Sphere
#35
2014
04
NEWS
Happy 50th Anniversary!
Year 2014 is a golden year for Superdrug as
it celebrates its 50th anniversary. To mark
this milestone, customers enjoy limited
edition products from various brands
across the UK. Special TV ad celebrates
the birthday. In-store activities and a
national bus tour are underway to break a
Guinness World Record by asking Britons
to sign a giant birthday card.
CORPORATE
HWL and Temasek partnership
HWL has formed a strategic alliance with Temasek. The Singapore investment
company has taken an indirect equity interest of 24.95 per cent in A SWatson
Holdings for HKD44 billion. Following the completion of the transaction on 16 April
2014, HWL distributed a special dividend of HKD7 per share to its shareholders.
The transaction allows HWL to partially unlock the value of A SWatson (ASW) as
well as set an important valuation benchmark for the Group’s remaining interests.
ASWhas grown internationally in the past two decades withmore than 10,500
stores worldwide. Together with its strategic partner Temasek, HWL will further
maximise the value and future growth potential of ASW.
RETAIL
Embracing Customer 360
InMarch, ASWhosted its biennial
Global Suppliers Conference andAwards
2014 inHongKong.With the theme
Embracing Customer 360, the event
attracted over 100 senior executives from
theworld’s largest health and beauty
consumer productmanufacturers, who
discussed how towin the hearts andminds
of customers.
(Back, from left) Mr Victor Li, Deputy Chairman of HWL;
Mr Siew Wah Fock, Member of the Temasek Advisory Panel;
Mr Li Ka-shing, Chairman of HWL;
Mr David Heng, Co-Head, Markets Group,
Temasek International Pte Ltd.
(Front, from left)
Mr Dominic Lai, Group Managing Director, A S Watson Group;
Mr Song Hwee Chia, Head of Investment Group,
Temasek International Pte Ltd;
Mr Canning Fok, Group Managing Director of HWL.
