Sheng Siong Group
Mr. Hock Eng Lim (Exec. Chairman)
Mr. Hock Chee Lim BBM (CEO & Exec. Director)
Mr. Ling San Tan (Exec. Vice Chairman)
Summary
History
Sheng Siong is a chain of supermarkets in Singapore founded by Mr Lim Hock Chee and his two brothers, Mr Lim Hock Eng and Mr Lim Hock Leng. Mr Lim Hock Chee is also the current CEO of Sheng Siong.
The Lim family moved to another farm in Punggol in the 1970s. Years later, the farm experienced an excess supply of pigs, thus Lim Hock Chee and his wife rented a small section within a Savewell provision store in Ang Mo Kio to sell the chilled pork from their pig farm in 1984. In 1985, following the move to phase out pig farming by the Singapore Government, the Lim brothers ventured into the retail business by launching Sheng Siong's foremost operation in a single shophouse unit, together with an ex-Savewell managerial staff. Sheng Siong has since evolved into a chain of 37 stores, mainly supermarkets, in Singapore.
The store initially focused on providing a wide range of no-frills products and increased sales by accepting lower profit margins. Other cost-saving measures included employing less staff and avoiding the use of in-house plastic bags.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 from 2008 to 2014. Sheng Siong Group Ltd. is publicly listed at the SGX since 17 August 2011.As of July 2014, the Lim brothers have a net worth of $545 million and are ranked 45th on the Forbes Singapore's 50 Richest list.In October 2013, Sheng Siong received the Solar Pioneer Award for its efforts to become a more environmentally-friendly business.
Mission
Vision
Key Team
Ms. Ruiwen Lin (Sr. Mang. of International Bus. Devel. & Exec. Director)
Mr. Hock Leng Lim (MD & Exec. Director)
Ms. Oi Keng Chua (Chief Financial Officer)
Mr. Chee Kit Woo (Acting Chief Information Officer)
Mr. Kee Min Chow (Director and Head of Housebrands & Marketing)
Lim Kent (Sr. Mang. of HR)
Madam Moi Hong Lee (Director & Head of Dry Goods)
Recognition and Awards
References
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Mr. Hock Eng Lim (Exec. Chairman)
Mr. Hock Chee Lim BBM (CEO & Exec. Director)
Mr. Ling San Tan (Exec. Vice Chairman)