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 33 stores, mainly supermarkets, in Singapore. Sheng Siong has been awarded top 500 retail enterprises in 2007 and became the third-largest retailer in Singapore. The company has also been awarded as Superbrands Singapore in years 2008, 2009. and 2011.
Sheng Siong Group Ltd. is publicly listed at the SGX (code: OV8) since August 17, 2011.
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) broadcast in Singapore, usually on weekends during prime time.