Eu Yan Sang wants to keep going for another 100 years

Singapore

RECENTLY delisted traditional Chinese medicine seller Eu Yan Sang plans to start a roughly three-year transformation that it hopes will set it up to last 100 years, group chief executive officer Richard Eu said, adding that he was open to the possibility that the homegrown heritage brand may be managed by someone outside the Eu family in as little as two years' time.

Even if it does relist eventually, that will likely happen only after at least five years, and the group may choose to float on the Hong Kong or Shanghai stock exchange instead of Singapore if majority of its business is in China by that time, he added.