| Description |
Founded in 1983 and subsequently listed on SGX Main Board on 11 February 2004, Ascent Bridge Limited (formerly known as AEI Corporation Limited) is engaged in the business of manufacture, import, and export of aluminium extrusion section and related products, and in the business of production, sale and distribution of food and beverages.
The Company acquired MTBL Global Pte Ltd ("MTBL") and change the name of the company to Ascent Bridge Limited with a new logo and Chinese name (Li Shì Shí) in March 2022. The Chinese name reflects the new direction and focus of the Group. The new name carries a new logo with the tagline, New Spirt, New Impetus. Li stands for our product, Shì stands for People and Shí stands for right timing. The name embodies the combination of the elements of right timing, right place and right people to build a successful Group. In acquiring MTBL, the company has achieved a milestone in its diversification into the food and beverage business. MTBL owns the exclusive global distributor rights (excluding Mainland China) to market and sell Moutai Bulao 125ml liquor product, one of the most valuable spirits brand worldwide. Unlike traditional beverage supply and distribution channels, MTBL has innovated its distribution channels by leveraging on IT concepts, digital network infrastructure, large-scale data collection and analysis, and a network of smart vending machines. The network of smart vending machines will be span over our partners stores in geographic markets, serving as MTBLs primary distribution channel.
Additional info from SGX:
Founded in 1983 and subsequently listed on SGX Main Board on 11 February 2004, Ascent Bridge Limited (formerly known as AEI Corporation Limited) is engaged in the business of manufacture, import, and export of aluminium extrusion section and related products, and in the business of production, sale and distribution of food and beverages.
The Company acquired MTBL Global Pte Ltd ("MTBL") and change the name of the company to Ascent Bridge Limited with a new logo and Chinese name (Li Shì Shí) in March 2022. The Chinese name reflects the new direction and focus of the Group. The new name carries a new logo with the tagline, New Spirt, New Impetus. Li stands for our product, Shì stands for People and Shí stands for right timing. The name embodies the combination of the elements of right timing, right place and right people to build a successful Group. In acquiring MTBL, the company has achieved a milestone in its diversification into the food and beverage business. MTBL owns the exclusive global distributor rights (excluding Mainland China) to market and sell Moutai Bulao 125ml liquor product, one of the most valuable spirits brand worldwide. Unlike traditional beverage supply and distribution channels, MTBL has innovated its distribution channels by leveraging on IT concepts, digital network infrastructure, large-scale data collection and analysis, and a network of smart vending machines. The network of smart vending machines will be span over our partners stores in geographic markets, serving as MTBLs primary distribution channel.
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