LVMH takes a stake in Singaporean tannery
07/10/2011
Heng Long has long been a supplier of crocodile leather to LVMH. Launched in the 1950s, the tannery is now run by the fourth generation of the founders, the Koh family.
Chon Tong Koh and Choon Heong Koh have committed to remain as managing director and executive director of Heng Long respectively for at least five years. LVMH and the Koh family have said they intend to pursue Heng Long's present strategy and to continue to act as a supplier to its full range of customers.
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