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KK Group Celebrates 21st Anniversary

The group has much to celebrate. It has 636 stores and counting, including outlets in Nepal and India. It also recently partnered a Korean company to bring in the popular GS25 convenient stores next year.

K Super Mart Group of K Companies celebrated its 21st anniversary in style at the Kuala Lumpur Convention Centre early October 2022. The event feted 2100 guests consisting of sta , family members, the media and invited guests.

The company has 636 24-hour KK Super Mart outlets. Founder of KK Super Mart Datuk Seri Dr KK Chai said this is proof that anything is possible if one has the right strategy.

The family-owned grocery store started its business in Jan 2001. Just 10 years ago, it opened its 100th store, and in 2020 it hit a milestone with the launch of its 500th store.

“Convenience stores are an integral part of modern cities. In countries like the US, South Korea, Japan and Taiwan, the market penetration is relatively high. There is on average one convenience store for 2100 Americans, 2200 Japanese and 1250 South Korean.

“Looking at the statistics, 32 million Malaysians should see a total of at least 16,000 convenience stores. There are currently 5000 convenience stores in Malaysia today. There is much room for growth,” Datuk Seri KK Chai said.

In early July 2022, KK Group announced that it has joined hands with South Korea’s convenience store chain GS25. The brand has more than 16,000 outlets in South Korea.

The two companies will open its rst GS25 store in Malaysia next year under the master franchise deal.

“With KK’s knowledge in distribution, operations and its rsthand market understanding, coupled with the franchise know-how of GS25, we aim to open 500 GS25 convenience store in Malaysia in the next ve years.

“This business model can help young entrepreneurs start their own business and plan their career path under the guidance of KK Super Mart.”

In order to grow its resources and to contribute more to the community and the country, Datuk Seri Dr KK Chai aims to list the Group on Bursa Malaysia within the next two years.

He also added that KK Group welcomes entrepreneurs to collaborate with the company, supporting each other in order to ful l its mission. “We are a Malaysian company. This is where we want to grow and flourish.”

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