Preview

Background of Jusco Aeon in Malaysia

Good Essays
Open Document
Open Document
367 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Background of Jusco Aeon in Malaysia
1.0 Background of JUSCO AEON
ÆON Co. (M) Bhd. was started from Jaya Jusco Store Sdn. Bhd. In 15 September 1984, the first JUSCO store was established in Malaysia. In 1983, our Malaysian Prime Minister Dato’ Seri Dr. Mahathir (Now known as Tun Dr. Mahathir) visited Tokyo and then met the JUSCO Co. Ltd. President, Mr Takuya Okada to discuss the proposition of bringing JUSCO to our country. Luckily all of the talks ended with a positive note, and then Dr. Mahathir invited JUSCO to set up store in Malaysia. All these effort had responded to Malaysian Prime Minister Dato’ Seri Dr. Mahathir’s request to modernize three retail industry in Malaysia by using the world’s most advance management expertise. This is because he believes that it was a need for our country economic growth on that time.
JUSCO’s vision is to establish AEON as a leading retailer brand in consumer finance and service industry by providing excellent customer service. Its mission is to provide a wide range of consumer financial services that best meet their customer needs and they are committed to serve their customers to improve their lifestyle through AEON products and services. AEON insist to a strict code of corporate ethics and at the same time, engage in activities which contribute to society.
The board of directors of AEON are Dato’ Abdullah bin Mohd Yusof, who is the chairperson of the board, Mr Jerome Thomas Black, who is the non-executive director, Mr Nagahisa Oyama, who is the managing director and 7 more directors in the boards. The top 3 major shareholders of AEON are AEON CO. LTD, HSBC Nominees (asing) SDN BHD, and CITIGROUP Nominees (tempatan) SDN BHD.
AEON is listed in Bursa Malaysia as a trust company under the Trust Companies Act 1949 and Registration of Businesses Act 1956. AEON was awarded the Green Leadership Award and Prime Minister CSR Award for Community and Social Welfare. This shows that AEON is really take part on their Corporate Social Responsibility as the effort that

You May Also Find These Documents Helpful

  • Satisfactory Essays

    - The company is run by a board of directors led by chairman and chief executive Nick Varney. There are number of other directors including roles such as Group Development Director and Brand Development director. These directors…

    • 590 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    The chairman of the board of directors is R.H. (Dick) Auchinleck, the chief executive officer/president is Darren Entwistle, chief financial officer is Doug French. The corporate directors are Donald Woodley and John S. Lacey.…

    • 1142 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Tesco was helped in developing this approach by entering the market through a joint venture with Samsung, a powerful brand name in its own right and one of the leading conglomerates in South Korea. This will help build the recognition for Tesco in South Korea and build a relationship with new customers. As per the Hofstede theory referred to earlier, Samsung represents safety and security within the South Korean market. Therefore, UA is likely to be severely reduced when partnered with such an established brand within the target community.…

    • 1566 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    Ansoff Matrix of Tesco

    • 566 Words
    • 3 Pages

    Tesco was basically a UK based supermarket which has expanded itself to several countries, personal finance, internet shopping and product and services. They now have 923 stores all over the world. They believe that the increasing sales and purchase in the global market forms a significant part in its growth.…

    • 566 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    As shown in the annual report, the chairman is Mr. Marcus C Blackmore AM (Blackmores Annual Report 2011, page 35).…

    • 1494 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Panera Bread Case Study

    • 1890 Words
    • 8 Pages

    Management: Executive Chairman of the Board is Ronald Shaich. Chief Executive Officer and President is William Moreton…

    • 1890 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    9. Joint venture with “Future Group” in India to attain shelf places in the biggest retail chain stores.…

    • 4426 Words
    • 18 Pages
    Good Essays
  • Powerful Essays

    Analysis

    • 1611 Words
    • 7 Pages

    Structure: James A. Zimmerman, who was once chief executive officer and chairman of the board, retires. Terry Lundgren, who is CEO, president and chief operating officer, now also becomes the chairman of the board.…

    • 1611 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Tesco’s continuing success depends on it reassessing and formulating clear business strategies. It aims to improve customer loyalty and its core India 's business in order to help it develop the shopping experience for its customers. It devoted 1 billion to an investment program to achieve this. To improve competitiveness, strategies were developed. Main driving forces behind these strategies are price, range, quality and innovation as well as delivering great multi-channel customer service, for example through its…

    • 1648 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Tesco Malaysia Observation

    • 1230 Words
    • 5 Pages

    On Thursday May 6, 2010. I went to the Tesco supermarket at Puchong. At first I came to Malaysia, I don’t know about Tesco, because they not open a branch in my country, Indonesia. I only know the supermarket like Giant and Carrefour. First of all, I think Tesco is a local company, but several times later I know that Tesco is originally from UK. I like to come in weekdays so it’s not crowded as on weekends.…

    • 1230 Words
    • 5 Pages
    Good Essays
  • Good Essays

    We would like to express our deep appreciation to the subject teacher of Marketing for giving us such an immense opportunity to prepare this report. We also like to thanks the manager at Java, thamel to provide us with the necessary and important information and giving us his valuable time.…

    • 7468 Words
    • 24 Pages
    Good Essays
  • Good Essays

    The company chosen for this assignment is Mamee Double-Decker Malaysia Berhad. Mamee was founded in 1971 by Datuk Pang Ching Hin and headquartered in Malacca. Mamee Double Decker is Malaysia food processing, snack and diary product company, Mamee Snack is very popular among Malaysian it is a childhood snacks for all of us no matter what age range you are. It mainly produces and sells instant noodles, snack, confectionery and beverages. Mamee Double Decker not only sells its product locally but had penetrated the international market as well. Today Mamee products are exported all around the world to more than 8- countries and area it serves includes Asia, Middle East, Africa, America, Europe and Oceania. Product produced by Mamee are popular and well known to most households especially children.…

    • 800 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    The Project envisages for setting up an Automatic Rice production plant on an area of land measuring…

    • 4549 Words
    • 120 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Seven Eleven Case Study

    • 334 Words
    • 2 Pages

    The Seven-Eleven Japan Co. case discusses about the rise of Seven-Eleven in the Japanese retail store business. It analyzes the factors contributors to the phenomenal success of the company in the retail business with a supply chain perspective. The analysis focuses on the company’s supply chain strategy and performance drivers which leads to great balance between efficiency and responsiveness.…

    • 334 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Tesco

    • 2806 Words
    • 12 Pages

    Tesco Online Shopping has become popular in UK. Online shoppers are able to receive countless home deliveries of food, non-food, service and more. Grocery online shopping can be as simple as shopping at the supermarket. (news.idealo.co.uk) Therefore it is a must to implement online shopping in Malaysia since South Korea and Republic of Ireland already began. In 2010 there are already 39 Tesco stores in Malaysia. (solarnavigator.net, 2007) However, there is no Tesco Online Shopping in Malaysia. So it definitely will be a continuous…

    • 2806 Words
    • 12 Pages
    Best Essays