Professional Documents
Culture Documents
Leeewewe Rubber Company A Case Study of A Singapore Based Chinese Owned Transnational Corporation
Leeewewe Rubber Company A Case Study of A Singapore Based Chinese Owned Transnational Corporation
Company:
A Case Study of
A Singapore-Based Chinese-Owned
Transnational Corporation
March 2014
Case Contents
I.
Case Facts
II.
Time Context
III.
Viewpoint
IV.
V.
VI.
VII.
Statement of Objectives
X.
Analysis of Alternatives
XI.
Decision Statement
XII.
Implementation Program
Case Facts
Lee Rubber Company (Pte) Ltd. is one of the few large rubber
companies incorporated in Asia.
The Lee Rubber Company Ltd was first incorporated in the
Straits Settlement on 9th December 1931 under the Ordinance No.
155. Singapore was part of the Straits Settlement at this time of
incorporation.
Lee Rubber Company started its operations in 1928. Its
activities were stated in the Articles of Incorporation as rubber
planters and manufacturers, brokers, agents, merchants, importers,
exporters, and dealers in rubber and rubber goods and related
goods.
Nominal capital of the company was $500,000 consisting of
5,000 shares each worth $100 at the time of incorporation.
In 1932, the largest shareholder was Mr. Lee Kong Chian with
3,123 shares which represented 62% of the 5,000 shares taken up.
The nominal capital was further increase in 1953 to $10.1m
and in 1957, the nominal capital doubled.
Since its incorporation, the Company has expanded its nominal
capital by more than one hundred times while issued capital has
increased almost by eighty-one times.
Subsidiaries has been established namely: Lee Latex, Tropical
Produce, Lee Plantations, Kota Trading, Lian Hin Rubber, United Gee
Seng and Kallang Rubber which was established between 1947 and
1951. Lee Rubber (Selangor) was incorporated in 1962 in Malaysia.
Lee Plantations is primarily an estate management company.
II.
Time Context
April 1977
III.
Viewpoint
Mr. Lee Kong Chian, director of Lee Rubber Company Ltd.
IV.
V.
VI.
VII.
Statement of Objectives
Long-Range Objectives
To
Short-Range Objectives
To