Erajaya announces joint ventures in Singapore and Malaysia

Indonesia-based distributor and retailer Erajaya Group has announced joint ventures in both Singapore and Malaysia. Erajaya has formed a joint venture with Alphabright to set up Era International Network in Singapore. The company has also teamed up with Malaysian citizen Li Chau Ging to form Era International Network in Malaysia. The moves form part of Erajaya’s plan to expand its distribution and retail footprint in both countries.
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.