Polaris (5BI) Stock Overview

Polaris Ltd., an investment holding company, engages in the distribution and retail of smart mobile devices and lifestyle products. It operates through Distribution, Pre-Owned Luxury Goods, Consumer Electronics, Customer Services, and Corporate segments. The Distribution segment engages in the distribution of mobile handsets and accessories for various brands. The Pre-Owned Luxury Goods segment is involved in importing and exporting pre-owned luxury goods and lifestyle products on a wholesale and/or retail basis. The Consumer Electronics segment sells telecommunication, IT, educational robotics, and consumer electronics products. The Customer Services segment provides after-market services to end consumers for equipment repairs, refurbishments, and technical services. The Corporate segment invests in marketable securities. The company also sells its products online. It has operations in Singapore, Hong Kong, Indonesia, the Philippines, the United States, and Korea. The company was formerly known as CarrierNet Global Ltd. and changed its name to Polaris Ltd. in April 2013. Polaris Ltd. was incorporated in 1984 and is based in Singapore.