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:
“...women were fighting for limited freedom, the vote and more education. I wanted all the freedom, all the opportunity, all the equality there was in the world. I wanted to belong to the human race, not to a ladies’ aid society to the human race.”
—Rheta Childe Dorr (1866–1948)