1

Sheng Siong Group

Sheng Siong Group
Leadership team

Mr. Hock Eng Lim (Exec. Chairman)

Mr. Hock Chee Lim BBM (CEO & Exec. Director)

Mr. Ling San Tan (Exec. Vice Chairman)

Products/ Services
Grocery, Retail
Number of Employees
1,000 - 20,000
Headquarters
Singapore, Central Region, Singapore
Established
1985
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
SGX:OV8
Social Media
Overview
Location
Summary
Sheng Siong Group Ltd, an investment holding company, operates a chain of supermarket retail stores in Singapore. The company's stores offer an assortment of live, fresh, and chilled produce, such as seafood, meat, fruits, and vegetables; pantry staples, including rice, noodles, oils, spices, and seasonings; packaged, processed, frozen, and/or preserved food products; baby and personal care products; and beverages, wines, beers, and spirits, as well as general merchandise, including toiletries and essential household products. It is also involved in general trading, and wholesale import and export businesses. In addition, the company operates allforyou.sg, an online shopping platform for groceries. It operates 64 stores in Singapore; and four stores in Kunming, China under the Sheng Siong brand name. Sheng Siong Group Ltd. was founded in 1985 and is headquartered in Singapore.
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
Sheng Siong Group Ltd. is committed to providing quality customer service and products at competitive prices, and strives to exceed customer expectations in all aspects of the shopping experience.
Vision
Sheng Siong Group Ltd. envisions to be a leader and a one-stop supermarket chain in providing affordable and quality products and customer service.
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
Sheng Siong Group Ltd. has won numerous awards for its customer service, ranging from the People’s Association Community in Bloom Award to Consumer’s Choice Award from the Singapore Retailers Association.
References

Dive deeper into fresh insights across Business, Industry Leaders and Influencers, Organizations, Education, and Investors for a comprehensive view.

Sheng Siong Group
Leadership team

Mr. Hock Eng Lim (Exec. Chairman)

Mr. Hock Chee Lim BBM (CEO & Exec. Director)

Mr. Ling San Tan (Exec. Vice Chairman)

Products/ Services
Grocery, Retail
Number of Employees
1,000 - 20,000
Headquarters
Singapore, Central Region, Singapore
Established
1985
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
SGX:OV8
Social Media