In June 2026, Frasers Group agreed the sale of the entire issued share capital of Sports Direct Malaysia, the Malaysian arm of Sports Direct, which operates more than 40 stores across the country.
This transaction builds on Frasers Group’s existing partnership with MAP Active across Indonesia, the Philippines, Thailand, Vietnam and Cambodia, further advancing its Southeast Asia strategy by unlocking operational efficiencies and streamlining regional operations. Under a long-term agreement, MAP Active will also continue to expand and develop the Sports Direct business in Malaysia. The expanded partnership reflects Frasers Group’s commitment to working with trusted local partners to accelerate international expansion and deliver sustainable long-term growth.
Kroll’s Transaction Advisory Services team provided sell-side support throughout the process, alongside the preparation of the Company’s financial forecast model and SPA advisory services.