TMC Supermarket

Public sources state that **TMC in Malaysia is part of the same food retail portfolio as Giant, Cold Storage, Mercato and Giant Mini**, historically operated by **GCH Retail (Malaysia) Sdn Bhd** under Dairy Farm International (DFI).[6][7] However, they do not clearly name the specific Malaysian operating company that holds the TMC-branded supermarket business today. Key points from available information: - Wikipedia and other coverage identify **GCH Retail (Malaysia) Sdn Bhd** as the operator of Giant and related brands, and state that its parent company operates **TMC in Malaysia** alongside Mercato and Cold Storage.[6] - GCH Retail was previously 70%-owned by **DFI Mauritius Ltd** (Dairy Farm) and 30% by **Syarikat Pesaka Antah Sdn Bhd**.[6] - On **23 February 2023**, DFI announced exit from Malaysian grocery retail and sale of its Malaysian food businesses (including **Giant, Cold Storage, Mercato and TMC and Giant Mini stores**) to **Macrovalue Sdn Bhd**, a Malaysian retail group led by Datuk Andrew Lim.[3][6] - Coverage of the deal explicitly describes Andrew Lim as the new owner of **Giant, Cold Storage, Mercato, TMC and Giant Mini stores in Malaysia** and notes that DFI’s Malaysian food business was sold to **Macrovalue Sdn Bhd**.[3] Because post-transaction corporate filings for the TMC unit are not provided in the search results, it is **not possible to state with confidence** whether TMC supermarkets are still held directly in **GCH Retail (Malaysia) Sdn Bhd**, in another legacy DFI entity (e.g. Giant TMC Berhad), or in a new Macrovalue-controlled SPV. The only clear fact is that the **controlling owner of the Malaysian TMC supermarket business is Macrovalue Sdn Bhd, a privately held Malaysian company**, not listed on Bursa Malaysia or any foreign exchange.[3][6] Accordingly: - Immediate operating company: specific Sdn Bhd that legally operates the TMC outlets cannot be identified with confidence from public narrative sources alone → treated as unknown at the precise entity level. - Ultimate parent (controlling owner in Malaysia): **Macrovalue Sdn Bhd (private)**.[3][6] No evidence was found that Macrovalue Sdn Bhd is listed on Bursa Malaysia or any foreign exchange, nor that it is government-owned; it appears to be a privately held vehicle controlled by Datuk Andrew Lim.[3]