BreadTalk founder George Quek buys majority stake in Taiwan department store chain Pacific Sogo
Tay Peck Gek
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.
TRENDING NOW
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Great Eastern goes on the high-net-worth offensive, but don’t call it a pivot
UK PM Starmer resigns; new leader to be in place by September