Prime Supermarket
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Prime Supermarket
Prime Supermarket (Simplified Chinese Characters, Chinese:百美超级市场) is a family owned supermarket chain in Singapore. It is under the parent company Prime Group International, which has overseas ventures in the agriculture and hospitality industry. There are currently 25 outlets island-wide that are generally found within the neighbourhood Public housing in Singapore, housing estates, some of which are open 24 hours a day. History Prime Supermarket was established in 1984 by Mr Tan Hong Khoon, after his fathers' pig farming business which was inherited from the elder Mr Tan's father, was forced by the government to shut down due to redevelopment plans in the Punggol area. The first grocery store was thus established as an alternative business venture in King George's Avenue. In the following years, the business was then grown and expanded into the supermarket chain that is as seen today, with their own house-brand products being sold too. Prime Group International was a ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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