At the start of 2018

At the start of 2018, Sheng Siong Group Ltd. currently operates 44 outlets. This is up from the 33 outlets they operate at the end of 2012. We can observe an average of 2 new outlet opening each year, reflecting the company’s move to expand their presence. Currently, Sheng Siong Group Limited has previously set a target to operate at least 50 outlets and is currently enroute to reach and surpass their target. Our group expects Sheng Siong Group Limited to continue on its expansion following successful bids at Bukit Batok Block 440 and Yishun Block 675 and increase their market share on the back of the success from their new outlet. We can expect the average sq.ft to continue to increase according to our forecasts.