Convenience Retail Asia Explained

Convenience Retail Asia Limited
利亞零售有限公司
Type:Listed company
Foundation:1985
Location City:Hong Kong
Key People:Chairman

Dr. Victor Fung
CEO: Mr. Richard Yeung[1]

Area Served:People's Republic of China
Hong Kong
Macau
Industry:Retailing
Parent:Li & Fung
Subsid:Circle K (until 2020), Saint Honore Cake Shop
Homepage:Convenience Retail Asia Limited

Convenience Retail Asia Limited (CRA) (HKEX:) is a Hong Kong retailer which owns bakeries (Saint Honore Cake Shop, Bread Boutique) in Hong Kong, Macau and Mainland China.[2] [3] [4] It previously owned the Hong Kong franchise for convenience store chain Circle K, but sold the chain to the franchise owner in late 2020.[5]

The company was established in 1985 and is headquartered in Hong Kong. It is a subsidiary of Fung Group, one of the largest retailers in Hong Kong.

The company was listed on the Growth Enterprise Market board (stock code: 8052) of Hong Kong Stock Exchange. The company subsequently transferred its listing to the Main Board of the Stock Exchange of Hong Kong (stock code: 831) in June 2011.

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Notes and References

  1. http://www.sctrade.com/data/ipo/cra/cra.htm Convenience Retail Asia Limited
  2. http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?symbol=8052 Convenience Retail Asia Ltd
  3. http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=C344K8370 Convenience Retail Asia Limited
  4. http://www.alacrastore.com/storecontent/Thomson_M&A/Convenience_Retail_Asia_Ltd_acquires_Saint_Honore_Holdings_Ltd_from_Hong_Kong_Catering_Mgmt_Ltd-1813600040 Convenience Retail Asia Ltd acquires Saint Honore Holdings Ltd from Hong Kong Catering Mgmt Ltd
  5. News: HK's Convenience Retail plans sale of Circle K to Alimentation Couche-Trad for $360 mln Reuters. Reuters. 5 November 2020.