Tsai Eng-Meng Net Worth is$8,000 $Million
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Company Name: Want Want Holdings Limited , ????????
Company Type: Privately-owned company
Foundation: 1962
Location City: Taipei
Location Country: Republic of China
Key People: Chairman and CEO: Mr. Tsai Eng-meng
Area Served: Republic of China
Industry: Foods
Products: snack foods, beverages
Homepage: [http://www.want-want.net/ Want Want Holdings Limited]
Want Want Holdings Limited, or Want Want, is a food manufacturer from Taiwan. It is the largest rice cake and flavored drinks maker in Taiwan. It engages in the manufacturing and trading of snack foods and beverages. It operates over 100 manufacturing plants in Mainland China, 2 in Taiwan and employs over 60,000 people.
In 1962, Want Want began operations in the name of I Lan Foods Industrial Company Limited in Yilan County, Taiwan, which manufactured canned agricultural products. It was founded by Mr. Tsai Eng Meng's father, Toshitaka Sam Shuzawa.
In 1983, it collaborated with Iwatsuka Confectionery Company Limited, one of the top three Japanese rice cracker makers, to develop rice cracker market in Taiwan. It was practically a charity on Iwatsuka's side, and the only payoff to Iwatsuka was a mere 5% of the common stock of the company but it is now valued at $300M (three times as large as Iwatsuka [2221.jp]'s market value as of September 2009).
In 1987, it became the first Taiwanese operator to apply for the registration of the "Want Want" trademark in China. In 1992, it started its business in Mainland China.
In 1994, it commenced its first production plant in Changsha, Hunan.
In 1996, it was listed on the Singapore Stock Exchange in the name of Want Want Holdings Pte Ltd.
In 2007, Want Want Holdings Pte Ltd was delisted from the Singapore Stock Exchange.
In 2008, its subsidiary, Want Want China Holdings Limited, was listed on the Hong Kong Stock Exchange.
Note that many Want Want products are well known in China for their bizarre advertisements. Advertisements often depict the life of a Chinese boy wanting to buy Want Want products. The symbol of Want Want came after Tsai Eng Meng's son starred in a bizarre advertisements.

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