[[[ForeverAlone]]]

https://www.straitstimes.com/business/co...l-for-800m

[cityhantam]

How many generations?

[victortan]

https://www.straitstimes.com/business/co...l-for-800m

so who win??? retailer or choon kay

[[[ForeverAlone]]]

so who win??? retailer or choon kay

But they also not stupid , if I not mistaken majority shares still under Yu R S Family memebrs.

[Napoleon Porlumpar]

https://www.straitstimes.com/business/co...l-for-800m

will regret...........buy those AngMoh health supplement companies better.........

[Niubee]

They more like retail chain

[red3]

No more local Liao. Catapult into billionaire status

[watchfirst9]

But they also not stupid , if I not mistaken majority shares still under Yu R S Family memebrs.

Mitsui will hold a 30 per cent or so effective interest in Eu Yan Sang’s shares, while Rohto Pharmaceutical will account for about 60 per cent, and the Eu family around 10 per cent.

Maybe next generation Eu family not keen in TCM while Mitsui & Rohto are more interested.

[cityhantam]

But they also not stupid , if I not mistaken majority shares still under Yu R S Family memebrs.

They are more interested in cashing out and enjoy! 

[Blasterlord2]

The Eu family is related to UOB Wee by marriage. Go into banking better!

[cityhantam]

The Eu family is related to UOB Wee by marriage. Go into banking better!

In Sg, no chance to go into banking liao. Even Hong Leong can't get banking license!

[Blasterlord2]

In Sg, no chance to go into banking liao. Even Hong Leong can't get banking license!

They just need to work in UOB 

[ysh02]

Any guessing new name for Eu YS ?

[cityhantam]

Any guessing new name for Eu YS ?

If they change name, they will lose a lot of customers!

[Tee tiong huat]

How many generations? (I think few gen, thinking is about 7 to 8 generations.😚)

Japanese trading house Mitsui & Co announced on April 4 that a special purpose entity it has set up with Rohto Pharmaceutical will buy around 86% of Eu Yan Sang from Righteous Crane Holding.

Righteous Crane: A holding company managed by Tower Capital TCM Holdings, Temasek’s Blanca Investments & certain members, founded family of Eu Yan Sang.

Once the deal is completed, a bid will be made to acquire remaining 14% of Eu Yan Sang, said Mitsui, added the Eu family will reinvest partially in Mitsui-Rohto special purpose company.

Mitsui will hold a 30 per cent or so effective interest in Eu Yan Sang’s shares, while Rohto Pharmaceutical will account for about 60 per cent, and the Eu family around 10 per cent.

Eu Yan Sang was founded in 1879 and now operates more than 170 retail outlets in China, Hong Kong, Macau, Malaysia and Singapore. Its website notes that it also runs 30 clinics in Singapore, Malaysia, Hong Kong and China, and a food and beverage outlet in Malaysia.

Righteous Crane Holding privatised Eu Yan Sang in a 2016 deal that valued the firm at about $269 million. Yes, Tower Capital Asia said the deal is expected to close by June.

Hillhouse, Mitsui vying for S"pore’s Eu Yan Sang  for $933 mil deal with sources family feuds, fortunes made & lost: How Richard Eu turned TCM chain Eu Yan Sang around


Once deal is completed, a bid will be made to acquire the remaining 14% of Eu Yan Sang, said Mitsui, which added Eu family will reinvest partially in the Mitsui-Rohto special purpose company.


Mitsui will hold a 30% or effective interest in Eu Yan Sang’s shares, while Rohto Pharmaceutical will account for about 60%  & Eu family around 10%.

Eu Yan Sang was founded in 1879 & now operates more than 170 retail outlets in China, Hong Kong, Macau, Malaysia & Singapore. Website notes that it also runs 30 clinics in Singapore, Malaysia, Hong Kong, China, a food and beverage outlet in Malaysia.

Righteous Crane Holding privatised Eu Yan Sang in a 2016 deal that valued the firm at about $269 million.