Teng Family Selling Stakes in Jaya Grocer?

News have surfaced that the Teng Family might be looking at selling some stakes in the highly popular Jaya Grocer. There isn’t really much information on Jaya Grocers since they are still a private company. What we do know is that they were established in the mid-2000s with the funding of Mitsubishi, CIMB, and Development Bank of Japan through the private equity firm, AIGF. Let’s see some of the things that we can discern from the Jaya Grocer business and consider whether it will go public in the near future.

Jaya Grocer is backed by private…