C01 - C.K. Tang Limited Group

C.K. Tang Limited Group1, together with its subsidiaries, is primarily engaged in operating department stores, retailing and general merchandising. Through its subsidiaries it is enagaged in food catering, operation of beverage outlets and cafes, retailing of fashion apparel and trading in general merchandise, maintaining and owning property.

Its directly held subsidiaries are Associated Catering Pte Ltd., Gamut Marketing Pte Ltd., C. K. Tang Properties (Singapore) Pte, Tangs Department Store (Trading) Sdn Bhd, Timeless Value Sdn Bhd, Gamut Marketing Sdn Bhd. The Company operates in Singapore and Malaysia. In December 2006, the Company announced the dissolution of two wholly owned and dormant subsidiaries, C.K. Tang Holdings Pte. Ltd. and Median Concepts Pte Ltd.

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SUMMARY

Industry Mixed Retailing
Address 310 Orchard Road Singapore 238864 Singapore
Phone 6567375500
Fax 6567351130

MANAGEMENT

NEWS

  • August 11, 2008 - CK Tang posts loss of $2.6m2 - Losses continue to plague retailer CK Tang, which slid into the red to the tune of $2.6 million in the first quarter, reversing a small profit of $355,000. Staff costs in the first quarter rose 15.9 per cent to $6.8 million, while marketing- related expenses increased 18.9 per cent to $5.9 million.
  • July 25, 2008 - Unhappy CK Tang shareholders grill boardZ3 - TANGS may be one of Singapore's oldest retailers but unhappy shareholders of the chain's owner are not buying its business strategy. They peppered CK Tang's management with questions at its annual general meeting yesterday over its repeated losses and possible plans to delist the company from the stock exchange
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