Singapore Billionaire, Popiah King (Spring Roll King) & Chairman of Tee Yih Jia Sam Goi Seng Hui (Age 76) with $3 Billion Fortune Makes Offer to Buy Singapore-Listed Consumer Product Manufacturer PSC Corp at $225 Million (S$289 Million) Market Value, Triggered Mandatory Offer after Increasing Shareholding to 43.38% from 31.82%, Offer is S$0.40 Per Share for Remaining 56.5% Shareholding ($96.5 Million / S$123.5 Million), Sam Goi is Currently Chairman of PSC Corp
13th July | Hong Kong
Singapore billionaire, Popiah King (Spring Roll King) & Chairman of Tee Yih Jia Sam Goi Seng Hui (Age 76) with $3 billion fortune has made an offer to buy Singapore-listed consumer product manufacturer PSC Corp at $225 million (S$289 million) market value, triggering the mandatory offer after increasing his PSC Corp shareholding to 43.38% from 31.82% (Offer of S$0.40 per share for the remaining PSC Corp 56.5% shareholding for $96.5 million / S$123.5 million). Sam Goi is currently the Chairman of PSC Corp. PSC Corp – We manufacture, distribute and market a diverse range of quality and value-for-money consumer products for your everyday needs. Established in 1974, PSC Corporation is a homegrown consumer essentials provider listed on the Mainboard of Singapore Exchange. Some of the popular household brands that we own and distribute include Royal Umbrella rice, Golden Peony rice, Golden Circle oil, Fortune tofu, noodle and dessert, and Beautex paper products. With customers’ interest at the heart of everything we do, we strive to continuously innovate and improve our product offerings and services. With the belief in contributing positively to our community and stakeholders, PSC continues to focus on driving strategic investments and partnerships, innovative product development to grow new markets and reach out to more customers in the region. Sam Goi Seng Hui – Dr Goi is the Executive Chairman of Tee Yih Jia Food Manufacturing Pte Ltd, Mainboard-listed GSH Corporation Limited and Tat Seng Packaging Group Ltd. He is also the Vice Chairman of Mainboard-listed JB Foods Ltd and a Non-Executive and Non-Independent Director of Catalist-listed Tung Lok Group Restaurants (2000) Ltd. Dr Goi, who was conferred an Honorary Doctorate from Singapore University of Technology & Design (SUTD) in 2021, is a self-made entrepreneur and has diverse business interests in Singapore, China, Malaysia, United States, Europe and other parts of the world.
“ Singapore Billionaire, Popiah King (Spring Roll King) & Chairman of Tee Yih Jia Sam Goi Seng Hui (Age 76) with $3 Billion Fortune Makes Offer to Buy Singapore-Listed Consumer Product Manufacturer PSC Corp at $225 Million (S$289 Million) Market Value, Triggered Mandatory Offer after Increasing Shareholding to 43.38% from 31.82%, Offer is S$0.40 Per Share for Remaining 56.5% Shareholding ($96.5 Million / S$123.5 Million), Sam Goi is Currently Chairman of PSC Corp “
Singapore Billionaire, Popiah King (Spring Roll King) & Chairman of Tee Yih Jia Sam Goi Seng Hui (Age 76) with $3 Billion Fortune Makes Offer to Buy Singapore-Listed Consumer Product Manufacturer PSC Corp at $225 Million (S$289 Million) Market Value, Triggered Mandatory Offer after Increasing Shareholding to 43.38% from 31.82%, Offer is S$0.40 Per Share for Remaining 56.5% Shareholding ($96.5 Million / S$123.5 Million), Sam Goi is Currently Chairman of PSC Corp
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