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词条 Yeo Hiap Seng
释义

  1. History

     Yeo Keng Lian  Corporate  1990s and beyond 

  2. See also

  3. References

  4. External links

{{EngvarB|date=March 2016}}{{Use dmy dates|date=March 2016}}{{Infobox company
| name = Yeo Hiap Seng Limited
| logo = Yeo Hiap Seng (logo).png
| type = Public company ({{sgx|Y03}})
Subsidiary of Far East Organization
| company_slogan =
| foundation = 1900
| location_city = Singapore
| key_people = Koh Boon Hwee, Chairman
Melvin Teo, Group CEO
| num_employees =
| industry = Conglomerate
| products = Food and beverage, property
| parent = Far East Organization
| owner = Far East Orchard (49.5% stake)[1]
| operating_income =
| net_income =
| homepage = {{URL|http://www.yeos.com.sg/}}
}}

Yeo Hiap Seng Limited ({{zh|t=楊協成|s=杨协成|p=Yáng Xiéchéng|poj=Iûⁿ Hia̍p-sêng}}, Commonly known as Yeo's) is a Singaporean beverage company. It operates as an investment holding company as well as a drink manufacturer in Singapore and Malaysia. It is a multinational corporation that has offices and market presence in the US, Europe, Australia, New Zealand, Maldives, Mauritius, Mongolia, Pacific Islands, China, Hong Kong, Cambodia, Myanmar, Laos, Vietnam, and Japan. It produces its own Asian drinks and, from 1975 until 2016, has the license from Pepsico to produce Pepsi, 7 Up, Mountain Dew, Mirinda and Mug Root Beer.[2][3] Yeo's also exclusively manages other international brands such as Red Bull, Gatorade, Evian, Volvic, Uni-President, Allswell, Hain Celestial, and Erika Dairies.[4] Some of its house brands (See Below) include H-Two-O, Yeo's Asian Beverages, Justea, and Pink Dolphin.

YHS majority shareholder is Ng Teng Fong's Far East Organization, and it also develops houses and condominiums. The company also has operations in over 60 countries which includes Thailand, China, Singapore, Malaysia, United States and franchises in Indonesia and Mauritius.

History

Yeo Keng Lian

The company has its history dated back to 1900. Founded by Yeo Keng Lian, a native of Fujian, China, who began his business career making soy sauce in Zhangzhou with the Yeo Hiap Seng Sauce Factory in 1901 and then immigrated to Singapore in the 1930s where he re-established the Yeo Hiap Seng Sauce Factory in 1938.[5][6] Yeo died in Singapore in 1960.[5]

The name Yeo Hiap Seng is of Christian origin with Hiap Seng meaning unity of Christ as Yeo was Presbyterian.[5]

Corporate

Although founded in 1938, the company was incorporated in Singapore on 20 December 1955 as Yeo Hiap Seng Canning and Sauce Factory Private Limited and was listed on 7 November 1968 and renamed to its present shorter name.

The 1950s saw the company can curry chicken, pioneer the bottling of soy milk, and package Asian drinks in Tetra Brik aseptic containers using the Ultra-high temperature processing system.

1990s and beyond

In June 1995, Robert Ng took over as chairman of Yeo Hiap Seng (YHS). His chairmanship came at the same time as his family increased its stake in the company to 24.9%, just short of the 25% threshold above which they would be required by law to make an offer to buy out all other shareholders. This marked a step forward in his fight with Malaysian billionaire investor Quek Leng Chan for control of YHS and its land holdings in Singapore's Bukit Timah district, which could be worth billions of dollars were they redeveloped into residential real estate.[7] In the end, Ng and his father were able to successfully take advantage of squabbles within the Yeo family to buy up 86% of YHS' stock.[8] Their battle to gain control of the company was later described as "one of the most colourful take-over struggles in Singapore's history" and led to YHS' transformation from a food company to a luxury real estate developer.[9]

See also

{{Portal|Companies|Drink|Food}}
  • List of food companies
  • Vitasoy -Hong Kong-based soy beverage giant

References

1. ^{{cite news|last=Ho|first=Frankie|title=The Far East Re-organization|newspaper=The Edge Singapore|date=20 June 2012|pages=18–20}}
2. ^{{cite web|url=http://www.straitstimes.com/business/companies-markets/etika-snags-pepsico-franchise-in-spore|title=Etika snags PepsiCo franchise in S'pore|first=|last=hermes|date=2 July 2016|publisher=}}
3. ^{{cite web|url=http://www.straitstimes.com/business/companies-markets/yeo-hiap-sengs-exclusive-bottling-deal-with-pepsico-ends|title=Yeo Hiap Seng's exclusive bottling deal with PepsiCo ends|first=|last=hermes|date=1 July 2016|publisher=}}
4. ^{{cite book|author1=A. B. Susanto|author2=Patricia Susanto|title=The Dragon Network: Inside Stories of the Most Successful Chinese Family Businesses|url=https://books.google.com/books?id=budNEqARJBAC&pg=PT61|date=24 January 2013|publisher=John Wiley & Sons|isbn=978-1-118-33940-4|pages=61–}}
5. ^{{cite web|url=http://dannysao.blogspot.ca/2012/06/yeo-hiap-seng-story-testimony-of-gods.html|title=The Yeo Hiap Seng Story - Testimony of God's Grace|website=dannysao.blogspot.ca}}
6. ^{{cite web|url=http://www.yeos.com.sg/History_and_Heritage|title=History & Heritage|website=www.yeos.com.sg}}
7. ^{{citation|periodical=CNN Asianow|title=Tea for Two: Battle for a Great Name and Address|date=28 July 1995|accessdate=5 June 2009|url=http://www-cgi.cnn.com/ASIANOW/asiaweek/95/0728/biz1.html|archive-url=https://web.archive.org/web/20090206205421/http://www-cgi.cnn.com/ASIANOW/asiaweek/95/0728/biz1.html|dead-url=yes|archive-date=6 February 2009}}
8. ^{{harvnb|Backman|2001|p=96}}
9. ^{{citation|url=http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=&art_id=49635&sid=&con_type=1&archive_d_str=19970601|archive-url=https://archive.is/20130107164550/http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=&art_id=49635&sid=&con_type=1&archive_d_str=19970601|dead-url=yes|archive-date=7 January 2013|date=1 June 1997|accessdate=15 July 2009|periodical=The Standard|title=Transforming a soft-drink sluggard|last=Porter|first=Barry}}

External links

  • {{official|http://www.yeos.com.sg}}
{{Soy|state=collapsed}}

7 : 1900 establishments in Singapore|Brand name condiments|Companies listed on the Singapore Exchange|Food manufacturers of Singapore|Singaporean brands|Sino Group|Soy product brands

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