Chairman, Non-Independent and Non-Executive Director Mr. Teo was admitted to the Singapore bar in 1983 and has been a partner of Shook Lin & Bok LLP ("SLB") since 1988. Prior to joining SLB in 1987, he worked for brief periods as an associate with an international law firm and as a corporate finance executive with an international investment bank. He obtained his Bachelor of Law (Honours) degree from the University of Hull and is a Barrister-at-Law from Lincoln's Inn.

Mr. Teo currently heads the Corporate & Corporate Finance and China practices of SLB. In his 25 years of practice, he has advised on a wide range of corporate finance transactions, particularly securities offerings, mergers and acquisitions, joint ventures and strategic investments. He has significant experience in equity capital markets and has advised on many public offerings of securities by Singapore and foreign companies including those from the Peoples' Republic of China ("PRC"). Mr. Teo also has expertise with mergers and acquisitions of Singapore and foreign companies including those from the PRC. Mr. Teo's regional practice includes foreign investment work in and out of Singapore, PRC, India and the ASEAN countries.

In the course of his legal practice, Mr. Teo has advised listed companies extensively on corporate law and regulatory compliance and in particular, the requirements of the Singapore Exchange Securities Trading Limited.

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Independent and Non-Executive Director Mr. Lau has a First Class Honours Degree in Mechanical Engineering from the University of Singapore and is a CFA charter holder. He started his career as a Project Engineer with Esso Singapore Private Limited in 1979 before becoming an Assistant Consultant with PA Consultant in 1982.

Mr. Lau then joined the Government of Singapore Investment Corporation (GIC) where he served for 20 years and was appointed a member of the GIC Senior Management team overseeing the entire equities investing operations of GIC during his final four years in GIC. In addition, he was appointed as a non-executive director on the Board of Thistle Hotel PLC and to the board of Distacom Communications Limited (Hong Kong) by GIC.

Mr. Lau joined GD Express in May 2003 and spearheaded efforts to prepare and position the company for public listing. GD Express was listed on Mesdaq section of Bursa Malaysia in May 2005. From February 2005 until June 2007, Mr Lau was with DBS Asset Management Limited, a wholly owned subsidiary of DBS Bank in Singapore, where he held the appointments of both the Chief Executive Officer and Chief Investment Officer.

Mr. Lau is currently the advisor to Siam Commercial Bank of Thailand and a member of the Investment Committee at NTUC Income of Singapore. He is also the Executive Director of Sunmax Capital Pte Ltd, a boutique corporate advisory firm providing consultancy services to companies.

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John Teo Cheng Lok - Independent and Non-Executive Director Mr. John Teo has been in Public Accounting Practice since 1981. He is a Fellow of the Institutes of Chartered Accountants in England & Wales, Certified Public Accountants, Singapore and Certified Public Accountants, Australia and a member of the Chartered Management Institute, UK.

He is a Founder and a Senior partner of TeoFoongWongLCLoong and Baker Tilly TFWLCL. Audit Partner of various clients, local and multi-national including charitable institutions and public listed companies. Other professional involvement includes corporate advisory, insolvency, restructuring, forensic, training and accounting services.

Mr Teo is presently a director of Raffles Education Corporation Limited

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Mr Ivan Png was appointed as an Independent Director on 3 October 2007. Mr Png is a Lim Kim San Professor in the School of Business, and Professor of Information Systems and Economics at the National University of Singapore.

From 2005 to 2006, he was a Nominated Member of the Singapore Parliament. He was previously a faculty member at the University of California, Los Angeles, and the Hong Kong University of Science and Technology.

Mr Png is currently an Independent Director of Healthway Medical Corporation Ltd, and a member of the Trustworthy Computing Academic Advisory Board of Microsoft Corporation. He is also a consultant with Economic Analysis Associates LLP.

Mr Png holds a Bachelor of Arts (First Class Honours) in Economics from the University of Cambridge and a Doctorate of Philosophy in Business from the Stanford University.

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Mr Gary Kee was appointed as CEO with effect from 21 February 2009 and Executive Director with effect from 23 February 2009. He has full executive responsibility over the business directions and operational decisions in the day-to-day management of the Trustee-Manager.

Prior to this appointment, Mr Kee was with Hewlett Packard for 23 years. He last served as Director, Head of Strategy and Corporate Development for Asia Pacific & Japan. In this role, he was responsible for developing strategies to support inorganic growth and managing mergers and acquisitions, joint ventures, minority equity investment and divestment activities for the region. He has also held numerous senior regional and global management positions in finance, operations and strategic business development during his tenure in Hewlett Packard and has had extensive exposure to and involvement in a broad spectrum of products and services businesses.

Before joining Hewlett Packard, Mr Kee was a Management Consultant with Arthur Andersen Associates (now known as Accenture). His consulting engagements included clients from the oil and gas, manufacturing and banking industries in Jakarta, Balikpapan, Kuala Lumpur, Singapore and London.

Mr Kee has also served as a Board member of various companies. He holds a Bachelor of Commerce from McMaster University, Canada and an MBA from the University of Texas at Arlington, USA.

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Mr Simon Tay was appointed as an Independent Director on 1 May 2008. Mr Tay holds a Masters in Law from Harvard Law School and a Bachelor of Laws (Hons) from the National University of Singapore and is a qualified Advocate and Solicitor of the Supreme Court of Singapore. He is an Associate Professor and teaches international law at the Faculty of Law, National University of Singapore. Mr Tay is concurrently chairman of the Singapore Institute of International Affairs, a non-governmental think tank that represents Singapore in the influential ASEAN-ISIS network of regional think tanks. From July 2002 to 31 March 2008, he was the chairman of the National Environment Agency, Singapore’s major agency for environmental protection and public health. In Fall 2003, he was a visiting professor at the Harvard Law School and Fletcher School of Law and Diplomacy. In 2009, he is teaching at Yale University and is Schwartz Fellow at Asia Society.

Mr Tay was selected for three terms as a Nominated Member of the Singapore Parliament (1997 – 2001) and has served to lead public consultations on Singapore in the 21st century, the national concept plan, and the Singapore Green Plan 2012. In 2006, he received the Public Service Medal (Pingat Bakti Masyarakat, PBM), a Singaporean National Day award.

Mr Tay was a Fulbright scholar at Harvard Law School from 1993-1994, where he won the Laylin prize for the best thesis in international law. In 2000, the World Economic Forum (Davos) named him a “global leader of tomorrow”. In 2002, he was awarded an Eisenhower Fellowship, one of Singapore’s first non-governmental recipients of this award.

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Mr Sam Ong was appointed as a Non-Independent and Non-Executive Director on 2 October 2008. He is currently the Hyflux Group Deputy CEO & CFO. He joined Hyflux Ltd in September 2006.

Mr Ong heads joint ventures management, legal, mergers and acquisitions, risk management and investor relations for the Hyflux Group.

After being appointed Group Deputy CEO in 2008, Mr Ong’s expanded portfolio included spearheading the Hyflux Group’s overall operational and financial management, corporate governance and overseeing the infrastructure investment programme and the energy business. Notably, Mr Ong led the launch of HWT amongst many other key corporate transactions. Prior to joining Hyflux Ltd, Mr Ong held global and Asia Pacific leadership positions in the USA and in Singapore, ranging from treasury and finance, pension fund investment, strategic planning, project financing to business development for 18 years.

Mr Ong holds a Bachelor’s degree in Economics from the University of Alberta, Canada and an MBA from Drake University, USA.

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