Popular bookstore chain bought over by Hong Kong company

The Popular bookstore chain has been operational in Singapore since 1924.SINGAPORE — The Popular bookstore chain has been acquired by a Hong Kong investment company for an undisclosed sum, Chinese newspaper Lianhe Zaobao reported on Thursday .Popular Holdings' businesses include the Popular and other bookstore chains in Singapore, Malaysia, China and the United States.

The investment firm said it identifies "industry leaders that will support and benefit from China's macroeconomics in the long term". The letter added that in addition to its retail, distribution and publishing businesses, Popular will position itself as a comprehensive education service provider to explore opportunities in China and South-east Asia's emerging markets.

Popular Holdings was incorporated in Singapore on Oct 5, 1996, and listed on the mainboard of the Singapore Exchange a year later.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Insurer AIA new business value rises 34% in Q3 on strong China, Hong Kong salesAsia-focused insurer AIA Group on Friday (Nov 3) posted a 34 per cent rise in the value of new business (VONB) for the third quarter, boosted by strong demand for its insurance products across operations including key markets like Hong Kong and Mainland China.
แหล่ง: ChannelNewsAsia - 🏆 6. / 66 อ่านเพิ่มเติม »

Global finance chiefs to face tougher China questions at Hong Kong summitHONG KONG : Global investment bank and asset manager chiefs are reuniting in Hong Kong next week amid geopolitical tensions and China's economic slowdown, seeking to redefine their position in the world's second-largest economy and its offshore financial hub.
แหล่ง: ChannelNewsAsia - 🏆 6. / 66 อ่านเพิ่มเติม »

HK investment firm ZQ Capital buys Popular bookstore chain for undisclosed sum: ZaobaoPopular's chief executive Chou Cheng Ngok is said to have decided to retire after the acquisition. Read more at straitstimes.com.
แหล่ง: straits_times - 🏆 5. / 69 อ่านเพิ่มเติม »