History
Hup Seng Huat Co Ltd was the first
industrial hardware company to be publicly listed on
the Stock Exchange of Singapore in 1994. We have maintained
steady growth, with Group net assets amounting to $115.5m
for the year ended 30 June 2005 (FY2005).
The company started as a partnership
in the 1940s between the late Chairman, Mr Lim Boon
Wan, and his brothers, Mr Lim Boon Hong and Mr Lim Boon
Kee. The Group is now managed by the second and third
generations of the Lim family, assisted by professional
managers.
Business grew over the years and culminated
in the acquisition of Hoe Seng Huat Pte Ltd in 2004.
The enlarged Group’s turnover hit $198m in FY2005.
The Group now serves over 1,500 customers in more than
15 countries worldwide compared to 300 customers when
it was first listed in 1994.
This year, Hup Seng Huat commemorates
a significant milestone. We are celebrating the 60th
anniversary of the Company’s founding. Emulating
the spirit of our Founders, we are looking for business
opportunities that could transform us to be the preferred
global total solution provider of steel products and
services.
< Old Signage since 1940.
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