013. Retrieved 18 April 2016.

External links

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