1) Company has completed the disposal of the aluminium extraction business and fully diversified into the food and beverage business.
2) Company has recently announced the proposed acquisition of Octopus Group, one of the largest liquor distributors in Singapore. This is to be in line with the Group’s strategic plans in food and beverage sector.
Congratulations on the successful name change to Ascent Bridge Limited(formerly known as AEI Corporation Ltd)
Different from traditional beverage supply and distribution channels, Ascent Bridge Limited is aiming at liquor and beverage distribution development via unconventional digital platform and adopting the new era of digital marketing through intelligent automation (IA), vending machine, precision marketing to obtain the real time and end customer data. Digital has changed the game for most business especially when it comes to the marketing strategies, ABL will be always at the leading edge of digital marketing.
With the acquisition of 100% shareholding interest in MTBL Global Pte Ltd, this is in line with the Group’s strategic plans to diversify into businesses of production, sale and distribution of food and beverages.
The Group aspires to transform into one of Asia’s top ranking beverage business sector global leader in beverage alcohol market with an outstanding collection of brands across spirits, beer and other non-alcoholic drinks that would potentially increase the Group’s revenue and profitability, thereby delivering sustainable long term shareholder value.About Us
A 100% subsidiary of Ascent Bridge Limited. ABS’s performance ambition is to be one of the best performing, most trusted and respected consumer products companies in the world.
Ascent Bridge Singapore Pte Ltd (“ABS”) has introduced a revolutionary RTD (ready-to-drink) alcoholic beverage “Vrai”, a premium hard seltzer manufactured in USA. It is the first and only USDA-certified organic ready-to-drink premium hard seltzer in the United States. ABS had product launch of Vrai in Singapore in January 2021, followed by sales in Hong Kong in August 2021 and now are ready to enter the market in China in the coming few months.
A 100% subsidiary and has been recently acquired by the Group. MTBL Global owns the exclusive global distributor rights of the 53°Moutai Bulao (Product) produced by Guizhou Moutai in Guizhou province, China and sell the Products worldwide including Hong Kong, Macau, and Taiwan, (except Mainland China). MTBL Global is engaged in the wholesale distribution of the Products to liquor stores, developing managing liquor distribution and sales channels and developing overseas markets and had sakes in Singapore, Hong Kong, Cambodia, Laos, Saipan, USA, planning to establish liquor distribution channels across up to 39 countries/cities globally in the coming few years.
MTBL Global is currently operating one cultural/experience centre in Singapore, the first overseas MTBL cultural centre outside China. Company intends to establish up to 16 cultural centres in major cities worlwide. These cultural/experience centres are key to Company's marketing strategy. The cultural/experience centers are intended to provide a platform to mainly advocate Moutai Bulao and the Chinese Baijiu drinking cultrue, encourage appreciation and awareness for Baijiu as well as promote the Products, distribution partnerships and online sales. The cultural centres will also showcase the unique distillation and fermentation processes involved in making Baijiu and Moutai Bulao liquor. MTBL Global intends to sell and display the Products in smart vending machines in Chinese restaurants globally. Harnessing the data gathered by these vending machines, MBTL Global aims to leverage on a smart logistics supply chain to automatically trigger replenishment orders when stocks run low based on real-time updates on sales data. MTBL Global plans to use this data-driven digital platform to aid in shipping, freight allocation and central order planning, so as to streamline and enhance its liquor distrubution channels worldwide.
MTBL Global has thus far developed 4 generations of vending machines and has started to deploy smart vending machines selling and displaying the Products in Chinese restaurants in Singapore and will aim to deploy the smart vending machines globally in the coming years as one of the key marketing strategies.
Visit MTBL Global Website
A 100% subsidiary of Ascent Bridge Limited. ABS’s performance ambition is to be one of the best performing, most trusted and respected consumer products companies in the world.Learn More
A 100% subsidiary and has been recently acquired by the Group. MTBL owns the exclusive global distributor rights of the 53°Moutai Bulao (125ml) produced by Guizhou Moutai in Guizhou province, China and sell the Products worldwide including Hong Kong, Macau and Taiwan, (except Mainland China).Learn More