The Business of Family

Richard Eu - Family Politics, Consolidating Power, Going Public & Taking Private [The Business of Family]



November 9th, 2020  •  55 mins 44 secs  •  Download (38.8 MB)  •  Link with Timestamp

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Richard Eu is a fourth-generation Eu. One of the family's last remaining businesses, Eu Yan Sang, a network of Traditional Chinese Medicine dispensaries, was founded by Richard Eu's great-grandfather Eu Kong and the family's fifth generation are still in the business today. This is a gripping story of family politics, loss of control, re-consolidation, an IPO, and ultimately privatisation of the family firm once again.