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FY 2011 Annual Report - Sheng Siong

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<strong>Sheng</strong> <strong>Siong</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong><br />

Chairman’s Message 主席献词<br />

Competition” and “Hari Raya Promotion”. Our live TV<br />

entertainment-cum-game shows continue to draw good<br />

viewership, thereby reinforcing the <strong>Sheng</strong> <strong>Siong</strong> brand<br />

name with the consumers. Through different fairs, we<br />

brought in new product varieties and held promotions<br />

to excite customers.<br />

Our customers are our foremost priority. We will<br />

consider their needs and preferences and motivate<br />

them to keep coming back, for our brand name is<br />

synonymous with: trusted quality, competitive pricing<br />

and personalised service.<br />

Extracting more value<br />

Capitalising on excellent infrastructure at the new<br />

Mandai Link Distribution Centre, we will continue<br />

to improve our sales mix, increase direct and bulk<br />

purchasing and increase productivity by introducing new<br />

technologies and working methods. We are expanding<br />

the variety of our existing range of housebrands to<br />

sharpen our competitive edge in grocery retail.<br />

Recognised for Excellence<br />

As a Group, we are delighted and thankful for the<br />

recognition conferred to us by various reputable<br />

associations in <strong>2011</strong>. We were accorded the Bronze<br />

Winner of the Retail Asia Top 500 Awards (surveyed<br />

by Euromonitor International), Superbrand Status<br />

by Superbrands Singapore, Best Small-Cap Equity<br />

Deal of FinanceAsia Achievement Awards <strong>2011</strong> and<br />

Winner of Most Transparent New Issue of Securities<br />

Investors Association (Singapore) Investors’ Choice.<br />

These accreditations have inspired and reinforced<br />

our commitment to enhance our products variety and<br />

services as we drive the business forward.<br />

Staying Ahead with Passion, Commitment and<br />

Innovation<br />

The economic outlook in 2012 is uncertain, there could<br />

be pressure on costs because of oil prices, but we<br />

believe that the Group is well positioned to manage the<br />

challenges ahead.<br />

的综艺节目结合娱乐与游戏,持续吸引人们<br />

收看,从而加强我们在消费者心目中的品牌<br />

地位。通过不同的展销会,我们引进新产品<br />

种类及举办促销活动,刺激顾客的购买欲。<br />

我们以顾客为先,因为是他们塑造了明日的超<br />

市。我们将考虑他们的需要和喜好,从而保持在<br />

前头,鼓励顾客不断地光顾我们的分店,享受我<br />

们可以信赖的品质、价格具竞争力的产品及个人<br />

化的服务。<br />

获取更多的价值<br />

我们将善加利用万礼连新分销中心卓越的基础建<br />

设,继续改良销售品类、增加直接与大量的采<br />

购,以及通过新科技和工作方式提高生产力。我<br />

们正在扩展现有的自家品牌商品种类,加强我们<br />

在零售业的竞争优势。<br />

因卓越而获得认可<br />

作为一家集团,我们很高兴也感激各个有名望的<br />

协会、组织在<strong>2011</strong>年颁予我们的种种荣耀。我们<br />

在亚洲零售500强颁奖礼获得铜牌(此排名由调研<br />

机构Euromonitor国际展开);是新加坡超级品牌<br />

之一;也是<strong>2011</strong>年度亚洲金融大奖的最佳小市<br />

值股票交易。此外,我们还获得新加坡证券投资<br />

者协会主办的“投资者的选择”颁发“最透明新<br />

股”奖项。这些认可启发了我们,也加强了我们<br />

提高产品多样性、提升服务的信念。<br />

以热忱、承诺和创新走在前端<br />

2012年的经济展望不明朗,油价攀高可能加重成<br />

本的压力,但我们相信集团已做好准备,应付眼<br />

前的挑战。

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