Singapore Exchange Ltd (SGX)

Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.

With about 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN.

As Asia’s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.

Headquartered in AAA-rated Singapore, SGX has over 800 employees including offices in Beijing, Chicago, Hong Kong, London, New York, Mumbai, San Francisco, Shanghai and Tokyo.

Asia’s leading multi-asset exchange

SGX Market Strategist, Equity & Fixed Income, Singapore Exchange Ltd (SGX)

Geoff Howie

SGX Market Strategist, Equity & Fixed Income

Equity Bottom-Up

<h2>10 Questions for Haw Par Corp</h2>
<p><strong>Company Overview</strong><br>Haw Par Corporation Limited (together with its subsidiaries, the “Group”) is a Singapore-grown multinational group, listed in Singapore since 1969. The Group is an enterprise with a consumer healthcare business that promotes healthy lifestyles through its healthcare products, and its largest contributor comes from a brand it owns – Tiger Balm. Besides the consumer healthcare business, the Group also engages in the leisure business and holds investments in securities and properties. <a href="https://www.sgx.com/securities/equities/H02" target="_blank" rel="noopener">Link to StockFacts company page</a></p>
<ol>
<li><strong>The iconic Tiger Balm brand was established in the 1900s. How has the brand evolved over time and how has it contributed to the Group’s top line?</strong></li>
</ol>
<ul>
<li>Haw Par was named after the Aw brothers – Boon Haw and Boon Par who created Tiger Balm in the early 1900s, the flagship business of Haw Par. ‘Haw’ and ‘Par’ means “tiger” and “leopard”, respectively, in the Chinese dialect. From a single pain relief product, Tiger Balm has since transformed into a lifestyle care brand that is familiar to consumers of all ages.</li>
<li>Our product has developed a loyal consumer base, ranging from leading sports figures and Hollywood celebrities to the average person seeking to alleviate pain or to relax and rejuvenate. A key driver is in unsolicited word-ofmouth endorsements of Tiger Balm as a brand.</li>
<li>Today, Tiger Balm is the main contributor of Haw Par’s Healthcare business and a key contributor to the Group’s revenues. The Healthcare segment forms 84% of our FY2020 revenue and 44% of our FY2020 total revenue and other income.</li>
</ul>

10 Questions for Haw Par Corp
Company Overview Haw Par Corporation Limited (together with its subsidiaries, the “Group”) is a Singapore-grown multinational group, listed in Singapore since 1969. The Group is an enterprise with a consumer healthcare business that promotes healthy lifestyles through its healthcare products, and its largest contributor comes from a brand it owns – Tiger Balm. Besides the consumer healthcare business, the Group also engages in the leisure business and holds investments in securities and properties. Link to StockFacts company page

The iconic Tiger Balm brand was established in the 1900s. How has the brand evolved over time and how has it contributed to the Group’s top line?


Haw Par was named after the Aw brothers – Boon Haw and Boon Par who created Tiger Balm in the early 1900s, the flagship business of Haw Par. ‘Haw’ and ‘Par’ means “tiger” and “leopard”, respectively, in the Chinese dialect. From a single pain relief product, Tiger Balm has since transformed into a lifestyle care brand that is familiar to consumers of all ages.
Our product has developed a loyal consumer base, ranging from leading sports figures and Hollywood celebrities to the average person seeking to alleviate pain or to relax and rejuvenate. A key driver is in unsolicited word-ofmouth endorsements of Tiger Balm as a brand.
Today, Tiger Balm is the main contributor of Haw Par’s Healthcare business and a key contributor to the Group’s revenues. The Healthcare segment forms 84% of our FY2020 revenue and 44% of our FY2020 total revenue and other income.


10 in 10 with Haw Par Corp - The Iconic Tiger Balm