Challenger is a dynamic regional IT retailer known for its strong brand name, attractive ValueClub member privileges and strong product partnerships with major global brands. Since inception in 1982, they have expanded to over 45 stores consisting of Superstores, Mini stores and Musica stores across Singapore.

Challenger’s ValueClub of roughly half a million members get to enjoy discounts on the latest IT products while being assured of quality, value and service. In 2012, we started our private label Valore, bringing affordable lifestyle and mobility accessories to our customers.

With the closure of Funan, Challenger’s biggest store, we decided to attend Challenger’s AGM to understand how management is going to navigate the tough times ahead.

Here are 4 things we learnt from Challenger Technologies’s 2015 AGM:

1. Challenger Ventures – Hachi.tech

I believe many investors noticed that Challenger Technologies incorporated a new subsidiary called Challenger Ventures. Challenger Ventures is a wholly-owned subsidiary ...