Challenger Technologies Limited
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July 1, 2020
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Challenger Technologies Limited

Revenue:
SGD 320.2 million (2018)
Profit:
SGD 19.6 million (2018)
Employees:
339 (2018)
GICS Industry Group:
Headquarters:
Singapore
Founded:
1982
Current CEO:
Leong Thye Loo
Parent:
This is the ultimate parent

Description

Challenger Technologies Limited is a Singapore-based electronics retailer, with a network of over 38 stores across Singapore. The company's main store locations include Sun Plaza, Suntec City Mall, VivoCity, Tiong Bahru Plaza, and Tampines 1. Challenger Technologies is primarily engaged in the provision of IT products and services through the sale of IT and related products.

Challenger Technologies Limited offers customers special discounts and rebates, the ability to shop online, IT services, and the ability to track purchases, if customers join the company's ValueClub. According to the company, there are over 1 million ValueClub members.

In March 2019, Digileap Capital Limited proposed to acquire and subsequently delist Challenger Technologies Limited. However, in June 2019, a group of minority shareholders gained the 10% vote required to block the transaction. As a result, Challenger Technologies Limited remains listed on the Singapore Exchange (SGX).

Challenger Technologies Limited's registered office is located at 1 Ubi Link, Challenger TecHub, Singapore 408553.

Challenger Technologies Limited is incorporated in Singapore and is listed on the SGX under the code 573.

In Singapore Dollars (SGD)
In Singapore Dollars (SGD)
In Singapore Dollars (SGD)
No items found.

Operating Segments:

IT products and services - The IT products and services segment is involved in retailing a large selection of IT products including personal computers, notebooks, printers, scanners, digital imaging solutions, personal digital assistants, mobile and wireless connectivity solutions, audio-visual and projection equipment, and related peripherals. In the year end 31 December 2018, the IT products and services segment accounted for 97.93% (SGD 313.5 million) of total revenue.

Telephonic call centre and data management services - The telephonic call centre and data management services segment carries on the business of telephonic call centre, data management services and direct marketing services. In the year end 31 December 2018, the telephonic call centre and data management services segment accounted for 1.76% (SGD 5.6 million) of total revenue.

Electronic signage - The electronic signage services segment is involved in the supply and installation of electronic signages and provision of electronic signage services. In the year end 31 December 2018, the electronic signage segment accounted for 0.31% (SGD 1.0 million) of total revenue.

Mergers and Acquisitions:

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