Milestones

Feb 2007

Launched uPapa, a power drum-massager that pounds away muscle aches and strain.

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.

Jan 2007

Launched uPilot, the designer massage chair featuring the patented ROBO-Stic technology for the ultimate massage control.

Dec 2006

Recipient of Singapore Brand Award 2006 for the 5th consecutive year.

Nov 2006

Signed a new master franchisee: Bahrain.

Oct 2006

Announced 35% increase in revenue to $477.3 million for the 9 months ended 30 September 2006.

Aug 2006

Launched iMedic PRO, a mid-range full body massage chair with international actor, Louis Koo.

Jul 2006

Title sponsorship of OSIM Singapore International Triathlon 2006.

Increased shareholding in OSIM (Taiwan) Co. Ltd from 90% to 92.5%.

Announced group achievement of 53% increase in turnover to $338.6 million for 6 months to 30 June 2006. Proposed interim dividend of 1.30 cents per share.

May 2006

Incorporated OSIM International (Australia) Pty Ltd.

Signed a new master franchisee: Cambodia.

Apr 2006

Introduced iDesire ROBO, the world's 1st voice-control full body massage chair during the OSIM annual fair at Takashimaya square.

Announced group result with 79% increase in revenue to $155.2 million for the first quarter ended 31 March 2006.

Mar 2006

Re-launched uZap, an innovative product featuring the Twin Power Osimotion (TPO) to give an effective oscillating massage for tummy, butt and thighs.

Dec 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.

Oct 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.

Sep 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.

Aug 2005

Re-launched iDesire with Taiwan celebrity Zhang Fei.

Increased shareholdings in OSIM (Taiwan) Co. Ltd by 5% to 90%.

Jul 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.

Apr 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%.

Mar 2005

Increased equity stake in Global Active Limited ("GAL") to 40.05% and made mandatory cash offer for "the remaining shares, except for 15% held by GAL CEO Ms Cynthia Poa (who agreed to sell up to an additional 10% [through Healthcare Group Inc] to ensure OSIM crosses 50% and makes the offer unconditional).

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.

Feb 2005

Ranked 53rd in the inaugural Singapore International 100 Ranking.

Jan 2005

Signed on a master franchisee in Spain.

Announced full year results for financial year 2004. FY 2004 revenue rose 16% to $332.1 million and net profit increased by 32% to $31.7 million. A final dividend and 25th Anniversary special dividend of 1.0 cent per share was recommended.

Dec 2004

Recipient of Singapore brand Award 2004 for 3rd consecutive year.

Nov 2004

Awarded 8 silver Excellent Service Awards.

Oct 2004

Shanghai Office shifted to a bigger location.

Announced revenue rose 14% to $234.7 million and net profit grew by 21% to $20.9 million for the 9 months ended 30 September 2004.

Sep 2004

Signed a conditional Put and Call Deed for 31.13% of Global Active Limited.

Awarded the International Headquarters status by EDB.

Signed a Master Franchise Agreement with Delhi-based Paramount Surgimed Ltd for sale of OSIM products in India and Nepal.

Awarded the Most Transparent Company Award (Commerce) in SIAS Investors' Choice Awards 2004.

Aug 2004

Entered the Korean market with first store in Seoul.

Sponsored the OSIM Singapore International Triathlon, one of the largest triathlon events in Asia.

Launched a full range of massage chairs with varying price ranges in Singapore.

Jul 2004

Announced group achieved 20% increase in turnover to $160.2M and a net profit growth of 26% to $13.6M for the six months ended 30 June 2004. Proposed an interim dividend of 0.7 cents per share.

OSIM iSymphonic AV Massage Chair advertisement being voted as one of the top 20 advertisements in the Singapore AdWatch.

Jun 2004

Group introduced the iEcologi to Singapore, this all-in-one cleaning wonder steams, sucks and sanitises with the power of water and steam all at the same time. It also combines the cleaning functions of a vacuum and steam cleaner, and features a 4-stage EcoActive filtration system.

Apr 2004

Launched a new intelligent massage chair that synchronises to audio-visual signals, delivering the world's first multi-sensory massage experience the iSymphonic AV.

Announced group net profit increase of 29% to $5.4M for the first quarter ended 31 March 2004. This is in line with long term growth target of 20% to 30%.

Mar 2004

Launched a new supplement specially blended to improve and maintain one's skin in good condition. Named Nourish REFINE, it takes the extra step in skin care, by nourishing and protecting skin, from the inside.

Founder and CEO Mr Ron Sim was conferred The Business Times "Businessman of the Year".

Jan 2004

The group celebrated the opening of its 500th outlet in Shenyang, China.

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.

Apr 2003

OSIM launched the iSymphonic, the world's first massage chair that synchronizes massage and music. It was voted "Invention of the Year" by Time magazine.

OSIM group announced a turnover increase of 25% to $52.5m and net profit increase of 29% to $4.2m for the 3 months ended 31 March 2003.

OSIM acquired 29.9% of Global Active for S$9.568m. Global Active, as GNC's franchisee for Singapore, Malaysia, Brunei and China, is principally engaged in the marketing and sale of nutraceutical products through a point-of-sale network of 62 outlets.

OSIM Saudi Arabia opened first outlet.

OSIM signed MOUs with franchisees in India and Ukraine.

Mar 2003

International Enterprise Singapore and OSIM presented results of an international study on the OSIM brand, which established OSIM brand value at $203m.

OSIM was ranked first in Business Times' Corporate Transparency Index.

OSIM unveiled its new face Gong Li in Shanghai.

Feb 2003

OSIM opened first outlet in Philippines.