Despite mass familiarity with Tiger Balm, not much else is known about Har Par, with the company operating without much fanfare, accompanied by muted recognition from the investing community. But this seems to be changing as Macquarie Equity Research initiates coverage of Haw Par.
Among the more than 600 companies listed on the Singapore stock exchange, few are as rich in history and heritage as Haw Par Corporation. With roots dating back to the 1870s, the company’s iconic Tiger Balm has withstood the test of time to remain relevant in the current day and age.
Initially available only in its distinctive, recognisable hexagonal jar as a waxy ointment, Tiger Balm is now part of an extensive product line that includes plasters, lotions, rubs, and sprays to suit diverse individual preferences. Beloved by generations, Tiger Balm continues to anchor Har Par’s present and future.
