Mr. Albert Cheok was appointed a director of Auric Pacific Group Limited ("APGL") on 22 July 2002 and has served as non-executive Chairman of APGL since 23 February 2006. Mr. Cheok also serves as the Chairman of the Remuneration Committee. Mr. Cheok will retire at the forthcoming Annual General Meeting and being eligible, offers himself for re-election.
Mr. Cheok is a Fellow of the Australian Institute of Certified Public Accountants. Mr. Cheok graduated from the University of Adelaide, Australia with First Class Honours in Economics. He is a banker with over 30 years experience in banking in the Asia-Pacific region. Between May 1979 and February 1982, Mr. Cheok was an adviser to the Australian Government Inquiry into the Australian Financial System which introduced comprehensive reforms to the Australian banking system. He was Chief Manager at the Reserve Bank of Australia from October 1988 to September 1989 before becoming the Deputy Commissioner of Banking of Hong Kong for about three and a half years. He was subsequently appointed as the Executive Director in charge of Banking Supervision at the Hong Kong Monetary Authority from April 1993 to May 1995.
Mr. Cheok was the Non-Executive Director of Eoncap Islamic Bank Berhad and MIMB Investment Berhad in Malaysia from June 2009 to June 2011. He was also Chairman of Creative Master Bermuda Limited from May 2011 to October 2011 and Vice Chairman of the Export and Industry Bank of the Philippines from February 2006 to April 2012.
Mr. Cheok is a member of the Board of Governors of the Malaysian Institute of Corporate Governance. In Singapore, Mr. Cheok is also the Chairman of Bowsprit Capital Corporation Limited, the Manager of First Real Estate Investment Trust, and the Chairman of LMIRT Management Ltd, the Manager of Lippo Malls Indonesia Retail Trust. He is also a non-executive director of Amplefi eld Limited. In May 2011, Mr Cheok was appointed a director of IPP Financial Services Holdings Ltd. In 2012, he was appointed a Non-Executive Director of Adavale Resources Limited, a mining company listed in Australia.
Mr. Cheok has 50,000 shares in subsidiary company, Food Junction Holdings Limited.
Ms. Saw Phaik Hwa joined Auric Pacific Group Limited ("APGL") as Group Chief Executive Officer on 1 May 2012 and was appointed Executive Director on 25 July 2012.
She was appointed non-executive director of Food Junction Holdings Limited, a subsidiary of APGL on 13 July 2012 and was re-designated as an executive director on 14 September 2012. She is also a non-executive director of The Hour Glass Ltd, a director of the Esplanade Co. Ltd and sits on the board of trustees of the Singapore Management University and Tan Tock Seng Hospital Community Charity Fund.
As an avid practitioner of taiji, Ms. Saw serves as President of the Singapore Jian Chuan Tai Chi Chuan Physical Culture Association and as First Vice Chairman of Singapore Wushu Dragon and Lion Dance Federation. She is also the Vice President of the International Wu Style Tai Chi Chuan Federation and the governor for Singapore and Malaysia for the international body of Wu's Tai Chi Chuan Academy.
Ms. Saw was formerly the President and Chief Executive Officer of SMRT Corporation Ltd having transformed SMRT into a transport corporation with new business segments in retail and advertising. She was also the Regional President of DFS Venture Singapore (Pte) Ltd after holding various senior positions within the duty-free retail chain.
In 2005, she was conferred the Leading CEO Award organized by the Singapore Human Resources Institute and a Medal of Commendation at the 2007 May Day Award.
Ms. Saw graduated with Honours degree in Biochemistry from the University of Singapore and had also completed an Advanced Management Programme at the University of Hawaii.
Ms. Saw holds 270,000 shares in APGL.
Dr. Stephen Riady was appointed a director of Auric Pacific Group Limited ("APGL") on 12 May 1997. He assumed the role of Group Managing Director with effect from 10 May 1999 to 22 February 2006 and serves as executive director of APGL with effect from 23 February 2006. He was last re-elected as a Director at the Annual General Meeting on 27 April 2012.
Dr. Riady serves as a member of the Nomination Committee of APGL. He is also an Executive Director of Lippo Limited and has been its Chairman since 1991. As of 2011, he was appointed the Chairman of Lippo China Resources Limited and Hongkong Chinese Limited. Lippo Limited, Lippo China Resources Limited and Hongkong Chinese Limited are companies listed on the Main Board of The Stock Exchange of Hong Kong Limited. He was appointed the Executive Chairman of Overseas Union Enterprise Limited on 9 March 2010.
Dr. Riady is a graduate of the University of Southern California, United States of America and holds a Master Degree of Business Administration from Golden Gate University, United States of America. He was conferred an Honorary Degree of Doctor of Business Administration from Napier University, Edinburgh, United Kingdom, and is one of the first Honorary University Fellows installed by the Hong Kong Baptist University.
Please refer to the directors' report for details of Dr. Riady's shareholding interest in APGL and its subsidiary companies.
Dr. Ronnie Tan Keh Poo was appointed a director of Auric Pacific Group Limited ("APGL") on 1 October 2004 and relinquished as an executive director on 31 July 2009. He currently serves as non-executive director and member of the Audit Committee of APGL. Dr. Tan will retire at the forthcoming Annual General Meeting and being eligible, offers himself for re-election.
Dr. Tan has stepped down as non-executive Chairman and Audit Committee member of Food Junction Holdings Limited ("FJH") with effect from 1 January 2010. He has retired as director of FJH and did not seek re-election at FJH Annual General Meeting held on 23 April 2012.
Dr. Tan is also a Director and Chief Executive Officer of Bowsprit Capital Corporation Limited, the Manager of First Real Estate Investment Trust in Singapore.
Dr. Tan qualified as a medical doctor from the University of Melbourne in 1977. He worked in various government and private healthcare facilities in Australia and Singapore as a medical practitioner until 1987. After receiving his Master of Health Administration from Loma Linda University, he joined Parkway Holdings Limited as its international business development manager, and also served as Chief Executive Officer of Gleneagles Hospital. In 1995, he worked in Indonesia as executive director of Lippo Group and Chief Executive Officer of Siloam group of hospitals. From 1998 to September 2004, he took up various postings as chief executive offi cer and director of AsiaMedic Limited and senior executive in Parkway Holdings Limited.
Dr. Tan does not have any shares in APGL or its subsidiary companies.
Mr. Bryan Chang Yew Chan was appointed as director of Auric Pacific Group Limited ("APGL") on 23 February 2006 and serves as an independent non-executive director of APGL. The Board and the Nomination Committee regard Mr. Chang as independent. Mr Chang was last re-elected as a director at the Annual General Meeting on 29 April 2012.
Mr. Chang serves as Chairman of the Audit Committee and a member of Nomination and Remuneration Committees of APGL. He presently holds directorships in Shin Yang Services Pte Ltd and a number of private limited companies.
Mr. Chang is currently the General Manager of Shin Yang Services Pte Ltd. Mr. Chang is principally engaged in design and execute business model, identify future revenue sources and formulate business plan, assume the role of Internal Consultant (internal audit, management information and resources allocation system) to its Head Offi ce in Malaysia and act as personal adviser to the Chairman of the Group.
Mr. Chang holds a Bachelor degree in Accountancy from the National University of Singapore and is a Fellow Member of both The Institute of Certified Public Accountants of Singapore and The Certified Public Accountants Australia. He is also a member of The Institute of Internal Auditors, Singapore.
Mr. Chang does not have any shares in APGL or its subsidiary companies.
Dr. Lim Boh Soon was appointed as director of Auric Pacific Group Limited ("APGL") on 23 February 2006 and serves as an independent director of APGL. The Board and the Nomination Committee regard Dr. Lim as independent. Dr. Lim was last re-elected as a director at the Annual General Meeting on 29 April 2011.
Dr. Lim serves as Chairman of Nomination Committee and also a member of the Audit and Remuneration Committees of APGL. He is currently a director of, and shareholder in, Arise Asset Management Pte Ltd and was the former Chief Executive Officer of Kuwait Finance House (Singapore) Pte Ltd. He holds directorships in CSE Global Ltd (independent non-executive director) listed on the Singapore Exchange Securities Trading Limited and AcrossAsia Limited (independent non-executive director) listed on The Stock Exchange of Hong Kong Limited. Dr. Lim is also an independent non-executive director on the Board of Smartag Solutions Berhad, which is listed on Bursa Malaysia, with effect from 20 September 2010.
Prior to that, Dr. Lim was the first foreign expatriate CEO of Vietcombank Fund Management Company ("Vietcombank"). Vietcombank is a subsidiary of the largest state-owned Bank for Foreign Trade in Vietnam, in which he was instrumental for setting up 2 offices and successfully raised 2 private equity funds. Previously, Dr. Lim was a Partner at UBS Capital Asia Pacific(S) Ltd from July 1996 to December 1999 in which he co-headed the private equity arm of UBS AG in Asia and UBS Investment Management Pte Ltd.
Dr. Lim graduated from the University of Strathclyde (formerly The Royal College of Science & Technology) in United Kingdom with a Bachelor of Science (First Class Honours) in Mechanical Engineering and subsequently a PhD in 1985 in Mechanical Engineering. He also obtained a Graduate Diploma in Marketing Management from the Singapore Institute of Management and a Diploma in Marketing from the Chartered Institute of Management in United Kingdom.
Dr. Lim holds 4,000 shares in APGL.
Mr. Edwin Neo was appointed a director of Auric Pacific Group Limited ("APGL") on 15 March 2011 and serves as an independent non-executive director of APGL. The Board and the Nomination Committee regard Mr. Neo as independent. Mr. Neo was last elected as a director at the Annual General Meeting on 29 April 2011.
Mr. Neo is currently an independent non-executive director of Lippo Limited and Lippo China Resources Limited. He is also a member of the Nomination Committee, Remuneration Committee and Audit Committee of Lippo Limited and Lippo China Resources Limited.
Mr. Neo was admitted as a solicitor of the Supreme Court of Hong Kong in 1976, as an advocate and solicitor of the Supreme Court of Singapore in 1991 and as a solicitor of the Supreme Court of England and Wales in 1993. Mr. Neo is a practicing lawyer and a notary public in Hong Kong. He is presently the senior partner of Hoosenally & Neo, Solicitors & Notaries (Hong Kong). Mr. Neo holds a Bachelor of Laws degree with honours and Post-graduate Certificate in Laws from the University of Hong Kong.
Mr. Neo does not have any shares in APGL or its subsidiary companies.