Sheng Siong
| Type | Public |
|---|---|
| Industry | Retail |
| Founded | 1985 |
| Headquarters | Singapore |
| Key people | Lim Hock Chee, Founder and CEO |
| Products | Grocery stores, and hypermarkets |
| Revenue | SGD $628.4 million (2010) [1] |
| Net income | SGD $42.6 million (2010) [1] |
| Employees | 2,324 (2010).[1] |
Sheng Siong (Chinese: 昇菘超市) is a supermarket and hypermarket chain based in Singapore.
Contents |
[edit] History
Sheng Siong was founded by PBM Mr. Lim Hock Chee, now its CEO. After winding up his stall selling pork in 1985, Lim founded Sheng Siong's foremost operation in a single shophouse unit. Sheng Siong has evolved since into a chain of 24 supermarkets and hypermarkets in Singapore. Sheng Siong has been awarded top 500 retail enterprises in 2007 and became the third-largest retailer in Singapore.[2] The company has also been awarded as Superbrands Singapore in years 2008, 2009.[3] and 2011.[4]
Sheng Siong Group Ltd. is publicly listed at the SGX (code: OV8) since August 17, 2011.[5]
The supermarket chain has also launched its own television variety programmes named "The Sheng Siong Show" on Channel 8 (since 2007) and "Sheng Siong Live!" on Suria (since 2009) broadcasted in Singapore, usually on weekends during prime time.
[edit] Competitors
Carrefour (Carrefour Group) - 1997
Cold Storage (DFI Holdings) - 1903
Giant (DFI Holdings) - 2000
Isetan (Isetan Mitsukoshi Holdings) - 1972
Jasons Market Place (DFI Holdings) - 1975
NTUC Fairprice (NTUC) - 1973
Prime Supermarket - 1984
Shop N Save (DFI Holdings) - 2003
In italic : year of establishment of the company in Singapore.
[edit] Internal link
[edit] External links
- (English) Official Website
- (English) The Sheng Siong Show - Season 1
- (English) The Sheng Siong Show - Season 2
- Chinese: 缤纷万千在昇菘7 The Sheng Siong Show - Season 7
- (English) 缤纷万千在昇菘8 The Sheng Siong Show - Season 8
- (English) Sheng Siong Live (Suria)
[edit] References
- ^ a b c "Financial Highlights". OCBC Bank. http://www.shengsiong.com.sg/product_images/investor/prospectus.PDF. Retrieved 2011-07-13.
- ^ "Sheng Siong chain climbs to third in S'pore for turnover". The Straits Times. 2008-08-01. http://www.straitstimes.com/print/Free/Story/STIStory_263314.html. Retrieved 2011-08-18.
- ^ "Superbrands Volume IV / Sheng Siong". Superbrands. http://www.superbrands.com/sg/pdfs/SPB-SG_FA_SHENGSIONG.pdf. Retrieved 2011-08-18.
- ^ "Superbrands Volume V / Sheng Siong". Superbrands. http://www.superbrands.com/sg/pdfs/CSB_SG_FA_SHENGSIONG.pdf. Retrieved 2011-08-18.
- ^ "Sheng Siong IPO: Wrong timing, but the right stock?". Business Times. http://www.businesstimes.com.sg/sub/companies/story/0,4574,451362,00.html?. Retrieved 2011-07-13.
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