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Alphabright, which was established a year ago, is the sole distributor of ZTE mobile phones in Singapore. Erajaya will hold a 70% stake in Era International Network in Singapore, with Alphabright controlling the remaining 30%.
Erajaya will hold a 95% stake in Era International Network in Malaysia, with Li Chau Ging controlling the remaining 5%. The new venture in Malaysia builds on Erajaya’s purchase of a 60% stake in CG Computers in 2014 – a business that included Apple reseller Switch. Li Chau Ging is an existing business partner for Erajaya in Malaysia due to the company’s prior investment in CG Computers.