FAIRPRICE GROUP HOLDINGS PTE. LTD. Business Review
Business Overview
TrustScore Analysis
Our preliminary analysis has revealed key insights about FAIRPRICE GROUP HOLDINGS PTE. LTD.'s performance and market presence. Here‘s a summary of our findings:
Positive highlights
Has been operational for a few years
Negative highlights
- No employer brand presence on career platforms
- May not have contact information online
- No official business profile found on major search engines
Corporate Information
64202
Other holding companies
Activities of head and regional head offices; Centralised administrative offices and subsidiary management offices
Contact Information for FAIRPRICE GROUP HOLDINGS PTE. LTD.
FAIRPRICE GROUP HOLDINGS PTE. LTD.'s Business Reviews
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Public Preview of FAIRPRICE GROUP HOLDINGS PTE. LTD.
This is only a preview of the TrustScore results for FAIRPRICE GROUP HOLDINGS PTE. LTD., showcasing a few facets of its business that we have analysed.
Institutional Stage
A brand in the institutional-stage brand represents a mature entity that is systemically important, enduring and trusted. These brands are often listed entities, legacy corporations or quasi-government agencies that influence economies, policies, and long-term market trends.
Key Characteristics
- Scale & Systemic Importance: FAIRPRICE GROUP HOLDINGS PTE. LTD. operates at a national or potentially global level, holding significant influence and creating substantial economic impact in the other holding companies sector.
- Longevity & Intergenerational Focus: With a legacy spanning 4 years since incorporation on 10 December 2020, FAIRPRICE GROUP HOLDINGS PTE. LTD. prioritises long-term strategic decisions, balancing profitability with sustainability and permanence.
- Trust as Core Currency: Public and investor confidence sacrosanct and non-negotiable. Operates with high transparency & governance, compliance and sovereign audits. Authority and leadership in policy making and market trends
- Hybrid Public-Private Role: May function as a state-linked or quasi-governmental entity, blending market discipline with public interest mandates and potentially engaging in nation-building projects - infrastructure, R&D, financial stability.
- Low Volatility, High Influence: Reputation forged over a long period and self sustaining, and less dependent on brand campaigns. As a highly influential decision-maker, FAIRPRICE GROUP HOLDINGS PTE. LTD. shapes industry standards, regulations, and economic trends
Why It Matters
- Institutional brands like FAIRPRICE GROUP HOLDINGS PTE. LTD. transcend commercial success, becoming pillars of economic and social architecture. Their strength lies in permanence, trust, and systemic value built over 4 years.
- FAIRPRICE GROUP HOLDINGS PTE. LTD. focuses on governance, legacy building, and multi-stakeholder trust, often becoming synonymous with national progress and stability in the other holding companies sector.
The company's address in use by other companies, may raise concerns about the company's credibility and legitimacy. FAIRPRICE GROUP HOLDINGS PTE. LTD. has been operational for a few years, showing some level of stability. While it shows some level of stability, it may still be in the process of establishing its reputation and credibility.
FAIRPRICE GROUP HOLDINGS PTE. LTD. has no presence on career platforms and provides no public information about its work environment or employee satisfaction. This lack of transparency may indicate less focus on employee well-being or difficulty in attracting talent, potentially impacting FAIRPRICE GROUP HOLDINGS PTE. LTD.'s long-term success.
The company is not blacklisted by CaseTrust, which is a positive indicator of its credibility. The company is not on the MAS Enforcement List, which is a positive indicator of its compliance with financial regulations.
FAIRPRICE GROUP HOLDINGS PTE. LTD. may not have accessible contact information online, which dilutes engagement and credibility. The company has no official business profile on major search engines. This absence makes it difficult for potential customers to verify the company's legitimacy or get in touch, potentially raising suspicions about its credibility.
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Sign In to ContinueAssociated News for FAIRPRICE GROUP HOLDINGS PTE. LTD.
New digital bank by Standard Chartered and NTUC to launch savings account and ‘numberless’ credit card
Trust Bank, the latest digital bank to announce its launch in Singapore, said on Thursday (Sep 1) that it is rolling out a range of products including a savings account and a “numberless” credit card that allows customers to choose their repayment date. The savings account will offer a “market-leading” base rate and allow customers to earn up to 1.4 per cent of interest on their deposits, said the new bank formed by Standard Chartered and FairPrice Group. The base rate is 1 per cent on the first S$50,000 of deposits, with NTUC Union Members getting to enjoy a bonus interest of 0.4 per cent when they make five eligible purchases with the bank’s credit card. Non-members will enjoy a bonus interest of 0.2 per cent on the same purchases. Trust Bank, which is 60 per cent owned by Standard Chartered and 40 per cent by NTUC’s enterprise arm, obtained a full bank licence in December 2020. The bank’s shareholders have invested about US$400 million. The launch comes a day after Grab and Singtel, which have jointly been awarded a "digital full bank" licence, unveiled their digital bank – GXS – and its first product.
1 September 2022
Former KFC Asia CMO Vipul Chawla takes group CEO role at NTUC FairPrice
FairPrice Group has appointed Vipul Chawla (pictured) as group CEO, effective 5 April 2022. The appointment comes as NTUC Enterprise and FairPrice Group look to further strengthen its core, and talents in its management team. According to NTUC, Chawla's international experience will help FPG drive its ambitions to build an omni-channel business with a superior customer experience. Chawla has held leadership roles in Fortune 500 companies in the FMCG and food services industries. He was previously with Yum! Brands for over a decade, where he most recently served as the president of Pizza Hut International, based in the US. In that role, he oversaw global markets spanning more than 100 countries with a revenue of US$7.5 billion and 345,000 system-wide employees. He was responsible for driving the brand strategy and performance of Pizza Hut’s international business outside the US.
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Scam.SG's TrustScore is an AI-driven engine that evaluates a business's trustworthiness by analysing data such as customer feedback, behavioral patterns, and compliance records. This comprehensive assessment results in a numerical score reflecting the entity's reliability.
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