|1870s||Our founder, Eu Kong, leaves his hometown of Foshan in Guangdong, southern China, and sets out for Malaya|
|1877||Eu Kong’s only son, Eu Tong Sen, is born in Penang.|
|1879||First shop, named Yan Sang, opens in Gopeng, Perak in Malaysia, providing quality Chinese herbs and medicines.|
|1890s||Eu Tong Sen inherits the business from his father. By the end of the decade, he opens a second shop in Kampar.|
|1900s||Yan Sang branches out to other parts of Malaysia.|
|1910s||Yan Sang begins operation in Singapore, Hong Kong and China, with the brand name Eu Yan Sang.|
|1941||Eu Tong Sen passes away. Eu Yan Sang’s business is handled by administrators.|
|1950s||Operations in Malaysia and Singapore are converted from proprietorship to limited company status.|
|1973||Eu Yan Sang Holdings is listed on the Singapore Stock Exchange, and incorporates both Malaysia and Singapore operations.|
|1980||Weng Li Sdn Bhd, the manufacturing arm of our office in Malaysia, is set up.|
|1989||Richard Eu, a great grandson of Eu Kong, joins Eu Yan Sang Holdings.|
|1990||Eu Yan Sang Holdings acquired by Lum Chang. Our group continues modernising the medical hall business and opens new outlets, turning the business into a retail network.|
|1991||Launch of new innovative product offering - American Ginseng Tea. , This modern and convenient ways to consume Chinese medicine and tonics; eliminates the need to brew the tea for hours.|
|1992||Eu Yan Sang (Hong Kong) listed on the Hong Kong Stock Exchange.|
|1993||Richard Eu organises a buyout from Lum Chang and forms Eu Yan Sang International Holdings.|
|1996||Eu Yan Sang Hong Kong acquired by Eu Yan Sang International Holding. Our businesses in Hong Kong, Malaysia and Singapore are now one entity, with common shareholders and management. We begin our expansion plans in Hong Kong.|
|1998||Approval of our flagship products Bak Foong Pills (women’s wellness product) and Bo Ying Compound (infants’ wellness product) for sale in China. The product distribution network is expanded to major children’s hospitals and subsequently to various provinces.|
|2000||Eu Yan Sang International Limited is publicly listed on the SGX mainboard.|
|2001||First TCM Clinic in Malaysia (July) and Singapore (December), offering TCM consultations and treatments.
Enters the Australian market with integrative health clinic services under the "YourHealth" brand of Integrative Medicine Centres.
Enters the USA (Los Angeles) market by acquiring a retail brand, Elixir store, and its range of health tonics and teas.
|2002||Eu Yan Sang Hong Kong manufacturing facility receives the Certificate of Manufacturing Facility from TGA Australia. It means worldwide recognition of excellent manufacturing practices and quality control on production of herbal pills and powders. Eu Yan Sang Hong Kong factory receives the ISO 9001:2000 accreditation, becoming the first TCM factory in Hong Kong to receive a GMP certification and Quality Award from the Hong Kong Trade and Industry Department.
Eu Yan Sang opens special outlets via a store-in-store concept, which leads to 111 new special outlets opening across Malaysia.
Eu Yan Sang collaborates with the Chinese University of Hong Kong on a 3-year research project, which focuses on the active ingredients in our flagship product, Bak Foong Pill (effective for adolescence and younger women). The positive research results lead to a new product, Menoease Pills (aids menstrual and menopausal symptoms for elderly women).
|2003||Eu Yan Sang Hong Kong collaborates with the Chinese University of Hong Kong to mass produce an anti-viral formula - Kang Du Bu Fei Pills - for the prevention of the SARS infection.|
|2005||Eu Yan Sang enters Thailand in November through a distribution partnership , marking our first steps in a new market.
We set up a Medical Board comprises both Western-trained medical specialists and TCM physicians to oversee standards of care in the development of TCM and Integrative Medicine clinical services for the group.
|2006||Forbes Asia recognises Eu Yan Sang as among the 200 Best Under a Billion companies in Asia Pacific. These companies are judged on sustained gains in sales, and return on equity and earnings, and must have revenues under US$1 billion a year and five-year returns on capital of at least 5%.
Eu Yan Sang Centre, which has a floor area of 130,000 sq ft, opens in Yuen Long, Hong Kong. Over HK$110 million was invested in this new state-of-the-art manufacturing, research and development, quality assurance and logistic centre for global operation.
Eu Yan Sang develops a new retail concept -- a wellness lifestyle store called Red, White & Pure -- which targets the younger, non-Chinese and non-traditional users of TCM.
The Ginseng Board of Wisconsin, USA works with our group in distributing its prized ginseng. This results in an agreement for Eu Yan Sang to have the sole rights to worldwide distribution.
Eu Yan Sang Health Cite, our comprehensive wellness and TCM retail store which also offers fine herbal dining, TCM treatment and foot reflexology services, opens in Kuala Lumpur, Malaysia.
|2007||Recognised as a caring company by the Hong Kong Council of Social Service.|
|2008||Launch of Good Agronomic Practices for Herbs (EYSGAP-Herbs) Certification Scheme to ensure the safety and authenticity of TCM products. It is supported and authenticated by ATP, a subsidiary of AVA, Singapore.
To complement the new standard in EYS GAP-Herbs, our group develops an Integrated Good Agronomic Practice for Traditional Chinese Medicine Electronic System (iGATES) with KOOPrime Pte Ltd. iGATES is the world’s first online portal which streamlines, automates and integrates various world-class quality and safety assurance processes of TCM herbs throughout the whole value chain. The project receives funding from The Enterprise Challenge, an initiative under the Prime Minister’s Office of Singapore to promote innovation in public services.
Nestle collaborates to develop a new range of ready-to-use herbal soup concentrates - known as Yang Sheng Le - which reaches out to busy consumers. This effort marks the new era of functional foods which enhance foodstuff with herbs and allow for convenient consumption.
First TCM Integrative Medical Centre in Hong Kong, combining the best practises of the East and West to provide holistic preventive and treatment services.
|2009||Together with Nanyang Polytechnic, we set up Singapore’s first TCM laboratory to boost local TCM research.
Eu Yan Sang signs an MOU with Truong Xuan Viet Company Ltd to open a chain of TCM clinics in Vietnam.
|2010||Eu Yan Sang becomes the largest single shareholder of ASX-listed Healthzone Ltd, the Australian market leader in the mainstream wellness industry.
Development of a novel way of extracting impurities from herbal products- Zerotox® in collaboration with Nanyang Polytechnic. This is another breakthrough to continuously improve and provide long-term effectiveness and safety of our products.
|2011||Set up Scientific Advisory Board to provide specialised advice in the areas of science and technology relevant to the growth of company.|
|2012||Eu Yan Sang acquires part of Healthzone Ltd to form Healthy Life Group Pty Ltd. This enables the Group to realise our vision to become a truly global integrative healthcare and wellness company.
Eu Yan Sang launches the first retail-museum concept store in China, Guangzhou, at Foshan, the birthplace of founder Eu Kong.
|2013||Relocation of Eu Yan Sang Headquarters to Tai Seng Drive, with all companies operating in Singapore integrated under one roof.|
|2014||By FY2014, the Group has an extensive network of 249 company-operated retail outlets, 32 franchise outlets, 32 TCM clinics and 2 Integrative Medical Centres across Australia, China, Hong Kong, Macau, Malaysia and Singapore.|
|2016||In January, we announced a strategic partnership with Hcare Investments Holding Limited to receive injection of capital and management expertise to build up a scalable TCM business in China.
Delisting of Eu Yan Sang International Ltd from Singapore Exchange on October 7 to embark on next phase of growth.
|2017||Renowned private equity group Allegro Funds invested as majority shareholder in Healthy Life Group.
On October 1, our long-time Group CEO Mr Richard Eu stepped down and assumed new roles as the Chairman of Eu Yan Sang International Ltd. He was succeeded by Mr Aaron Boey.