Eu Yan Sang Founding Family To Sell Their Chinese Medicine Business?

📆 29/8/2023 4:28 pm
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The family is reportedly in talks with several Singaporean companies to dispose of their stake in the company.

Local traditional Chinese medicine company, Eu Yan Sang is supposedly in the midst of selling their business. According to Bloomberg, citing a source, the family-run business intends to sell its stakes in Eu Yan Sang International Limited.

The discussions reportedly have been on the family members disposing of the majority of their stakes in the company. The family members have also been in discussions with financial advisers about their next move.

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