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Japan's FamilyMart eyes 1,000 Malaysian stores by 2025

Partnering with local group QL Resources to capture urban market

Customers try the new Japanese oden fishcake counter at FamilyMart.

KUALA LUMPUR -- FamilyMart, the world's second-largest convenience store chain, said Friday it is considering an expansion of up to 1,000 stores by 2025 in Malaysia, its newest overseas market.

The growth will be made possible via a franchise business model in partnership with QL Resources, one of Malaysia's largest agro-food companies, at a time when economic uncertainty has resulted in a sluggish retail market.

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