BreadTalk founder George Quek buys majority stake in Taiwan department store chain Pacific Sogo
Tay Peck Gek
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
MAINBOARD-LISTED food and beverage player BreadTalk's founder George Quek is embarking on his biggest personal investment - acquiring a majority stake in Taiwan's Pacific Sogo Department Stores.
The investment marks Mr Quek's venture into the department store business, and could open the door for BreadTalk Group to deepen its presence in Taiwan.
Copyright SPH Media. All rights reserved.
TRENDING NOW
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
Singaporeans can now buy record amount of yen per Singdollar
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance