| Description | The Company was incorporated in Singapore on 12 August 2005 as a private limited company under the name Travelite Holding Pte Ltd. It assumed the present name on 20 March 2007. The Group markets, sells and distributes a wide range of merchandise through different distribution channels catering mainly to the travel, business and lifestyle needs of consumers. The Group’s merchandise is categorised as follows:- (i) Bags and Travel Essentials These are organised into travel, business and urban lifestyle range. The Group carries a comprehensive range of luggage and travel bags which include trolley luggage (with either vertical or horizontal trolley systems), garment and other travel bags available in both hard case and soft form which can be either hand-carried or checked-in for air travel. The business range of bags cater for business use and these include pilot cases, document bags, laptop computer bags or backpacks with padded laptop computer and organiser compartments. The urban lifestyle range of bags places greater emphasis on trend appeal and include ladies hand bags, sling bags, sports bags, duffle bags, haversacks and casual backpacks. To meet the diversified travel needs of consumers, the Group also markets, sells and distributes a range of travel-essential items such as waist pouches, toiletry bags, beauty cases, foldable bags, trolleys for bags, luggage straps, padlocks, travel adapters, pill-boxes, eye masks and camera cases. (ii) Winter Wear and Accessories These are winter jackets, cardigans, sweaters, trench coats, vests, thermal underwear, gloves, socks, scarves as well as other winter wear and accessories. (iii) Executive Accessories These are usually mens accessories (such as belts, ties, tie-pins and cuff-links) and smaller items (such as wallets, key holders, card holders, passport holders and organisers). (iv) Other Merchandise These include merchandise which is offered as premium items through gift redemption programmes implemented by BonusLink loyalty card, financial institutions (such as Maybank and the then Southern Bank Berhad), credit card service providers and other redemption card centres (such as RealRewards loyalty card). Certain of the Groups merchandise is also purchased by companies and business enterprises for use as corporate gifts in connection with their marketing and promotional programmes. The Groups distribution channels are departmental stores in Singapore and Malaysia, its own chain of specialty stores in Singapore and Malaysia, third party retail outlets in Singapore and Malaysia, gift redemption or corporate gift programmes mainly in Malaysia, and wholesale distribution to third party distributors in countries outside Singapore and Malaysia such as Indonesia, Brunei, Philippines, China and the Middle East.
Additional info from SGX:
The Company was incorporated in Singapore on 12 August 2005 as a private limited company under the name Travelite Holding Pte Ltd. It assumed the present name on 20 March 2007. The Group markets, sells and distributes a wide range of merchandise through different distribution channels catering mainly to the travel, business and lifestyle needs of consumers. The Group’s merchandise is categorised as follows:- (i) Bags and Travel Essentials These are organised into travel, business and urban lifestyle range. The Group carries a comprehensive range of luggage and travel bags which include trolley luggage (with either vertical or horizontal trolley systems), garment and other travel bags available in both hard case and soft form which can be either hand-carried or checked-in for air travel. The business range of bags cater for business use and these include pilot cases, document bags, laptop computer bags or backpacks with padded laptop computer and organiser compartments. The urban lifestyle range of bags places greater emphasis on trend appeal and include ladies hand bags, sling bags, sports bags, duffle bags, haversacks and casual backpacks. To meet the diversified travel needs of consumers, the Group also markets, sells and distributes a range of travel-essential items such as waist pouches, toiletry bags, beauty cases, foldable bags, trolleys for bags, luggage straps, padlocks, travel adapters, pill-boxes, eye masks and camera cases. (ii) Winter Wear and Accessories These are winter jackets, cardigans, sweaters, trench coats, vests, thermal underwear, gloves, socks, scarves as well as other winter wear and accessories. (iii) Executive Accessories These are usually mens accessories (such as belts, ties, tie-pins and cuff-links) and smaller items (such as wallets, key holders, card holders, passport holders and organisers). (iv) Other Merchandise These include merchandise which is offered as premium items through gift redemption programmes implemented by BonusLink loyalty card, financial institutions (such as Maybank and the then Southern Bank Berhad), credit card service providers and other redemption card centres (such as RealRewards loyalty card). Certain of the Groups merchandise is also purchased by companies and business enterprises for use as corporate gifts in connection with their marketing and promotional programmes. The Groups distribution channels are departmental stores in Singapore and Malaysia, its own chain of specialty stores in Singapore and Malaysia, third party retail outlets in Singapore and Malaysia, gift redemption or corporate gift programmes mainly in Malaysia, and wholesale distribution to third party distributors in countries outside Singapore and Malaysia such as Indonesia, Brunei, Philippines, China and the Middle East. |