V3 Group

Vision. Valour. Values.

Corporate Profile

V3 Group is a Singapore-based holding company with a globally diversified portfolio that includes leading brands and businesses in the well-being, luxury gourmet, capital markets, real estate, and integrated healthcare services segments. 

The Group is guided by three Vs – the Vision to create exceptional brands of distinctive quality, nurtured by leaders with Valour, and anchored by our Values of innovation, ownership, and excellence. V3 refers to these three core qualities, as well as the three units that drive our growth – V3 Brands, V3 Capital, and V3 Assets. 

Collectively, our brands and businesses engage over 3 million customers worldwide with a combined footprint of over 5,000 retail touchpoints in 118 cities across 26 countries.

The Group has its roots in the iconic OSIM brand founded by visionary entrepreneur Ron Sim over 40 years ago. A pioneer in well-being technology in Asia, Ron has forged ahead on the success of OSIM to create valuable brands and assets in sectors that include e-commerce, nutrition, gourmet lifestyle, real estate assets and integrated healthcare services.

Milestones

Starting with the first OSIM store in Singapore in 1983, the V3 Group journey has been characterised by Vision, Valour, and Values.

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Milestones

2021
– Acquires the iconic Le Cabestan in Casablanca, Morocco, along with a group of restaurants

2020
– Launches legendary Bacha Coffee from Marrakech, Morocco, in Singapore
– Acquires interest in award-winning Cat & Fiddle bakery

2019
– OSIM 40th Anniversary
– Renowned global investor KKR comes onboard as shareholder

2017
– V3 Group Limited is formally incorporated
– Successful acquisition of Futuristic Group

2016
– Successful privatisation of OSIM

2014
– First TWG Tea location in China is launched

2012
– Successful acquisition of GNC Taiwan business

2010
– First TWG Tea Salon and Boutique outside of Singapore opens in Tokyo, Japan

2008
– First TWG Tea Salon and Boutique opens in Singapore

2003
– First Investment in ONI Global

2000
– OSIM successful lists on Singapore Exchange

1997
– LAC brand is launched

1994
– OSIM products are launched in China

1986
– First OSIM store opens in Hong Kong

1983
– First OSIM store opens in Singapore

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Ron Sim

Executive Chairman

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About Our Executive Chairman

Founder And Executive Chairman

Ron Sim is the Founder and Executive Chairman of V3 Group Limited (the “Group”), a Singapore-based holding company with a globally diversified portfolio organised into three business units – V3 Brands, V3 Assets, and V3 Capital. The portfolio includes leading brands in the well-being and luxury gourmet segments, as well as holdings in capital markets, real estate, and integrated healthcare. As Executive Chairman, Mr. Sim is responsible for high level oversight of the Board, management, and the formulation of the Group’s strategic direction.

An intrepid business builder, Mr Sim. started with a trading company selling general household items in 1979 that expanded and eventually evolved into the V3 Group. Today, V3 Brands nurtures leading brands such as OSIM, TWG Tea, Bacha Coffee, Le Cabestan, LAC, and Futuristic Fixtures; V3 Capital pursues capital growth opportunities; and V3 Assets holds assets in integrated real estate and healthcare. Collectively, the Group’s brands and businesses engage over 3 million customers worldwide with a combined footprint of over 5,000 retail touchpoints in 118 cities, across 26 countries in Asia, the Oceania, Middle East, Europe and North America. 

Since October 2014, Mr. Sim has been the vice chairman and non-independent non-executive director of Perennial Real Estate Holdings Limited (SGX-listed from 2003 to 2020). He was a non-executive director of SGX-listed Jumbo Group Limited (SGX:42R) from May 2017 to January 2020.

Past Awards and Appointments 

  • Singapore Corporate Awards “Best Chief Executive Officer Award”, 2012
  • Singapore Business Awards “Businessman of the Year”, 2003
  • EY “Entrepreneur of the Year”, 2003
  • Board Member, International Enterprise Singapore, 2006 – 2008
  • Board Member, Sentosa Development Corporation, 2004 – 2009
  • Member, SPRING SEEDS Investment Approval Committee, 2005 – 2007
  • Member, Economic Review Sub-Committee, 2001
  • Member, Board of Trustees, Tan Tock Seng Hospital Community Charity Fund, 2012 – 2014

About V3 Group About V3 Group

Board of Directors

Ron Sim Chye Hock

Founder and Executive Chairman

Rachel Sim Yu Juan

Non-Executive Director

Advisors

George Yeo

Senior Advisor

Gan Chee Yen

Chairman, V3 Capital

Group Senior Management and Leaders of Business Units

Charlie Teo

CEO, OSIM International

Siek Wei Ting, Ryan

Finance Director, V3 Brands