Setting His Sights on Overhauling Mall

Mr Raymond Teo Kheng San

Published: The Star
By: Yvonne T.Nathan

Sogo (KL) Department Store Sdn Bhd stands at a pivotal turning point with a view to up the ante on growth, as it comes of age celebrating its 21st anniversary.

Aiming to revive the iconic shopping centre in the heart of Kuala Lumpur, Sogo KL group chief operating officer Raymond Teo Kheng San is gearing up for the year ahead with an optimistic view on the soon-to-be-implemented goods and services tax (GST).

“There is a lot of hype about it but if you look at GST in the long term, there may be a one- to two-month spike prior to its implementation, then a sharp drop; I think it will eventually stabilise after a year to 18 months.

“History shows the ability people have of adjusting, this may take a while because GST will be implemented across the board but things will even out,” he said.

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