2.35
-2.49%
Close of 6 Nov 2026, in SGD
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About Sheng Siong Group
Its shares trade on SGX under the ticker OV8.SI. It has been listed since 17 August 2011. In the fiscal year to 31 December 2025, it reported revenue of SGD 1.57bn and net income of SGD 149.5m. At that date it held total assets of SGD 1.07bn and shareholders' equity of SGD 588.0m.
Sheng Siong Group Ltd. is an investment holding company, which engages in the operation of supermarket and grocery stores under the Sheng Siong brand. The company employs 1,909 full-time employees The company went IPO on 2011-08-17. The Company, through its subsidiaries, is engaged in the supermarket operations, and trading of general and wholesale importers and exports. The firm operates through the provision of supermarket supplies and supermarket operations segment. The firm is a retailer with over 40 supermarket/grocery stores located all across the island. The firm's chain stores are designed to provide customers with various shopping options ranging from an assortment of live, fresh and chilled produce, such as seafood, meat and vegetables to packaged, processed, frozen and/or preserved food products, as well as general merchandise, including toiletries and essential household products. The firm offers over 400 products under approximately 10 brands. The firm's subsidiaries include Sheng Siong Supermarket Pte. Ltd., CMM Marketing Management Pte. Ltd., Sheng Siong (M) Sdn. Bhd. and Sheng Siong (China) Supermarket Co, Ltd.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Staples
- Industry
- Food & Staples Retailing
- Listed since
- 17 Aug 2011
- Employees
- 1,909
- Website
- shengsiong.com.sg ↗
Leadership
Pay as last reported
- Mr. Hock Eng LimExecutive Chairman of the Board, since 2010SGD 7.0m
- Mr. Hock Chee LimChief Executive Officer, Executive Director, since 2010SGD 7.1m
- Mr. Chee Kit WooChief Information Officer
- Mr. Hock Leng LimManaging Director, Executive Director, since 2010SGD 7.0m
- Mr. Hongbo FanFinancial Controller
- Ms. Lin RuiwenExecutive Director, since 2016SGD 570,000
- Mr. Kee Min ChowDirector/Head - House Brands and Marketing
- Mr. Chee Haw HoDirector/Head - Retail Operations, since 2014
- Mme. Moi Hong LeeDirector/Head - Dry Goods
- Mr. Weng Fong LeongDirector/Head - Purchasing and Promotions
- Mr. Junlin LinDirector - Supply Chain, People and Partnerships
- Mr. Yuansheng LinDirector - Warehouse and Logistics
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 49
- Environment
- 76
- Social
- 52
- Governance
- 19
- Direct emissions (scope 1)
- 52,855 t
- Energy emissions (scope 2)
- 37,808 t
- Women in the workforce
- 45.12%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Strong market position: Sheng Siong is one of the top players in the Singaporean supermarket industry, enjoying a significant market share.
- Extensive store network: With over 60 stores strategically located across Singapore, Sheng Siong has a wide reach and accessibility for customers.
- Emphasis on affordability: The brand is known for its competitive pricing strategy, offering value-for-money products to cater to price-sensitive consumers.
Weaknesses
- Limited international presence: Sheng Siong's operations are currently concentrated within Singapore, limiting its exposure to potential overseas markets.
- Reliance on local market: Any economic downturn or changes in consumer behavior within Singapore could directly impact Sheng Siong's performance.
Opportunities
- Expansion into new markets: Sheng Siong has the opportunity to explore and enter international markets to diversify its revenue streams and reduce dependence on the local market.
- Growing demand for online grocery shopping: With the rise in e-commerce and changing consumer preferences, Sheng Siong can invest in its online platform to capture the increasing demand for online grocery shopping.
Threats
- Intense competition: The supermarket industry in Singapore is highly competitive, with both local and international players vying for market share.
- Disruptions in supply chain: Any disruptions to the supply chain, such as logistics or sourcing issues, could affect inventory availability and impact Sheng Siong's operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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