Yeo Hiap Seng
Yeo Hiap Seng Limited is a Singaporean beverage company. It operates as an investment holding company as well as a drink manufacturer in Singapore, Malaysia and China. It is a multinational corporation that has offices and market presence in the US, Europe, Australia, New Zealand, Maldives, Mauritius, Mongolia, Pacific Islands, Mainland China, Hong Kong, Cambodia, Myanmar, Laos and Vietnam. Some of its house brands include H-Two-O, Yeo's Asian Beverages, Justea, and Pink Dolphin.
YHS majority shareholder is Ng Teng Fong's Far East Organization, which 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
Establishment
The company's history dates back to 1900. Founded by Yeo Keng Lian, a native of Fujian, China, who began his business career by making soy sauce in Zhangzhou with the Yeo Hiap Seng Sauce Factory in 1901. Then he immigrated to Singapore in the 1930s, where he re-established the Yeo Hiap Seng Sauce Factory in 1938. Yeo died in Singapore in 1960.The name Yeo Hiap Seng is of Christian origin, with Hiap Seng meaning unity of Christ as Yeo was Presbyterian.
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.