SME Spotlight

Hong Guan eyes a bigger catch with new ideas

Fishing tackle business aims to reel in more business with concept store and other plans

Mr Lee Seng Shoy, managing director of Hong Guan (Tackle), says he has faith in South-east Asia as an emerging market, citing the region's "large, young and dynamic" population.
Mr Lee Seng Shoy, managing director of Hong Guan (Tackle), says he has faith in South-east Asia as an emerging market, citing the region's "large, young and dynamic" population. PHOTO: HONG GUAN TACKLE
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Fishing demands patience and perseverance. While some may prefer to wait in their boats for the first bite of the day, others favour changing their fishing techniques to secure their catch.

The same strategy applies to running a business, said Mr Lee Seng Shoy, the managing director of Hong Guan (Tackle), a Singapore-based distributor of fishing tackle.

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A version of this article appeared in the print edition of The Straits Times on November 07, 2018, with the headline Hong Guan eyes a bigger catch with new ideas. Subscribe