It was difficult for JAKEL TRADING to obtain supplies due to an economic downturn at the end of 1997 until 1998. Fortunately, the crisis had been handled successfully by Datuk Seri Mohamed Faroz Bin Mohamed Jakel, who is now the Managing Director of JAKEL Group of Companies, the eldest son of Mohamed Jakel.
Due to a stock shortage in the market, JAKEL TRADING took a brave step heading directly to the manufacturers by importing stocks from overseas and sell them to the wholesalers in Malaysia. In the beginning, the Korean exporters were reluctant to work with JAKEL TRADING. Moreover, most of the importers could not extend their businesses as the bank had dismissed their facilities. However, Datuk Seri Mohamed Faroz Bin Mohamed Jakel’s failure at the first attempt was not an obstacle for him to keep trying.
An investment of RM1.6 million was made to purchase the Shaw Brothers’ Rex Cinema located in Segamat, Johor. The theatre was turned into a warehouse. Although JAKEL Trading received overwhelming responses from the customers, the courageous decision was indeed worth taken. In the late 1990s, JAKEL TRADING became the major wholesaler and distributor of the textile industry in Malaysia. With the goal of “ONE BRANCH, ONE STATE”, JAKEL TRADING has opened 20 branches throughout Malaysia. It intends to conquer the textile industry from north to south of Malaysia.
In the beginning
The late Mohamed Jakel Bin Ahmad started his small retail business in Muar, Johor selling carpets to the local community and wholesaling to other sellers around town.
Jakel’s first branch was opened in Segamat and was named ‘Jakel Trading’. They expanded the business from just selling carpets to retailing textiles and fabrics at wholesale prices to the public.
Jakel further expanded its operations by venturing as a textile semi-wholesaler and supplier for the government agencies and private sectors.
Due to the economic crisis and shortage in fabrics, Jakel switched to direct imports from overseas. Since then, Jakel became a major wholesaler and distributor of the textile industry in Malaysia.
Jakel remains as the biggest textile industry in Malaysia with 22 stores nationwide offering a myriad of fabrics, ready-to-wear clothing, bridal items, essentials and home furnishings.
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