JAKARTA. PT Ace Hardware Indonesia Tbk (ACES), the retail company under Kawan Lama Group, announced its plan to open a new store in Yogya Lembang Junction, Bandung, on April 22, 2021.
Helen Tanzil, Corporate Secretary of ACES, stated that this recent store would be ACES’s third store to be established within this year. The said store would be built on a 900 square metre land area.
“Therefore, the company now owns 210 stores in total,” Tanzil claimed through the information disclosure in Indonesia Stock Exchange today (20/4).
According to idnfinancials.com, another recently opened ACE Hardware store was located in Kudus, Central Java, which utilised a 3,100 square metre land area. Then, one more store has also been opened in Greenlake City, Tangerang, Banten.
ACES has not yet specified the investment cost to establish these three brand new stores. (KR/ZH)