Convenience Retail Asia Limited is an investment holding company. The Company?s subsidiaries are principally engaged in the operation of chains of convenience stores and bakeries under the trade name of Circle K and Saint Honore respectively in Hong Kong and the Chinese Mainland. The Company operates in two segments: convenience store and bakery business. The convenience store segment revenues are derived from a range of merchandise sales. The bakery segment revenues mainly consist of bakery and festival products. As of December 31, 2011, the Company operated a total of 414 company-owned-and-managed stores in Hong Kong under two brands, Circle K Convenience Store and Saint Honore Cake Shop, 324 and 90 respectively. Its subsidiaries include Convenience Retail Asia (BVI) Limited, Saint Honore Holdings Limited, Bliset Investment Limited and others.