This article may have been created or edited in return for undisclosed payments, a violation of Wikipedia's
terms of use. It may require cleanup to comply with Wikipedia's
content policies, particularly
neutral point of view. (January 2023) |
![]() The current OSIM logo, used since 2010 | |
Company type | Privately held company |
---|---|
Industry | Wellness Technology, Healthcare |
Founded | November 1980Singapore | in
Founder | Ron Sim |
Headquarters | 65 Ubi Avenue 1, 408939 [1], |
Key people | Ron Sim ( Chairman), Charlie Teo ( CEO), [2] Lynn Tan (Deputy CEO), [3] Mindy Wang (Deputy CEO) |
Products | well-being chairs, massage chairs, massage products, wellness devices, health measurement products and beauty devices, gaming chairs |
OSIM International Pte Ltd ( Chinese: 傲胜国际企业; pinyin: Àoshèng guójì qǐyè) is a Singapore-based company that manufactures wellness technology and lifestyle products such as well being chairs, massage chairs and sofas, slimming belts, and pulse massagers. [4] The company also recently ventured to manufacturing gaming chairs and electronic products related to gaming, virtual reality and beauty and fitness. [5]
In 1980, Singaporean entrepreneur Ron Sim founded R Sim trading, a company dedicated to the sale of home goods, kitchen utensils, wooden massagers and reflexology rollers in Singapore. [6] In 1983, the company opened its first store. [7] Subsequently, the company expanded its operations to Hong Kong, Taiwan and Malaysia. [7]
In 1993, the company officially launched the brand name OSIM, [7] a combination of Sim, the surname of its founder, and 'O' which stands for the globe. [1] After rebranding, OSIM focused on health and lifestyle products and continued to expand across Asia. [6]
OSIM was listed on the Singapore Exchange in July 2000, [8] [9] selling 25% of the company's shares at the time of listing. [6] The company subsequently de-listed in 2016. [9]
In March 2016, Ron Sim, offered to buy out shares of OSIM to take the company private once again. This followed a significant drop in the company's net income. [10] [11]
In 2018, OSIM applied to be listed in the Hong Kong Stock Exchange. However, the plan was aborted due to perceived intense volatility in the market. [8]
In 2021, OSIM was recognized by Deloitte as one of the Best Managed Companies in Singapore. [12] Also in 2021, OSIM expanded to new product categories such as in beauty and gaming. [5]
In March 2022, OSIM International, under the V3 Group, filed for listing on the Hong Kong Stock Exchange. [8]
{{
cite web}}
: CS1 maint: numeric names: authors list (
link)
This article may have been created or edited in return for undisclosed payments, a violation of Wikipedia's
terms of use. It may require cleanup to comply with Wikipedia's
content policies, particularly
neutral point of view. (January 2023) |
![]() The current OSIM logo, used since 2010 | |
Company type | Privately held company |
---|---|
Industry | Wellness Technology, Healthcare |
Founded | November 1980Singapore | in
Founder | Ron Sim |
Headquarters | 65 Ubi Avenue 1, 408939 [1], |
Key people | Ron Sim ( Chairman), Charlie Teo ( CEO), [2] Lynn Tan (Deputy CEO), [3] Mindy Wang (Deputy CEO) |
Products | well-being chairs, massage chairs, massage products, wellness devices, health measurement products and beauty devices, gaming chairs |
OSIM International Pte Ltd ( Chinese: 傲胜国际企业; pinyin: Àoshèng guójì qǐyè) is a Singapore-based company that manufactures wellness technology and lifestyle products such as well being chairs, massage chairs and sofas, slimming belts, and pulse massagers. [4] The company also recently ventured to manufacturing gaming chairs and electronic products related to gaming, virtual reality and beauty and fitness. [5]
In 1980, Singaporean entrepreneur Ron Sim founded R Sim trading, a company dedicated to the sale of home goods, kitchen utensils, wooden massagers and reflexology rollers in Singapore. [6] In 1983, the company opened its first store. [7] Subsequently, the company expanded its operations to Hong Kong, Taiwan and Malaysia. [7]
In 1993, the company officially launched the brand name OSIM, [7] a combination of Sim, the surname of its founder, and 'O' which stands for the globe. [1] After rebranding, OSIM focused on health and lifestyle products and continued to expand across Asia. [6]
OSIM was listed on the Singapore Exchange in July 2000, [8] [9] selling 25% of the company's shares at the time of listing. [6] The company subsequently de-listed in 2016. [9]
In March 2016, Ron Sim, offered to buy out shares of OSIM to take the company private once again. This followed a significant drop in the company's net income. [10] [11]
In 2018, OSIM applied to be listed in the Hong Kong Stock Exchange. However, the plan was aborted due to perceived intense volatility in the market. [8]
In 2021, OSIM was recognized by Deloitte as one of the Best Managed Companies in Singapore. [12] Also in 2021, OSIM expanded to new product categories such as in beauty and gaming. [5]
In March 2022, OSIM International, under the V3 Group, filed for listing on the Hong Kong Stock Exchange. [8]
{{
cite web}}
: CS1 maint: numeric names: authors list (
link)