New Opening Marks Ongoing Expansion in Southeast Asia, Following Singapore and Indonesia
The Valuence Group offers life-changing value tailored to all our stakeholders, encouraging every person in the world to live true to yourself. Valuence Group company Valuence International Limited (Headquarters: Hong Kong SAR, People’s Republic of China, Representative Director: Susumu Muguruma) has announced that luxury brand item buying business Nanboya has expanded into Malaysia. Its first location here, the Nanboya Plaza Damas Office, will newly open on Thursday, December 24, 2020.
Seeking to spread Japan’s culture of reuse in Malaysia, a place of coexistence between diverse ethnic groups
Valuence International, which continues to establish new locations across Southeast Asia, will open its first office in Malaysia, the Nanboya Plaza Damas Office. Malaysia is a nation of diverse ethnicities and mutual respect for other races with differing cultures and religious beliefs. Nanboya’s first location here will be established at Plaza Damas, an up-and-coming residential area located in the northwestern part of the nation’s capital, Kuala Lumpur.
Plaza Damas is a high-class residential area lined with highrise condominiums where many Japanese and expatriates live, making it a bustling place for wealthy persons, a target for the Nanboya brand. A number of used branded good shops have opened in the area in recent years, with lots of traffic from people familiar with reuse and those fond of branded goods.
In this district, we will strive to permeate the smart, ecofriendly lifestyle and reuse culture proposed by Nanboya.
Valuence to Continue Opening Offices in Southeast Asian Countries
Beginning with its entry into Hong Kong with its auction business in 2017, Valuence Group has launched a full-scale effort to expand its overseas businesses. In 2019, it entered Hong Kong with its branded and other goods purchasing business, accelerating its overseas expansion in 2020 with entry into Indonesia, Singapore, and now Malaysia. Going forward, Valuence is planning for more purchasing offices in Southeast Asian countries, looking to achieve the goal set by its VG1000 medium-term management plan of 30 overseas offices by the end of FY2025. With this and strengthening purchasing in keeping with local needs in various countries, it is striving to promote the spread of reuse culture.
■ Buying Office Overview
The Nanboya Plaza Damas Office inherits design from its Japanese counterparts, offering a bright, salon-like atmosphere welcoming to all ages and genders, plus design elements giving consideration to privacy. In Malaysia, Valuence and its concierges (appraisers) will deliver customer service that values the story of customers and their possessions, elements important for Nanboya.
• Office name:
Nanboya Plaza Damas Office
• Grand opening:
Thursday, December 24, 2020
E-0-4, Plaza Damas, Jalan Sri Hartamas 1, 50480,
Kuala Lumpur, Malaysia
• Business hours:
Monday to Friday, 10:00 AM to 7:00 PM (local time).
*Closed on local holidays
• Eligible items:
Watches, bags, jewelry, accessories
• Language support:
Cantonese, Chinese, Malay, English
Valuence International Limited
• Established: November 19, 2008 (Group established: September 2015)
• Representative Director and President: Susumu Muguruma
• Head Office: 7F&8F, Nathan Hill, 38 Hillwood Road, Tsim Sha Tsui,Kowloon, Hong Kong
• Business lines: Purchase and sales of luxury brand goods, precious metals, gems, etc.
Valuence Holdings Inc.
• Securities Code: 9270
• Established: December 28, 2011
• Representative Director: Shinsuke Sakimoto
• Head Office: Shinagawa season terrace 28F, 1-2-70 Konan, Minato-ku, Tokyo, 108-0075
• Business Lines: Conducts group business management and support, strategic planning, and other functions to maximize corporate value
* Valuence International is a group company of Valuence Holdings Inc. (Securities Code: TSE Mothers 9270)