The Future of Family Business: Listing & Beyond

Join SGX and FBN Asia for an exclusive event exploring key decisions shaping the future of family businesses.


Through candid conversations with family business leaders, we will examine the realities of going public versus staying private, the factors driving these decisions, and how families balance growth with privacy.


The event will also delve into the succession of family businessesโ€”professionalisation vs. family-run modelsโ€”focusing on integrating family values, building trust, and implementing structured governance for long-term sustainability.


This is a valuable opportunity to gain insights directly from family business leaders who have walked the path and learn from their experiences.

Agenda

14:00 - 14:30
Registration
14:30 - 14:45
Opening and welcome by SGX
14:45 - 15:30
Public Listing for Family Businesses
Going public is a monumental decision for any family business. In this panel, experienced family business owners will share insights on the opportunities and challenges of listing a family b...
Going public is a monumental decision for any family business. In this panel, experienced family business owners will share insights on the opportunities and challenges of listing a family business on the Singapore Exchange (SGX).

The discussion will explore the benefits of public listing, including increased access to capital, enhanced brand visibility, and strategic growth opportunities. Conversely, the panel will address the associated risks and challenges, such as heightened regulatory scrutiny and the potential erosion of family control.

Key Questions to Be Addressed:
-How do families weigh the pros and cons of listing their business?

-What are the unique regulatory and operational requirements for listing on the SGX? What are the advantages vs others countries?

-How does listing impact governance structures and family dynamics?

-How can family businesses maintain their legacy and values while engaging with public shareholders?
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15:30 - 16:00
Tea Break
16:00 - 17:00
From Legacy to Longevity: Professionalising Family Businesses for Sustainable Growth
Succession planning in family businesses is a critical process requiring multi-year planning. Developing the next generation to lead the business is not a straightforward decision. Many fami...
Succession planning in family businesses is a critical process requiring multi-year planning. Developing the next generation to lead the business is not a straightforward decision. Many families deliberate on whether to professionalise their business by appointing an external CEO or passing leadership to a family member—each option having its unique value and challenges.

This panel will explore how family businesses can modernise their operations and governance in alignment with succession strategies, professionalisation approaches, and leadership transition considerations, all while staying true to their roots.

Key Discussion Points:
-Transitioning from informal to structured governance without losing the family’s essence.

-Balancing family influence with professional expertise in decision-making.

-The importance of professionalisation for sustainable growth and effective succession planning.

-Evaluating succession options: hiring external talent vs. appointing family leadership.

-Key factors in succession decisions: leadership skills, experience, cultural fit, and long-term vision.

-Managing family dynamics, shareholder expectations, and maintaining business continuity during leadership transitions.
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17:00 - 17:10
Closing by FBN Asia
17:10 - 18:00
Networking & Snacks

Speakers

  • Richard Eu (Non-Executive Chairman at Eu Yan Sang International Ltd (EYSI))

    Richard Eu

    Non-Executive Chairman at Eu Yan Sang International Ltd (EYSI)

    Richard Eu is Group Chairman of Eu Yan Sang International Ltd (EYSI), an appointment he has held since 1st October 2017. He is the fourth generation of a business that was founded in 1879.

    As the steward of the EYSI Group, Richard leads the board in providing governance oversight, deliberating the Group’s strategic choices and providing independent counsel and advice to the Group CEO.

    Prior to this appointment, Richard served as the Group CEO of EYSI from 2002 until becoming Group Chairman. Richard has been instrumental in transforming EYSI into one of Asia’s largest Traditional Chinese Medicine (TCM) groups today. Under his leadership since 1989, the Group has successfully established itself in the broader market of natural wellness and has introduced TCM to new consumers with products and services to meet the needs of a modern lifestyle.

    Richard was named the Ernst & Young Entrepreneur of the Year 2011 (Singapore) and represented Singapore at the Ernst & Young World Entrepreneur of The Year 2012 award in Monte Carlo, Monaco. He was also recognised as the CEO of the year by the Singapore Corporate Awards 2010, for SGX-listed companies with a market capitalisation of under S$300 million. In 2016, he was lauded as the Brand Leader of the Year by InfluentialBrands.

    Prior to joining Eu Yan Sang, Richard, who holds a Bachelor of Law degree from the University of London, UK, worked in merchant banking, investment management, stock broking, computer distribution, and venture capital.

    Apart from sitting on the boards of private sector companies, Richard actively participates in community projects and non-profit organisations. Richard was conferred the Public Service Medal (PBM) at the Singapore National Day Awards 2020.

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  • Kwek Pei Xuan (Head of Sustainability & Corporate Affairs at Hong Leong Asia Ltd)

    Kwek Pei Xuan

    Head of Sustainability & Corporate Affairs at Hong Leong Asia Ltd

    Ms Kwek is currently the Head of Sustainability and Corporate Affairs of HLA where she oversees the Group’s strategic direction in its management of environmental, social and governance (ESG) issues, sustainability reporting framework and corporate communication. Her past experience included business development, marketing and communications and investment.

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    Ms Kwek holds a Bachelor of Commerce degree, majoring in Marketing and Finance from University of Melbourne as well as a Masters in Hospitality Management from Les Roches International School of Hotel Management, Switzerland. She has also been awarded certifications of completion for Business Sustainability Management and Supply Chain Management from the University of Cambridge.

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  • Daniel Soh (Sector Leader, Asian Conglomerates at Korn Ferry)

    Daniel Soh

    Sector Leader, Asian Conglomerates at Korn Ferry

    Using the vast experience of over 25 years advising business leaders across Asia on their top talent acquisition challenges, Mr. Soh strives to quickly build high-performing management teams capable of establishing and strengthening their organisation’s presence in the region. A recognised authority on prevailing leadership issues in Asia-based companies today, Mr. Soh also specialises in cross–border appointments, having successfully placed Chief Executives and other senior leaders in ASEAN, Greater China and Japan.

    During his executive search career which began in early 1998 with A.T. Kearney, Mr. Soh has carved a niche by assessing and identifying seasoned professionals across various functions. This versatility makes him well qualified to look beyond the parameters of a traditional job spec and source high performing individuals from different geographies, industries, or functions to fill critical leadership roles.

    Prior to joining Korn Ferry, Mr. Soh spent 10 years running his own regional retained search practice, and he had held similar responsibilities at other leading global executive search firms.

    Mr. Soh holds a Master in Human Capital Management from Singapore University of Social Science, Bachelor of Business in Business Administration from the Royal Melbourne Institute of Technology, and an Executive Diploma in Directorship from Singapore Management University. Mr. Soh has also completed the Listed Entity Directors Programme, and he is an Accredited Board Director and an Ordinary Member (MSID) of the Singapore Institute of Directors.

    Outside of work, Mr. Soh is also an active volunteer and is especially passionate about helping the less privileged and protecting the environment. Having lived and worked in Singapore, China, Hong Kong and Japan, Mr. Soh is fluent in English and Mandarin.

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  • Goh Yeow Lian (Executive Chairman and Managing Director of Wee Hur Holdings Ltd)

    Goh Yeow Lian

    Executive Chairman and Managing Director of Wee Hur Holdings Ltd

    Mr Goh Yeow Lian was appointed as our Executive Chairman and Managing Director on 3 September 2007 and he is one of the founders of our Group. He has played a pivotal role in the growth and development of our Group and is responsible in the formulation of our Group’s strategic directions and expansion plans, as well as managing our Group’s overall business development. He graduated with a Diploma in Building from Singapore Polytechnic.

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Tickets

Complimentary for FBN Members and Non-Members
Standard Price Complimentary

Venue

SGX Auditorium

SGX Centre Office
2 Shenton Way, #02-02
SGX Centre 1
Singapore 068804

Singapore

If you have any questions please contact Catherine Chua

Contact Organizer

+6590884822

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