EU, Richard Yee Ming 余义明 Economic Development of Singapore, Accession Number 002098


  • Oral History Centre
    Source
  • 9
    Total Reels
  • Jesley Chua Chee Huan
    Interviewer
  • 04:06:03
    Total Running Time
  • English
    Language


Copyright Notice

All rights to the recordings and transcripts on this website, including the rights to copy, publish, broadcast and perform, are reserved. Written permission is required for any use. If you have any queries, please contact nas@nlb.gov.sg


Metadata

  • 23 Apr 1999
    Recording Date
  • 00:30:41
    Running Time
  • MP3
    Format
  • Open Access
    Conditions Governing Access

Synopsis

*Interviewee's education background. Why he went to UK for further studies. His school days in UK. Why he studied law. Joined a merchant bank upon graduation. Why he did not join his family business. Eu family business empire. Why his uncles sold off their share of the family business. Interviewee lived in Eu villa when he was young. Life in Eu villa. His relationship with his uncles and aunts. Interviewee used to visit Hong Kong regularly when he was young.

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Metadata

  • 7 May 1999
    Recording Date
  • 00:30:16
    Running Time
  • MP3
    Format
  • Open Access
    Conditions Governing Access

Synopsis

*Interviewee enjoys doing business deals. How interviewee celebrated birthday as a kid in Eu villa. Elaboration on Haw Par Group. Background to the lawsuit involving Metro and Ngee Ann kongsi. Why he joined Eu Yan Sang in 1989. Father's reactions to his joining the company. Eu Yan Sang's board members. Eu Yan Sang's branches were run independently by branch managers. The company later hired someone from HongKong as a consultant to Singapore and Malaysia. Eu Yan Sang's remittance business.

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Metadata

  • 7 May 1999
    Recording Date
  • 00:31:11
    Running Time
  • MP3
    Format
  • Open Access
    Conditions Governing Access

Synopsis

*Elaboration on Eu family's business empire. Eu family also owned an insurance company set up in 1950s. How interviewee's father and relatives react when he joined the family business. Why and how Lum Chang Group acquired Eu Yan Sang Holdings which is listed in Singapore and Malaysia. Background to Eu Yan Sang in HongKong. Series of events leading to the buying over of HongKong's Eu Yan Sang. Elaboration on reactions towards interviewee joining the family business. What interviewee did when he took over Eu Yan Sang International Holdings Pte Ltd.

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Metadata

  • 23 Jun 1999
    Recording Date
  • 00:29:52
    Running Time
  • MP3
    Format
  • Open Access
    Conditions Governing Access

Synopsis

*Changes interviewee introduced into the company when he took over. Uncertainty in the company when it was still under Lum Chang. Relationship with his staff. His views on joining the family business. Why they had to exercise caution when terminating employees in Malaysia. Interviewee's management style. How he monitor his business. Gave leeway to staff in business operations. Effects of recession on their business. His views on staff development and recruitment.

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Metadata

  • 26 Jul 1999
    Recording Date
  • 00:29:37
    Running Time
  • MP3
    Format
  • Open Access
    Conditions Governing Access

Synopsis

*When interviewee took over the management, he gave his staff a career path. Why he wanted a non-family member as Executive Director. Elaboration on his management philosophy. Why Eu Yan Sang escaped the three-generation trap. Why interviewee do not want to have franchise. Why Eu Yan Sang carry food products. Company's corporate colour. His definition of success.

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Metadata

  • 26 Jul 1999
    Recording Date
  • 00:29:23
    Running Time
  • MP3
    Format
  • Open Access
    Conditions Governing Access

Synopsis

*Interviewee feels that Singaporeans are obsessed with material things. His business philosophy. He believes strongly in honesty. Qualities for success in business. His views on education and intelligence. His opinion on Chief Executive Officers (CEOs) going for further education. His advise for budding entrepreneurs. Where he learn his moral values. Views on office politics.

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Metadata

  • 26 Jul 1999
    Recording Date
  • 00:03:42
    Running Time
  • MP3
    Format
  • Open Access
    Conditions Governing Access

Synopsis

*He finds it very difficult to dismiss an employee. How he went about doing it if it need be.

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