Sheng Siong is actively working to maintain affordable prices for consumers despite rising costs linked to the ongoing Iran war. The company reassured stakeholders that it prioritizes price stability even as external pressures increase.
Investor concerns were raised ahead of the company's annual general meeting (AGM), with discussions focusing on an S$8 million director pay and the potential risks posed by the conflict in Iran. Sheng Siong remains committed to balancing operational costs while keeping prices accessible for its customers.