Tiger Balm is a unique consumer franchise with a legendary history. The product is used to relieve pain: headaches as well as muscle sprains and aches. And Haw Par's distinctive packaging and tiger logo has almost become associated with the product itself. Even though the product was invented well over 100 years ago, Tiger Balm's recent success is due to a new management team since the spin-off in 2002. Revenues have grown at a ~8% CAGR and the product has a long runway of growth.
any update on the NAV for Hpar sp?
paul@paulhsutherland.com