Launched OSIM uYoyo,
the World’s 1st Massage and
Exercise chair.
January 2008
Signed a new master
franchisee: New Zealand.
Signed an agreement with
Emirates Airline, to provide
its airport lounges worldwide
with massage chairs.
Launched OSIM uRobic,
an innovative Cardio-Twist
exercise machine, in Taiwan
and Malaysia.
December 2007
Signed a cooperation
agreement with LG Electronics
Inc. to enlarge OSIM’s
presence and market share
in South Korea.
Introduced OSIM uSpace,
the World’s First Well-Being chair.
October 2007
Runner-up in the
“Most Transparent Company
Award (Commerce)” in SIAS
Investors’ Choice Award 2007.
September 2007
Launched OSIM uSqueez with
international celebrity, Lin Chi Ling.
Title sponsorship of
OSIM 2007 Hong Kong ITU
Triathlon Asian Cup.
August 2007
Signed 2 new master
franchisees: Kuwait & Iran.
July 2007
Title sponsorship of OSIM
Singapore International
Triathlon 2007.
May 2007
Awarded the prestigious Red
Dot Design Award for uScale BF,
the weighing scale and body
fat monitor.
February 2007
Announced full year results for financial year 2006 with revenue growth of 24% to $622.9 million. A final dividend of 1.48 cents per share was recommended.
Launched uPapa, a power drum-massager that pounds away muscle aches and strain.
January 2007
Launched uPilot, the designer massage chair featuring the patented ROBO-Stic technology for the ultimate massage control.
December 2006
Recipient of Singapore Brand Award 2006 for the 5th consecutive year.
November 2006
Signed a new master franchisee: Bahrain.
October 2006
Announced 35% increase in revenue to $477.3 million for the 9 months ended 30 September 2006.
August 2006
Launched iMedia PRO, a mid-range full body massage chair with international actor, Louis Koo.
July 2006
Announced group achievement of 53% incease in turnover to $338.6 million for 6 months to 30 June 2006. Proposed interim dividend of 1.30 cents per share.
Increased shareholding in OSIM (Taiwan) Co. Ltd from 90% to 92.5%
Title sponsorship of OSIM Singapore International Triathlon 2006.
May 2006
Signed a new master franchisee: Cambodia.
Incorporated OSIM International (Australia) Pte Ltd.
April 2006
Announced group result with 79% increase in revenue to $155.2 million for the first quarter ended 31 March 2006.
Introduced iDesire ROBO, the world's 1st voice-control full body massage chair during the OSIM annual fair at Takashimaya square.
March 2006
Re-launched uZap, an innovative product featuring the Twin Power Osimotion (TPO) to give an effective oscillating massage for tummy, butt and thighs.
February 2006
Announced full year results for financial year 2005. Net profit increased by 53% to $46.7 million, while turnover
grew 51% to $502.5 million. A final dividend of 1.0 cent per share was recommended. Proposed 1-for-5 bonus
issue in celebration of record 25th anniversary results.
Signed a new master franchisee: Italy
January 2006
Increased stake in Global Active Limited to 81.24% and delisted the company.
December 2005
Received Singapore Brand Award 2005 for 4th consecutive year.
Acquired China affiliate, OSIM (Shanghai) Co., making it a fully-owned subsidiary and
renamed it OSIM (China) Co. Ltd.
Introduced iGallop, a horse riding equipment which helps in maintaining excellent posture, managing weight and
improving cardiovascular function and stamina.
October 2005
Awarded the Most Transparent Company Award (Commerce) in SIAS Investors’ Choice Awards 2005.
Announced revenue rose 51% to $354.8 million and net profit grew 52% to $30.5 million for the 9 months ended
30 September 2005.
Signed two master franchisees: Vietnam and Pakistan.
Made it to Forbes Asia’s 2005 ‘Best 200 Under-A-Billion’ company list.
Complete strategic acquisition of Nasdaq-listed Brookstone Inc.
September 2005
Launched uZap, an oscillating belt massager featuring Twin Power Osimotion (TPO)
which zaps away unwanted fat.
Entered into a syndicated loan facility agreement of up to $150 million.
August 2005
Re-launched iDesire with Taiwan celebrity Zhang Fei.
Increased shareholdings in OSIM (Taiwan) Co. Ltd by 5% to 90%.
July 2005
Announced group achieved 38 % increase in turnover to $221.3 million for 6 months to 30 June 2005 and net
profit rose 53% to $20.1 million for the same period. Proposed interim dividend of 0.56 cents per share.
Sponsored OSIM Singapore Asian Triathlon.
April 2005
Increased stake holding in Global Active Limited to 67.17%.
Announced group net profit increase of 56% to $8.1 million for the first quarter ended 31 March 2005.
This exceeds the long term growth target of 20% to 30%.
March 2005
Launched iDesire, a new intelligent massage chair that provides the world’s first full body massage experience.
Introduced iPamper, a hand-held massager that provides therapeutic massage anytime and anywhere.
January 2005
Reported a full-year net profit growth of 32% to $31.7 million.
November 2004
Reported a third quarter net profit growth of 11.5% to $7.3million.
September 2004
Signed a Put and Call Deed for 31.13% of Global Active Ltd.
Entered into a Master Franchise Agreement with Paramount Surgimed
Ltd to import and trade OSIM's products in India and Nepal through
OSIM India. Under the agreement, Paramount will invest $4 million
over the next five years to set up about 50 exclusive outlets
in major towns of India - including Calcutta, Mumbai, Chennai
and Bangalore - half of which will open within the first three
years.
August 2004
Entered the South Korean market with the opening of the first
OSIM outlet at Hyundai Department Store in Seoul.
July 2004
Announced its half year results for FY2004. Net profit rose
26% to a record $13.6m. Group declared an interim dividend of
0.7 cents per share.
April 2004
Posted a 29% growth in net profit for the 3 months ended 31
March, 2004. China was the star performer with 68% growth in sales
to $10.6 million from $6.3 million a year ago.
March
2004
Founder and CEO Mr Ron Sim was conferred "Businessman of
the Year" by Singapore Business Awards.
February 2004
Associated company Global Active successfully launched initial
public offering on the Singapore Exchange. OSIMs equity
interest diluted to 23.92%.
January 2004
Released full year results for financial year 2003. Achieved
a 20% turnover growth to $287.4 million and a 40% net profit increase
to $24.1 million. A final dividend of 0.8 cents per ordinary share
was declared. In addition, a 1-for-5 bonus issue was recommended.
Opened 500th outlet in Shenyang, China.
December 2003
Launched
OSIM iSense, an electro foot massager with the worlds first
micro-conductive fibre for maximum contact with the feet and hands
for a more effective relief of physical ailments.
Voted as Best Singapore Small Cap Company 2003 by Asiamoney
November 2003
Presented with the "Special Mention" award for initiative
taken towards good corporate governance at the Singapores
inaugural Best Managed Boards Awards, which was organised by the
Singapore Institute of Directors, The Business Times, the Singapore
Business Federation and Hewitt Associates.
Presented with three prestigious awards in the Singapore Brand
Awards 2003 organised by IE Singapore: "The Most Valuable
Singapore Brands", "The Strongest Singapore Brands"
and "The Brand With Exceptional Performance."
October 2003
Announced a 50% net profit increase to $17.3 million for the
9 months ended 30 September 2003.
Founder & CEO Mr Ron Sim awarded Ernst & Young Entrepreneur
of the Year 2003.
Launched PSB Academy OSIM scholarship for international
management.
September 2003
Won
the Most Transparent Company Award (Commerce) in Securities Investors
Association (Singapore) Investors Choice Awards 2003.
August 2003
Announced half-year results for financial year 2003. Achieved
a 27% turnover growth to $133.5 million and a 64% net profit increase
to $10.8 million over the corresponding period. An interim dividend
of 0.7 cents per share was proposed.
July 2003
Set up OSIM Professorship in Branding and Innovation with National
University of Singapore.
May 2003
OSIM and Ascendas Real Estate Investment Trust entered into
a Put and Call Option Agreement in respect of the sale and leaseback
of OSIM Headquarters building for a total purchase price of $35m.
April 2003
Announced a group net profit increase of 29% to $4.2 million
for the first quarter ended 31 March 2003.
Opened
first outlet in Saudi Arabia.
Signed MOUs with franchisees in India and Ukraine.
Launched iSymphonic, the world's first massage chair that synchronises
massage and music. It was voted "Invention of the Year"
by Time magazine.
Acquired 29.9% of Global Active Limited for $9.568m. Global
Active is GNC's franchisee for Singapore, Malaysia, Brunei and
China. It markets and distributes nutraceutical products that
are sold primarily through its network of 62 GNC outlets in Singapore,
Malaysia and Brunei.
March 2003
Ranked first in The Business Times Corporate Transparency Index.
The OSIM brand valued at $203 million by Interbrand.
OSIM unveiled its new face Gong Li in Shanghai.
February 2003
OSIM
opened first outlet in Philippines.
Launched OSIM iTwin, the foot reflexology massager with a unique
double action that kneads and rolls both feet simultaneously.
January 2003
Released full year results for FY2002. OSIM achieved a 43% turnover
growth to $239m and net profit increased 28% to $17.1m. A final
dividend of 0.90 cents per ordinary share was declared. In addition,
a 1-for-4 bonus issue was recommended.