Founded in 2015, Flexi Storage was established to provide hassle-free and flexible self-storage service for homes and businesses here in Malaysia. Founded by Desmond How and Alex Lee, this startup hoped to provide a solution for folks who were caught between freeing up much needed space in their homes and getting rid of items that they weren’t ready to part with.

8 years later, the company has provided secure and flexible storage for personal and business use to more than 1,600 customers, now offers over 1,000 self-storage units, spanning over 85,000 square feet (sq ft) of gross floor area (GFA), and most notably is now know as StorHub Self Storage Malaysia following a majority-stake acquisition by Singapore’s largest self-storage operator, StorHub Group.

To walk us through the 8 year journey, what this acquisition means for them, and what lies ahead with StorHub in the picture, we speak to StorHub Self Storage Malaysia’s CEO - Desmond How, and COO Alex Lee, the co-founders of the company formerly known as Flexi Storage.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan

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Categories:  entrepreneurs,  markets

Tags:  ofbbb2023,  storage business,  self storage,  m&a,  acquisition,  ecommerce,  urbanization,