Sheng Siong
| Company type | Public |
|---|---|
| SGX: OV8 | |
| Industry | Retail |
| Founded | 1985 |
| Founder | Lim Hock Chee |
| Headquarters | Singapore |
Number of locations | 33 stores (as of Dec. 2012) |
Key people | Lim Hock Chee (CEO) |
| Products | Grocery stores, supermarkets and hypermarkets |
| Revenue |  SGD $637.3 million (2012) [1] |
| SGD $41.7 million (2012) [1] | |
Number of employees | 2,324 (2010).[2] |
| Website | Corporate Website |
Sheng Siong Group Ltd. (Chinese: 昇菘集团) is the parent company of Sheng Siong Supermarket Pte Ltd, commonly known as Sheng Siong, the third largest chain of supermarkets in Singapore[3].
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.[4] Sheng Siong has evolved since into a chain of 25 stores, mainly supermarkets, in Singapore. Sheng Siong has been awarded top 500 retail enterprises in 2007 and became the third-largest retailer in Singapore.[5] The company has also been awarded as Superbrands Singapore in years 2008, 2009.[6] and 2011.[7]
Sheng Siong Group Ltd. is publicly listed at the SGX (code: OV8) since August 17, 2011.[8]
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.
Competitors
- Dairy Farm International Holdings
Cold Storage - 1903
Giant - 2000- Jasons Market Place - 1975
- Shop N Save - 2003
Isetan - 1972- NTUC Fairprice - 1973
- Prime Supermarket - 1984
In italic : year of establishment of the company in Singapore.
References
- ^ a b "Sheng Siong's annual profit surges 52.9% to S$41.7 million". Today. 2013-02-21. Retrieved 2013-03-06.
- ^ "Financial Highlights" (PDF). OCBC Bank. Retrieved 2011-07-13.
- ^ "Retailing in Singapore". Euromonitor. Feb. 2012. Retrieved 2013-03-05.
{{cite web}}: Check date values in:|date=(help) - ^ Alvin Chua (2010-06-16). "NLB / Sheng Siong". National Library Board. Retrieved 2012-03-15.
- ^ "Sheng Siong chain climbs to third in S'pore for turnover". The Straits Times. 2008-08-01. Retrieved 2011-08-18.
- ^ "Superbrands Volume IV / Sheng Siong" (PDF). Superbrands. Retrieved 2011-08-18.
- ^ "Superbrands Volume V / Sheng Siong" (PDF). Superbrands. Retrieved 2011-08-18.
- ^ "Sheng Siong IPO: Wrong timing, but the right stock?". Business Times. Retrieved 2011-07-13.
