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Due to business expansion and increased capital requirements, Hup Seng Co. was dissolved in 1974 and HSPM was then founded with all the assets and liabilities of the partnership transferred thereto. 3 years later in 1977, HSHY was incorporated to manage trading and in 2005, HSIB acquired 100% equity interest in In-Comix.
Today, Hup Seng is one of the leading crackers/biscuits manufacturer in Malaysia. HSIB adopted a Dividend Policy distributing an annual dividend payout of at least 60% of the net profit after tax with effect from Financial Year ended 31 December 2009.
Yong Hup Seng Mesh Co Pte Ltd - as it was first known, was established in 1973 and traded as a small contractor engaged in fencing works to Commercial and Industrial building.