The 30-year history of a supermarket chain
IN 30 years, Sheng Siong has grown from a single 1,650 sq ft outlet in Ang Mo Kio to a mini-empire of 37 stores around the island in Singapore.
The story began in 1985, when CEO Lim Hock Chee's father who owned a pig farm, found that he had excess meat.
Mr Lim, then 24, took the meat to a Savewell provision store in Ang Mo Kio and agreed to give the owner a cut of the sales in exchange for space to sell it.
TRENDING NOW
LTA proposes combining car COE categories, adding rebate-surcharge system
StarHub to acquire MyRepublic’s mobile business amid ongoing telco consolidation
DBS, OCBC, UOB rout lops billions off STI as inflation, rate concerns spook investors
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose