New Challenger subsidiary set-up in Malaysia

Singapore-based retailer Challenger Technologies has set up a new wholly-owned susbidiary in Malaysisa. The new subsidiary, which is called Hachi MY, has been set up by Challenger Technologies’ wholly-owned Challenge Ventures unit. Announing the incorporation of the new subsidiary, Challenger stated that its principal business would be trading, retail, distribution and online trading if IT and lifestyle products and services.

Established in 1984 as an IT products retailer, Challenger Technologies now operates 40-plus stores consisting of superstores, mini stores, Valore concept stores and Musica stores across Singapore.

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