Our Subsidiaries

Songmart Holdings Sdn. Bhd. (“Songmart Holdings”) and its subsidiary corporations (“Songmart Group”)

Songmart Holdings was incorporated in April 2021 as a special purpose vehicle and subsequently sold its entire shareholdings to Mercurius.

Songmart Holdings is a holding company which holds 100% shares in the following entities:

1. Songmart Malaysia Sdn. Bhd. (“Songmart Malaysia”)
Principal activity of Songmart Malaysia is operating supermarket and mini-markets, targeting low to mid end consumers mostly in Malay markets in Johor, Malaysia and has 10 supermarket outlets in total.

2. Tan Lee Heng Import & Export Sdn. Bhd. (“Tan Lee Heng”)
Tan Lee Heng is in wholesale and trading of groceries and foodstuff and focusing on exporting these goods to Singapore and some oversea countries. Tan Lee Heng has a strong reputation in the market as a wholesaler in providing good quality products at competitive prices and the management team has built strong relationships with suppliers and customers over the years.

3. Granville Grocery Sdn. Bhd. (“Granville”)
Granville was incorporated in 2018 and its principal business is operating supermarkets, which is similar to Songmart Malaysia but it is targeting mid to high end consumers in Johor, Malaysia and has 3 supermarket outlets in total.