Eu Tong Sen Limited and Hong Kong
By the late 1920s, the most profitable part of the Eu Yan Sang medicine shop business was in remittances and not medicines. Eu moved from Singapore to Hong Kong in 1928. On January 7, 1932, he formed Eu Tong Sen Limited in Singapore but controlled it from Hong Kong where his remittance business was showing the best potential.
Read more about this topic: Eu Tong Sen
Famous quotes containing the word limited:
“In many ways, life becomes simpler [for young adults]. . . . We are expected to solve only a finite number of problems within a limited range of possible solutions. . . . It’s a mental vacation compared with figuring out who we are, what we believe, what we’re going to do with our talents, how we’re going to solve the social problems of the globe . . .and what the perfect way to raise our children will be.”
—Roger Gould (20th century)