Bold. Authentic. Just Nichol.

Daughter Wife Mother Eating Disorder Survivor Change-Maker Revolutionist Marketeer Entrepreneur Philanthropist Mentor CEO Peer Energiser Bunny Brand Creator

I am NICHOL-INC

Hello Everyone, as I set my mind on soul searching for the next adventure, I felt it was also important to document my own journey thus far. Many times most CEOs or business owners find themselves lost when a business crumbles — but what truly stands the test of time is WHO AM I and in this case, I am NICHOL-INC, a brand that I can truly call my own.

Everyone has a Xtory and this is mine.

— Nichol Ng

More Than a Name.
A Movement.

A third-generation entrepreneur, Nichol Ng took her family's food distribution business from S$2 million to S$65 million in revenue. Her grandfather's Teochew legacy, started in 1934, was a chapter that has now closed — but the spirit lives on in everything she builds next.

In 2012, she co-founded The Food Bank Singapore — redistributing surplus food to over 370 non-profit organisations reaching 300,000+ underprivileged individuals. Featured across The Straits Times, Prestige, Her World, The Business Times and more.

  • The Peak Power List 2016
  • Forbes Asia's Heroes of Philanthropy 2017
  • Harper's Bazaar The Power List 2018
  • YPO Global Impact Award 2021 — Southeast Asia Honouree

A 92-Year Family Story

From a provision shop in Rochor Road to a S$65 million food distribution empire — and the hard lessons of what it means to persevere.

1934

The Grandfather's Vision

The late Mr Ng Lim Song migrated from Shantou, China to Singapore. He opened a provision shop in Rochor Road selling fish fin and dried provisions, building Ng Chye Mong into a trusted name in Singapore's food trade.

2002

A New Generation Takes Over

Nichol and her brother Nicholas joined the family business. Sales were under S$2 million. They began modernising operations, distributing for brands like Kimberly-Clark and expanding into hawker stalls and produce supply.

2007

FoodXervices is Born

The siblings bought out the original family company for S$5 million and rebranded it FoodXervices — signalling a bold pivot toward modernisation. Revenue had grown to S$12 million. Featured in Cleo, Shape, Appetite and more.

2012

Food Bank Singapore Founded

Seeing vast food waste from the industry, Nichol and Nicholas co-founded Food Bank Singapore — a charity that collects surplus food and redistributes it to over 130 beneficiary organisations. It now provides 250,000 free meals every month and operates independently.

2015–19

The Golden Era

FoodXervices grew to S$65 million in revenue with 5,000 customers including Shake Shack, Marina Bay Sands and Singapore Airlines. The siblings invested in a landmark S$50 million, 250,000 sq ft headquarters, Xpace, in Pandan Loop.

2020

The Pandemic Strikes

"The whole deck of cards just toppled." Xpace opened weeks before COVID-19. Sales plunged 90% overnight. Electricity and logistics overheads alone hit S$500,000 a month. Nichol sold her matrimonial home and injected proceeds into the company to keep it alive.

2026

End of a Chapter — Start of Another

FoodXervices entered voluntary liquidation in April 2026. Featured on the front page of The Sunday Times and in The Business Times. Nichol's response: "We are a family of business owners; we will come back again, and we will re-flourish in a very different shape." The next chapter is already in motion.

The Business Times · May 18, 2026

"If a family business can no longer feed your family, then what's the purpose? A non-profitable business legacy — you might as well not uphold it."

— Nichol Ng, as quoted in The Business Times

'Whole deck of cards just toppled': FoodXervices' Nichol Ng on how a 92-year-old family business unravelled — and what's next

By Renald Yeo · An ill-timed property bet, a generational pandemic and a wave of customer closures. FoodXervices tried every way to stay afloat — restructuring in 2023, selling Xpace, transferring logistics. But revival plans collapsed in March 2026 when the landlord rejected a new investor and the "white knight" pulled funding. Nichol's next venture is already taking shape around food and nutrition.

Read Full Article →

In the News

Over two decades of features across Singapore's leading print and digital publications — from lifestyle magazines to front-page business news.

Videos

Explore the CultivATE documentary series on Singapore's food culture, security, and sustainability — plus behind-the-scenes looks at FoodXervices and the family legacy.

Full Playlist

NICHOL — 47 Videos

Open on YouTube →
Documentary Series

CultivATE — Singapore's Food Story

A 5-episode documentary series exploring the full picture of Singapore's food ecosystem — from what we eat and where it comes from, to climate change, food security, and the culture of flavour that makes Singapore unique.

CultivATE Episode 1 thumbnail
10:34
Episode 1

Singapore, What Are You Eating?

Watch →
CultivATE Episode 2 thumbnail
8:46
Episode 2

Variety is the Spice of Singapore Life

Watch →
CultivATE Episode 3 thumbnail
9:47
Episode 3

The Climate of Change

Watch →
CultivATE Episode 4 thumbnail
8:18
Episode 4

Food Security

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CultivATE Episode 5 thumbnail
7:58
Episode 5

In Good Taste

Watch →

What Comes Next
Starts Here.

Beyond the usual stuff that I have done, I am keen to explore new blue oceans and create new impact along the way. A CEO for Hire, A Teammate for Change, What's next?