Listed on the SGX Mainboard since December 1995, with its Distribution business headquartered in Shanghai, the People's Republic of China ("PRC"), Thakral Corporation Ltd ("the Company") is involved in the supply chain management in consumer electronics sector, electronic manufacturing services ("EMS"), creation of state-of-the-art technology products as well as strategic property and equity investments. However, the Company had decided to cease operations of its EMS division and started winding down the EMS business during the second half of the financial year ended December 31, 2008.

The PRC, Hong Kong and India are presently the Group's key markets for its products. The Group distributes an extensive consumer brand portfolio including global consumer electronics brands such as Apple, Asus, Canon, Casio, Fuji, Kodak, Lenovo, Nikon, Nokia, Olympus, Orion, Panasonic, Pentax, Samsung and Sony. Some of the major products distributed under these key brands include digital video cameras, digital still cameras, plasma TVs, desktop and notebook computers, personal digital assistants (PDAs), data projectors, electronic accessories, mobile phones and audio products including MP3/MP4/MP5 players.

In addition, the Group has also successfully created and marketed trendy consumer products such as audio players and accessories, LCD TVs, memory cards, portable DVD players and digital photo frames under its own "YES" brand.

Currently, the Company is looking out for potential business growth opportunities. In May 2008, the Company has announced that it will seek shareholders' approval to reposition the Company's principal business from consumer electronics distribution to real estate and related infrastructure investment in the Pan Asian region (including Australia and New Zealand).

This new strategic initiative into the real estate and infrastructure sector, if approved by the shareholders, is expected to offer attractive returns to shareholders in the foreseeable future.