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Malaysia’s MBG Fruits targets double revenue by 2017, to add 35 outlets

Malaysian fruit retail chain operator, MBG Fruits Sdn Bhd (MBG) aims to multiply revenue to MYR123 million (USD38m) in the next three years.

Its Managing Director Adnan Lee Chong Fatt Abdullah said the target to double revenue would be made possible by having more outlets through the company’s staff entrepreneur programme (SEP).

"From 2014 to 2017, MBG will be undergoing a dynamic expansion process to grow organically to 60 outlets from 25 currently, through the SEP and profit-sharing programme with its staff," Adnan told Bernama in an interview recently.

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