Dr. Yu Lai Boon

Non-Executive Chairman and Independent Director

Board Committees served

Chairman of AC and RC and a member of NC

Date of first appointment as Director

16 November 2018

Date of last re-election as Director

28 April 2021

Length of service as a director (as at 31 December 2022)

4 years 1 month

Present directorships in other listed companies (as at 31 December 2022)

OTH Holdings Limited

Past directorships in other listed companies (within the last 5 years from 31 December 2022)

Koufu Group Limited

Other principal commitments

Non – Executive Chairman and Independent
Director of OTH Holdings Limited

Dr. Yu has approximately 25 years of experience in sovereign wealth fund investment, private equity investment, fund management, real estate development, and real estate-related consultancy works. He joined the then Department of Real Estate, School of Design and Environment at National University of Singapore as a Post-Graduate Researcher, Research Assistant and Teaching Assistant between March 1988 and September 1997. Between October 1997 and March 2006, he joined Jones Lang Wootton as an Associate Director, was appointed as the National and Regional Director and Asia Pacific Head of Consultancy and Research in Jones Lang LaSalle Incorporated subsequently, and became the Managing Director and Country Head eventually. After that, he was employed by Nakheel PJSC in Dubai as the Chief Financial Officer and Chief Investment Officer from April 2006 to July 2006, and subsequently joined Dubai World as the Group Chief Investment Officer from July 2006 to April 2010.

Between August 2000 and December 2000, he was also a focus group member for the Ministry of National Development, providing advice on urban land economics in the formulation of the concept plan of the Urban Redevelopment Authority for the development of Singapore. He was also appointed as the Honorary Real Estate Consultancy Advisor of the Real Estate Developer’s Association of Singapore between June 2003 and December 2005. Dr. Yu acted as a member of the Advisory Panel of Singapore Land Authority from July 2014 to July 2016, and he was an Adjunct Associate Professor of the then Department of Real Estate, School of Design and Environment at the National University of Singapore between March 2014 and December 2015.

Dr. Yu was the Lead Independent Director of Koufu Group Limited from 2018 to 2022. He is currently also a Non-Executive Chairman and Independent Director of OTS Holdings Limited, a company listed on the Catalist of the SGX-ST.

Dr. Yu holds a Bachelor of Science (Estate Management) (Honours) degree and a Master of Science (Estate Management) degree from the National University of Singapore. He also holds a Doctor of Philosophy degree in Urban Land Economics from the University of Aberdeen in Scotland. He is a member of the Singapore Institute of Surveyors and Valuers.

Mr. Chua Khoon Hui

Chief Executive Officer and Executive Director

Board Committees served

Nil

Date of first appointment as Director

7 February 2019

Date of last re-election as Director

26 June 2020

Length of service as a director (as at 31 December 2022)

3 years 10 months

Present directorships in other listed companies (as at 31 December 2022)

Nil

Past directorships in other listed companies (within the last 5 years from 31 December 2022)

Nil

Other principal commitments

Nil

Mr. Chua is in charge of the day-to-day management and smooth operations of the Group. He oversees the business development activities, sales, marketing, and procurement functions of the Group. He is also responsible for formulating corporate strategies for the Group, together with the Board of Directors.

Mr. Chua joined KPMG LLP as an audit assistant in 1999 and left as an audit senior in 2001. Between 2002 to 2005, Mr. Chua ran a café called Joyce Restaurant & Pub together with his wife, Ng Pei Wah, who is currently the Director, Operations of the Group. In November 2005, he founded The Whisky Store and expanded it into the food and beverages business today.

Mr. Chua holds a Bachelor of Accountancy degree from Nanyang Technological University.

Mr. Teo Kok Woon

Non-Executive Non-Independent Director

Board Committees served

Member of AC, NC and RC

Date of first appointment as Director

11 August 2006

Date of last re-election as Director

29 April 2022

Length of service as a director (as at 31 December 2022)

16 years 4 months

Present directorships in other listed companies (as at 31 December 2022)

Nil

Past directorships in other listed companies (within the last 5 years from 31 December 2022)

Nil

Other principal commitments

Chairman of Cockpit International Pte. Ltd. Group Executive Director of Goodearth Realty Private Limited

Mr. Teo has approximately 28 years of experience as a hotelier, and is currently the Chairman of Cockpit International Pte Ltd and the Group Executive Director of Goodearth Realty Private Limited, which is his family business in hotel and property investment. He is responsible for charting the strategic direction of these companies, in addition to overseeing their investment decisions, including looking for organic and inorganic growth opportunities. He is also responsible for providing operational guidance to the managers of the real estate investments, hotels and developments owned by these companies.

Mr. Teo holds a Bachelor of Business (Business Administration) degree from the Royal Melbourne Institute of Technology University.