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K.P.I. Company Limited ("KPI") listed on the main board of Stock Exchange of Hong Kong (HKSE: 605) since 1993. Founded as a trading company, KPI possesses extensive marketing network and has laid solid foundation in the local retail market. The company mainly engages in the investment in China's retail market.
Eyeing on the growing demand towards the retail industry contributed by growing economy in China, KPI started stepping in the market by investing in famed retail stores in China since 1997. KPI now owns more than 170. Hi-24 Convenience Chain store in Beijing, PRC.
On 24 March 2010, KPI disposed 60% equity interests of GMS to Best Links (HK) Co., Limited at a consideration of approximately HK$502 millions upon completion. KPI would like to devote more time and resources to strengthening its market leader’s hip in its Hi-24 convenience store business. It is expected that the number of outlet will reach 200 in 2010 and 300 in 2011. The Group will continue to expanders its convenience store retail network and to provide a unique and comprehensive modern city business services to customers in Beijing. |
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