The Hour Glass Limited
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July 1, 2020
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The Hour Glass Limited

Revenue:
SGD 720.9 million (2019)
Profit:
SGD 71.4 million (2019)
Employees:
236 (2019)
GICS Industry Group:
Headquarters:
#11-01 Tong Building, Singapore
Founded:
1979
Current CEO:
Michael Tay Wee Jin (April 2015-)
Parent:
This is the ultimate parent

Description

The Hour Glass Limited is a Singapore-based luxury watch retail group which has an established presence with over 40 boutiques in twelve key cities in the Asia Pacific region. The principal activities of the company and its subsidiaries are those of investment holding companies, retailing and distribution of watches, jewellery and other luxury products, and investment in properties.

The Hour Glass Limited is the official retailer for luxury watches from more than 50 watch brands such as Audemars Piguet, Cartier, Hublot, IWC, Patek Philippe, Richard Mille, Rolex, Sinn, TAG Heuer and more. The company's multi-brand boutiques are all located in the main retail corridors in Singapore, Malaysia, Thailand, Vietnam, Japan, Hong Kong, Australia and New Zealand.

The registered office and principal place of business of the company is located at 302 Orchard Road, #11-01 Tong Building, Singapore 238862.

The Hour Glass Limited is a limited liability company incorporated and domiciled in Singapore and is listed on the Singapore Exchange (SGX) under the code AGS.

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

Operating Segments:

Retail - The Hour Glass Limited only operates through one business segment which is the retailing and distribution of watches and jewellery and other luxury products. For the financial year end 31 March 2019, the company generated SGD 720.9 million in revenue.

Mergers and Acquisitions:

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