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PUBLISHED: Feb 6, 2015 4:23pm

RadioShack Malaysia operating as usual

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KUALA LUMPUR, Feb 6: 

RadioShack’s operations in Malaysia are not affected by the position that RadioShack Corp USA is currently in, said Berjaya RadioShack Sdn Bhd, a wholly-owned unit of Berjaya Retail Bhd.

In a statement today, Berjaya RadioShack said it was a separate entity from RadioShack Corp.

“RadioShack Malaysia does not rely on RadioShack Corp and has its own arrangements in place with distributors worldwide for merchandise.”

In US, RadioShack Corp faced financial losses which had caused it to default in its debt settlement and has since been delisted on the New York Stock Exchange.

Berjaya RadioShack chief operating officer Yau Su Peng said the company was prepared for this situation.

“In Malaysia, RadioShack will continue to operate as usual. We are well-stocked and do not forsee any interruption in our inventory.”

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