The unfortunate end to the family’s ownership of Yeo Hiap Seng, stolen from right under their noses At this point in our story, the Yeo family were entrenched in factional infighting. One faction, led by Alan, was controlling the business and steering the company into ambitious ventures. The other faction, led by his nephew, Charles, wanted to oust this chairman / CEO for bad business decisions and growing losses in the business. What was to come of this battle? Let’s find ou

The troubles in the Yeo family start to brew. In our previous instalment of Beyond Three Generations, we left off with a growing Yeo Hiap Seng being passed on to the third generation – Yeo Thian In’s son, Alan Yeo. The business was owned by the family and had recently incorporated to ensure that the Yeo Family would have control for the foreseeable future. Where would it go next? The rumblings begin After listing, the period from 1969 to 1987 continued the raging success of Y

The start of an iconic food and beverage empire In Asian supermarkets across the world, the Yeo’s brand can be seen on food and drinks – whether it’s the iconic Chrysanthenum tea in a box, curry in a can, or soybean milk. Their success across Singapore, Malaysia, China, and more broadly across the US, Europe and Oceania has been a powerhouse for them as a conglomerate as well as a cultural symbol for the Asian identity across the world. But behind the scenes, the Yeo family,

The sons and grandsons of the Ng Family who have solidified the success of the Far East Organisation The second generation As mentioned in our previous article, the Far East Organisation smoothly transitioned after Ng Teng Fong’s death to his two sons - Philip Ng, who became chairman and CEO of the Far East Organisation in Singapore, and Robert Ng, who took over control of the Sino Group in Hong Kong. Structure helped to prevent conflict from occurring, but there were also so