QL Resources to open another two convenience stores by year-end

KUALA LUMPUR: QL Resources Bhd, which has launched its second "FamilyMart" convenience store at Mid Valley Megamall today, will open another two convenience stores by end of this year, located at Taman Tun Dr Ismail Mass Rapid Transit (MRT) station and Gateway at Kuala Lumpur International Airport 2 (Gateway @ KLIA2).

"We have allocated RM15 million to RM20 million for the stores development every year and we are optimistic that we are on track to achieve 300 stores in five years," its executive director Chia Lik Khai told reporters at the launch ceremony today.

Chia said the convenience stores with a size ranged from 500 square feet to1,400 square feet, offering around 2,000 to 2,500 products including ready-to-eat food.

QL, which produces chicken eggs and seafood surimi, diversified into the convenience store business with the opening of its first store at Wisma Lim Foo Yong in Kuala Lumpur last month.