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Epicentre buys 51% stake in Japan IPL Holdings for S$3.06 million

Move to diversify its business and raise revenue amid soft consumer electronics sector
Monday, February 13, 2017 - 05:50

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The closure of three Epicentre outlet stores following the expiry of their leases pulled revenue lower.

Singapore

APPLE products retailer Epicentre Holdings Limited will invest in a 51 per cent stake in Japan IPL Holdings for S$3.06 million, in a move to diversify its business and bump up revenue amid a soft consumer electronics sector.

The Catalist-listed company said in a Singapore

sentifi.com

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