YEO'S - HISTORY
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    2004 Annual Report

    Part 1
    Part 2

    2005 Annual Report

    Part 1
    Part 2

    2006 Annual Report

    Part 1
    Part 2

    2007 Annual Report

    Part 1
    Part 2
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    HISTORY







    YEO HIAP SENG Malaysia's proud history began in Amoy, China where a soya sauce factory was set up in the year 1900. The initiative of the founder of the Yeo clan, Yeo Kheng Lian, was brought to Asia in 1937 when the family migrated to Singapore to start up a sauce plant.

    1955, was a landmark year not just for the company but for the whole world when YEO HIAP SENG changed conventional thinking by successfully bottling soyabean milk. It was no longer a healthy traditional drink to be slaved over a charcoal heated stove but a drink which was made conveniently and readily available for mass consumption.

    The year in which Malaya became a nation was also an important milestone for YEO HIAP SENG. 1957 saw the establishment of the first YEO HIAP SENG office in Malaysia. YEO HIAP SENG incorporated its first sales company in Malaysia under the banner of YEO HIAP SENG (Sarawak) Sdn Bhd which was followed by the establishment of YEO HIAP SENG Canning Factory (Malaya) Sdn Bhd in Petaling Jaya, Selangor in 1959.

    1967 was a year of great achievements for the company. Following their success in bottling soyabean milk, YEO HIAP SENG once again introduced new consumption habits when they became the first in the world to introduce soyabean milk and chrysanthemum tea in tetrahedron one-way paper containers. This was also the year that YEO HIAP SENG introduced canned curry chicken to the world.

    Growing from strength to strength, the company commenced canned food operations in its newly constructed Johor Baru plant in 1971 and soon, a public company named YEO HIAP SENG (Malaysia) Bhd was born in 1974. The company was listed on the Kuala Lumpur Stock Exchange in 1975.

    The successes continued to transpire for YEO HIAP SENG as 1974 saw the tetrabrik replace the tetrahedron in July of the year when the company installed the first tetra brik packaging machine. In the years of 1976 and 1978, YEO HIAP SENG became the first in the world to pack herbal tea in tetra briks as well as successfully bottle sugarcane drinks.

    In 1983, YEO HIAP SENG became the first tetra brik drinks manufacturer outside Japan to produce and sell ONE BILLION packs of tetra brik drinks; a testament to years of endless effort, growth and innovation.

    The new logo represents yet another stage in the evolvement of the Company in line with the challenges of the twenty first century, while continuing the existing values of innovativencess. Hard-work and team spirit that has put YHS in the forefront of the food and beverage industry.


    For a company which was experiencing rapid growth, diversification into related fields was a natural move. YEO HIAP SENG Malaysia introduced the Schweppes range of canned drinks in 1985 while in 1984, became the first in Malaysia to develop and pack carbonated tropical fruit flavour drinks such as pomelo, lychee and soursop under the "Fizzi" brand name in 325ml cans. That year also saw YEO HIAP SENG Malaysia becoming the first in the country to introduce 100% mixed fruit juices in 125ml tetra briks under the "Junior Juice" brand. This was followed by the launch of Yeo's sweetened condensed milk in 1992.

    By 1994, Yeo's was already a household name in both Malaysia and Singapore. It was time for the company's expansion plans to take effect. YEO HIAP SENG established a joint venture with Worldgrain Co. Ltd to produce canned Asian drinks and in 1995, YEO HIAP SENG acquired subsidiary Rengo International Investment Ltd Hong Kong which operates Xiamen Rengo Food Co. Ltd. to manufacture and distribute instant noodles in China.

    Back home, the innovation and research & development did not let off as YEO HIAP SENG produced non-fried instant noodles; a first in Malaysia. With the newly established opportunities abroad and a bold new outlook domestically, the company had to physically reflect the great changes it was undergoing. The familiar Yeo's logo was redesigned to give it a fresher and more dynamic look and was subsequently introduced to the Malaysian community in 1996.

    With a watchful eye on the future, YEO HIAP SENG Malaysia has made a bold commitment to information technology. Computer training and development is now at the top of the human resource training agenda while plans are underway to link up all YEO HIAP SENG Malaysia branches nationwide by the end of 1997. Sales staff are equipped with hand-held computers with enhanced processing abilities which will improve the overall responsiveness, customer satisfaction and competitiveness of the Group. Quality control is ever paramount in YEO HIAP SENG Malaysia's operations and is maintained through quality control procedures like the HACCP and staff training. With a proud history and a bright future, Malaysia's "natural choice" now looks to the future with confident anticipation.

     
      YEO HIAP SENG (MALAYSIA) BERHAD. 2004 (co.NO.3405-X)