As of August 14, Yeo Hiap Seng’s share price was 52 cents, and its market cap was 324.7 million. The company has been affected by economic uncertainties, which have resulted in cautious consumer sentiment. It has also been affected by the volatility of regional currencies like the Indonesian rupiah and the Malaysian ringgit.
Where there is food, there are drinks—be it a can of fizzy cola, alcohol, or something with a more local flavour, like green tea. These canned drinks are typically found in local restaurants, coffee shops, supermarkets and convenience stores, making them easily accessible for all.
Local players Yeo Hiap Seng (SGX:Y03
) (Yeo’s) and Fraser & Neave (F&N) are household names, with Singaporeans familiar with their signature canned or bottled drinks. While the two companies are listed here, their footprint goes beyond Singapore and can be found in most countries in the region.
