Lulu to set up hypermarkets in Malaysia

Abu Dhabi-based Lulu Group International plans to establish Lulu Hypermarkets in Malaysia.

Malaysia’s Federal Land Development Authority (Felda), a major land development and resettlement agency, will sign a memorandum of understanding with Lulu Group in this regard on May 19 in Abu Dhabi, according to an invitation.

The MoU will be signed in the presence of Malaysian Prime Minister Mohd Najib Tun Abdul Razak and chairman of Felda Mohd Isa Abdul Samad, by the director General of Felda Faizoull Ahmad and managing director Lulu Group International Yusuffali MA, it said.

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