State Trading Organization (STO) has kicked off its annual year-end sale with massive discounts.

Senior officials from several departments of the company launched the STO People’s Choice sale during a ceremony held at the STO People’s Choice Super Mart on Tuesday.

Speaking to media regarding the year-end sale, STO’s Sales Manager Abdulla Saeed revealed that the sale will proceed through the end of 2022, starting Tuesday.

Saeed highlighted that the promotion will also proceed at regional stores in addition to their super mart.

He added that customers will have the opportunity to enjoy special discounted prices as well as win grand prizes under the promotion.

As such, all STO products including those at the super mart, will come with an 80 percent discount tag.

Customers will be enrolled in the lucky draw if they make a purchase above MVR 500.

Through the promotion, STO will be gifting a 65-inch TV and sound speaker system to the first-place winner, with a gift voucher worth MVR 15,000 promised for the second-place winner and a gift voucher of MVR 5,000 promised for the third-place winner.

STO’s annual year-end sales have been receiving immense support from the general public so far and the company expects 2022’s sale to turn out just as successful and popular among customers.