Challenger Technologies

[Dividend Warrior]

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What attracted me to this stock when I bought it more than 5 years ago, was firstly, like what 8Alex8 ha said, I noticed Challenger shops doing decently at Funan Centre and also popping up at the neighbourhood malls.

Beneficial for retail REITs?

I observed that their stores are usually in shopping malls own by CapitaMalls. Maybee they having special arrangement?

Yup. That's right. CMT is the largest retail REIT in Singapore. So, no surprise.

Challenger stores under CMT:
- Funan DigitalLife Mall
- IMM
- JCube
- Plaza Singapura
- Junction 8
- Lot One
- Tampines Mall
- Bukit Panjang Plaza
- Bugis Junction (new store opening in 4Q 2013)

Challenger stores under FCT:
- Causeway Point
- Northpoint
- Bedok Point
- Yew Tee Point

Challenger stores under SPH REIT:
- Clementi Mall

Challenger stores under MCT:
- Vivocity

Another 14 stores are not under any REITs.