Y03 - Yeo Hiap Seng Limited

Yeo Hiap Seng Limited1 is an investment holding company. The Company's subsidiaries are engaged in the manufacture, sale, distribution and export of beverages, sauces, canned food and provision of vending services.

At December 31, 2006, the Company was organized into three segments: consumer food and beverage products, property development and others. Yeo Hiap Seng Limited offers over 30 beverages and a range of Asian food products and sauces under its YEO'S brand. The food products offered by the Company include sauces, packaged foods, canned curries, instant noodle and culinary sauce. It also offers a range of beverages that include PINK DOLPHIN, JUSTEA and H-TWO-O.

In November 2007, the Company increased its equity interest in its subsidiary, Yeo Hiap Seng (Shanghai) Co., Ltd, from 94.88% to 100%. The Company acquired from Shanghai Songjiang Business General Company, the remaining 5.12% stake in Yeo Hiap Seng (Shanghai) Co., Ltd.

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Summary

Founded 1900
Industry Beverages, Property Development
Address 3 Senoko Way Singapore 758057
Phone 6567522122
Website http://www.yeos.com.sg/
Net Profit (2007) $293,000

Company History

  • 1900: Yeo Keng Lian begins producing soy sauce in Amoy, near Zhangzhou, in China's Fujian province.
  • 1935: The Yeo family migrates to Singapore and establishes Yeo Hiap Seng.
  • 1953: The company launches its first canned chicken curry; bottled soy milk and chrysanthemum tea are introduced.
  • 1969: Yeo Hiap Seng goes public on the Singapore Stock Exchange.
  • 1984: The company launches the Fizzi brand of carbonated fruit-flavored beverages.
  • 1990: The company launches production of soy milk under license in China.
  • 1994: Family infighting leads to takeover of the company by Singaporean Tycoon Ng Teng Fong2
  • 2001: The company establishes a Bahrain sales and distribution subsidiary.
  • 2005: A sales and distribution alliance is formed with Hain Celestial, a U.S.-based organic foods and natural products company.

Key Management

  • Chairman, MD and CEO - Mr Philip Ng Chee Tat
  • Deputy Chairman, Independent Director - Mr S Chandra Das
  • President, COO - Mr Tjong Yik Min

Well known products brands from YHS

  • Yeos
  • Pink Dolphin
  • H-TWO-O
  • JustTea

Annual Reports

External References

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