Board of Directors

Mr Ang Mong Seng

Mr Ang Mong Seng BBM

Non-Executive and Independent Group Chairman, Chairman of the Audit Committee and a member of the Remuneration Committee and Nominating & Corporate Governance Committee
Appointed to the Board on 25 May 2018


Mr Ang Mong Seng has more than 30 years of experience in estate management. He was the Chief Operating Officer of EM Services Pte Ltd from 2002 to 2011 and General Manager for Sembawang Town Council from 1988 to 1997.

Mr Ang was the Member of Parliament for the Bukit Gombak Single Member Constituency from 1997 to 2001 and Hong Kah Group Representation Constituency from 2001 to 2011. He served as the Chairman of Hong Kah Town Council from 1997 to 2011 and was a member of the House Committee in Parliament. He was also the Vice Chairman of South West Community Development Council. Mr Ang retired from politics prior to the 2011 General Elections.

Mr Ang holds a Bachelor of Arts degree from the Nanyang University, Singapore. He is a recipient of the Public Service Medal (PBM) and Public Service Star (BBM).

Mr Teo Cheng Kwee

Mr Teo Cheng Kwee

Non-Executive Director, Chairman of the Remuneration Committee and a member of the Audit Committee and Nominating & Corporate Governance Committee
Appointed to the Board on 21 July 2015


Mr Teo brings with him more than 30 years of vast experience in the building and construction industry and his prominent projects include the Supreme Court Building, the Merlion at Sentosa, Nanyang Technological University, besides several condominium and housing development projects.

Mr Teo has more than 40 years of experience in management and cross-border investment and has led the IPOs of multiple Hong Kong and Singapore listed companies. Mr Teo is the founder, a former Non-executive Director and former CEO of Sapphire Corporation Limited, a company listed on the SGX-ST.

Mr Teo is a committed investor in Myanmar with multiple on-going projects. Mr Teo entered Myanmar in the early 1990s and was the contractor for Traders Hotel (now known as Sule Shangri-La, Yangon). Mr Teo founded and led the Golden City Project, Yangon’s first mixed development and also the tallest and one of the best-selling development project in Myanmar. Mr Teo’s vast experience and acute business acumen has contributed to the Company.

Mr Zhu Xiao Lin

Mr Zhu XiaoLin

Non-Executive Director, Chairman of the Nominating & Corporate Governance Committee and a member of the Audit Committee and Remuneration Committee.
Appointed to the Board on 30 March 2017


Mr. Zhu is currently the director of UGP and chairman and director of Golden Land Real Estate Development Co., Ltd.. He used to be responsible for the development of the Company’s project, Golden City. Under his charge, Golden City became the best-selling luxury mixed-development project in Yangon.

Mr. Zhu has more than 10 years of working experience in the real estate and mineral resources sectors. He has worked in and held senior positions in various Fortune 500 companies, including Motorola Inc., Siemens AG, Sichuan New Hope Group Co., Ltd. and its subsidiaries, and Sichuan Chuanwei Group Co., Ltd. and its subsidiaries.

Mr. Zhu has led many companies which are listed on the Hong Kong Stock Exchange, most significantly, China Vanadium Titano-Magnetite Mining Company Limited, PRC’s first iron ore company listed in the Main Board of Hong Kong Stock Exchange in 2009. In March 2010, Mr. Zhu set up China Poly metallic Mining Co., Ltd., a ferrous mining company, and led the company through its successful listing on the Hong Kong Stock Exchange in December 2011.

Mr. Zhu graduated with a degree in economics from the Southwest University of Finance and Economics in Chengdu City, Sichuan Province, PRC, and is also a certified public accountant.

Mr Joseph Lim

Mr Joseph Lim

Chief Executive Officer and Executive Director
Appointed as Group Chief Financial Officer on 1 October 2015 and re-designated as Chief Executive Officer and appointed to the Board as Executive Director on 28 April 2022


Joseph has more than 10 years of senior management experience in the property, infrastructure and construction industries and was one of the key executive officers brought into the Company by shareholders’ action in 2015 and tasked to address and resolve the many outstanding issues then. Joseph has been closely involved in all material matters of the Group since then and is familiar with the Group’s executive operations.

He brings with him more than 20 years of post-graduation experience in finance, investments, corporate finance, corporate restructuring and mergers and acquisitions with extensive background in public companies listed on SGX-ST and the Australian Securities Exchange, with operations in Asia, Europe and Australia. Joseph is a key executive officer with heavy involvement in various cross-border merger and acquisition, corporate restructuring, divestment and corporate transformation exercises.

Joseph graduated from the Nanyang Technological University of Singapore with a Bachelor of Accountancy (Merit). He is a Fellow of the Institute of Singapore Chartered Accountants, an ASEAN Chartered Professional Accountant, a member of the Singapore Institute of Directors, a Certified Internal Auditor and a Chartered Financial Consultant.