1
ANNUAL REPORT 2015
CO R P O R AT E P R O F I L E
Haw Par Corporation Limited has been listed on the Singapore Exchange since 1969.
Headquartered in Singapore, the Group’s core healthcare and leisure businesses promote healthy lifestyles through
its healthcare products and oceanariums.
Haw Par’s healthcare products are manufactured and marketed under its various established brands - Tiger Balm
and Kwan Loong. Tiger Balm, a renowned ointment, is used worldwide to invigorate the body as well as to relieve
aches and pains. Its product extensions such as Tiger Balm Medicated Plaster, Tiger Balm Joint Rub, Tiger Balm Neck
and Shoulder Rub, Tiger Balm Mosquito Repellent Patch and Tiger Balm ACTIVE range cater to the lifestyle needs of
a new health-conscious generation.
The Group owns and operates two oceanariums, namely Underwater World Singapore at Sentosa and Underwater
World Pattaya in Thailand.
The Group also has interests in investment properties and manages its own portfolio of investments in securities.
The Group’s primary corporate strategy is to expand its core healthcare and leisure businesses through product
extensions under its own established brands, form strategic alliances with partners in various key markets and
explore acquisition of compatible businesses. It also aims to manage efficiently its portfolio of investments in
properties and securities to achieve a reasonable return.
CON T E N T S
OVERVIEW
1
Corporate Profile
2
Chairman’s Statement
7
Board of Directors
11
Corporate Information
12
Key & Senior Executives
YEAR IN REVIEW
14
Group Financial Highlights
15
Financial Calendar
16
Operations Review
24
People & The Community
28
Five-Year Financial Summary
30
Financial Review
GOVERNANCE
33
Corporate Governance Report
FINANCIAL REPORT
44
Directors’ Statement & Financial
Statements
INVESTOR REFERENCE
110
Group Offices
111
Major Products & Services
112
Statistics of Shareholdings
114
Notice of Annual General
Meeting
FOCUS
RESILIENCE
SUSTAINABILITY
