| Description |
The Company was incorporated in Singapore on 17 September 2004 as an investment
holding company under the name of Zhongmin Baihui (S) Pte Ltd. On 8 November
2010, the Company changed its name to Zhongmin Baihui Retail Group Pte Ltd and
was converted into a public company on 21 December 2010.
The Group is principally engaged in the ownership and operation of the “????”
department store in Xiamen City, which is one of the largest underground retail
malls in Fujian Province, China. Spanning an estimated built-in area of 28,746
sqm, the Xiamen Store is located in the commercial centre of Xiamen City,
strategically located at a transportation hub where bus terminals (to both
within and outside of Xiamen City), bus rapid transit and the high speed train
(to various major cities in China) are located. The Xiamen Store offers a wide
range of quality merchandise and customer-oriented services catering to middle
to high level income bracket consumers. International brands featured in the
Xiamen Store include BreadTalk, Nike, Adidas, Bossini and Baleno.
The Group also manages six department stores under the “????“ brand name in
Quanzhou and Zhangzhou Cities in Fujian Province, China. These managed stores
have an aggregate estimated built-in area of 59,638 sqm. In return for its
management services and the use of the “????“ brand name, the Group is paid
management fees.
Additional info from SGX:
The Company was incorporated in Singapore on 17 September 2004 as an investment
holding company under the name of Zhongmin Baihui (S) Pte Ltd. On 8 November
2010, the Company changed its name to Zhongmin Baihui Retail Group Pte Ltd and
was converted into a public company on 21 December 2010.
The Group is principally engaged in the ownership and operation of the “????”
department store in Xiamen City, which is one of the largest underground retail
malls in Fujian Province, China. Spanning an estimated built-in area of 28,746
sqm, the Xiamen Store is located in the commercial centre of Xiamen City,
strategically located at a transportation hub where bus terminals (to both
within and outside of Xiamen City), bus rapid transit and the high speed train
(to various major cities in China) are located. The Xiamen Store offers a wide
range of quality merchandise and customer-oriented services catering to middle
to high level income bracket consumers. International brands featured in the
Xiamen Store include BreadTalk, Nike, Adidas, Bossini and Baleno.
The Group also manages six department stores under the “????“ brand name in
Quanzhou and Zhangzhou Cities in Fujian Province, China. These managed stores
have an aggregate estimated built-in area of 59,638 sqm. In return for its
management services and the use of the “????“ brand name, the Group is paid
management fees.
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