Edition:
United Kingdom

Sheng Ye Capital Ltd (8469.HK)

8469.HK on Hong Kong Stock

7.30HKD
17 Jun 2019
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Summary

Name Age Since Current Position

Chi Fung Tung

30 2017 Executive Chairman of the Board

Wai Hung Lo

58 2016 Chief Financial Officer, Company Secretary

Jen-Tse Chen

47 2017 Deputy General Manager, Executive Director

Zhigang He

41 2015 Financial Controller

Ting Fan Li

43 2015 Human Resources Director

Chaowu Feng

34 2016 Risk Management Director

Heng Boo Fong

68 2018 Non-Executive Independent Director

Ka Hai Hung

2017 Non-Executive Independent Director

Yau Soon Loo

44 2017 Non-Executive Independent Director

Wai Mun Twoon

29 2017 Non-Executive Independent Director

Biographies

Name Description

Chi Fung Tung

Mr. Tung Chi Fung is Executive Chairman of the Board of the company. He was appointed as our Director on 29 December 2016 and was redesignated as an executive Director and appointed as the chairman of our Board on 4 March 2017. His appointment as the chairman of the Nomination Committee and a member of the Remuneration Committee will take effect on the Listing Date. He obtained his bachelor degree in business administration with merit from the Singapore Management University in May 2013. Mr. Tung is the founder of our Group and the director of all the subsidiaries of our Group. He is also our Group’s compliance officer and authorised representative. Further, Mr. Tung is one of the three members of the risk management committee of SYF and is responsible for reviewing and approving certain high risk factoring transactions. Mr. Tung is responsible for overall strategic planning, business development and operational management of our Group. Mr. Tung served the national army of Singapore from December 2006 to August 2009. Mr. Tung has over 6 years of experience in management and business administrations. Prior to founding SYF, Mr. Tung co-founded and worked in Thatgreenman LLP, a green social enterprise in Singapore, from May 2010 to May 2012 where he was responsible for the overall management and organisation of conferences. Mr. Tung also founded Colors Diner LLP and worked as the partner of the company from June 2010 to July 2012 where his duties included procurement of business opportunities. From July 2011 to August 2011 Mr. Tung was employed as assistant trading manager in Winson Oil Trading PTE LTD, a Singaporean company owned by his family, in which he was involved in securing oil supply contracts and the development of new markets.

Wai Hung Lo

Mr. Lo Wai Hung is Chief Financial Officer, Company Secretary of the company. Mr. Lo is one of the three members of the risk management committee of SYF responsible for reviewing and approving certain high risk factoring transactions. Mr. Lo joined our Group since January 2016. He obtained a bachelor of commerce degree from James Cook University of North Queensland in Australia in 1984. He became an associate member of Institute of Chartered Accountants in Australia in April 1991 and went on to become a member and a fellow member of Hong Kong Institute of Certified Public Accountants in February 1992 and November 1999, respectively. Mr. Lo had been working in various international accounting firms from 1985 to 1995. After that, Mr. Lo worked as the financial controller of a private company, a plastic manufacturer with factory in Shenzhen and operations covering Hong Kong and the PRC from August 1995 to December 1997. From September 1998 to June 2002, he worked as a director of China Resources Development & Investment Co., Limited, an investment company under China Resources Group responsible for managing the private investments portfolio. Thereafter, from August 2003 to November 2005, he worked as the chief financial controller of an apparel trading and distribution group and the group financial controller and consultant of a property development group from November 2006 to December 2011. From January 2012 to December 2015, he worked as the financial controller of Winson Oil Group, a gasoil trading and bunkering company, a company owned by Mr. Tung’s family.

Jen-Tse Chen

Mr. Chen Jen-Tse is Deputy General Manager, Executive Director of the company. Mr. Chen is one of the three members of the risk management committee of SYF and is responsible for reviewing and approving certain high risk factoring transactions. He obtained his Bachelor of Management degree majoring in Industrial Management in June 1993 and went on to obtain his Master of Management degree majoring in Industrial Management in June 1995, both from National Cheng Kung University, Taiwan. Mr. Chen has over 18 years of experience in the factoring industry. Prior to joining our Group, Mr. Chen worked in various positions in financial institutions. From January 1998 to May 2007, he served in the accounts receivable operations department in Chailease Finance Co., Ltd. (previously known as CITC Company. From May 2007 to June 2008, he worked as an assistant vice president (receivable finance) of the commercial banking department in Hongkong and Shanghai Banking Corporation Limited Taipei branch. From June 2008 to June 2014, he worked as a manager of trade finance department (SBU) in China Minsheng Banking Group.

Zhigang He

Mr. He Zhigang is Financial Controller of the Company. He is responsible for overseeing our Group’s overall financial accounting and reporting as well as corporate finance matters. He obtained a graduation certificate in finance accountancy in Jinling Institute of Technology (previously known as Nanjing Agricultural College) in July 1996. He later went on to obtain a master of business administration degree in Wuhan University in June 2014. He obtained the certificate of accounting profession issued by Department of Finance of Jiangsu Province in October 1996 and became an associate member of Certified Public Accountants Australia in December 2016.

Ting Fan Li

Ms. Li Ting Fan is Human Resources Director of the company. She is responsible for overseeing our Group’s overall human resources policies. She obtained a graduation certificate, majoring in English language and literature in Xiangtan University in March 1995 and later completed postgraduate courses in applied psychology in Beijing University in December 2009. Ms. Li has over 15 years of experience in accounting and human resources. Prior to joining our Group, from August 1996 to December 1998, she was employed as an assistant economist in the Bank of China Changsha branch. From October 1999 to October 2000, Ms. Li worked as an assistant in Fu Jin Precision Industry (Shenzhen) Co., Ltd. From December 2003 to December 2004, Ms. Li was the secretary to the general manager in P&O Nedlloyd (China) Ltd. Shenzhen branch. In July 2005, she was promoted to act as the supervisor of the HR&D department of the company. For the period from September 2006 to end 2010, Ms. Li worked in various positions in Maersk Group in the PRC with her last position as an assistant general manager (organisational capacity) of Maersk Global Service Centre (Shenzhen) Ltd. From February 2011 to May 2011, she was the senior manager of human resources department in Walmart in the PRC. From September 2011 to May 2014, she was the head of human resources department in Shenzhen Home Credit Financial Services Co., Ltd..

Chaowu Feng

Mr. Feng Chaowu is Risk Management Director of the Company. He has been the director of risk control of SYF since June 2014. He is responsible for overseeing our Group’s risk management policies and evaluation of investments. He obtained a distance-learning diploma in computational finance from Beijing Institute of Technology, in July 2004, and went on to obtain a undergraduate certificate in International Economy and Trade in Peking University distance-learning in January 2008. Mr. Feng has over 6 years of experience in banking and finance. Prior to joining our Group, he was employed as a senior account manager of Bank of East Asia Shenzhen Nanshan branch from May 2007 to January 2010. From January 2010 to March 2012, he worked as a manager of CITIC Bank Shenzhen Henggang branch. From March 2012 to April 2013, he worked as a senior sales manager of Kuaiqian Payment and Settlement Service Company Limited Shenzhen branch.

Heng Boo Fong

Mr. Fong Heng Boo is Non-Executive Independent Director of the Company. He has over 40 years of experience in auditing, accounting and management. He obtained a bachelor of accountancy (Honours) in the University of Singapore in August 1973. Mr. Fong has been admitted as a fellow chartered accountant of Singapore in the Institute of Singapore Chartered Accountants since August 2004. Mr. Fong has been appointed as 1) an independent director of Colex Holdings Limited, a company listed on the Singapore Exchange (stock code: 567), since March 1999; 2) an independent director of CapitaLand Retail China Trust Management Limited, a company listed on the Singapore Exchange (stock code: AU8U), since January 2013; 3) an independent director of TA Corporation Ltd, a company listed on the Singapore Exchange (stock code: PA3), since December 2017; and 4) an independent director of Advance SCT Ltd, a company listed on the Singapore Exchange (stock code: 5FH), since July 2018. He has also been an independent director of Asian American Medical Group Limited, a company listed on the Australian Securities Exchange (stock code: AJJ), since August 2009. Mr. Fong was appointed as a non-executive director of China Foodzart International Private Limited (“China Foodzart”), a company incorporated in Singapore with limited liability, in March 2011 and resigned in August 2011. In November 2012, winding up applications were commenced against China Foodzart and it was wound up in September 2013. Mr. Fong confirmed that 1) the winding up had not resulted in any liability or obligation imposed against him; 2) there was no wrongful act on his part leading to the above winding up process; and 3) he was not aware of any actual or potential claim that had been or would be made against him as a result of the winding up.

Ka Hai Hung

Mr. Hung Ka Hai Clement is Non-Executive Independent Director of the company. His appointment as the chairman of the Audit Committee and a member of each of the Remuneration Committee and the Nomination Committee will take effect on the Listing Date. Mr. Hung obtained the bachelor of arts degree from the Huddersfield University, England in 1980. Mr. Hung had served Deloitte China for 31 years where he had assumed various leadership roles before he took up the chairman role of Deloitte China from 2014 to 2016. He retired from the chairman role of Deloitte China with effect from June 2016. When Mr. Hung was working with Deloitte China, he had assumed various leadership roles, including, the office managing partner of Deloitte Shenzhen Office and Guangzhou Office. He was also a member of the China Management Team of Deloitte China. Later on, Mr. Hung assumed the role of the southern audit leader and the deputy managing partner of the southern region (including the regions of Hong Kong, Macau, Shenzhen, Guangzhou and Xiamen). Since May 2017, he has been the director of Titan Global Financial Limited. Mr. Hung has become an honorary member of the Shenzhen Institute of Certified Public Accountants in 2004. He has served as the Guangzhou Institute of Chartered Accountants consultant from 2009. During the period between 2006 to 2012, he also served as a member of the Political Consultative Committee of Luohu District, Shenzhen. After his retirement from the chairman role of Deloitte, the Ministry of Finance of People’s Republic of China appointed him as an expert consultant. Mr. Hung has been appointed as an independent non-executive director of Sino Credit Holdings Limited (stock code: 0628) since 31 October 2016, SMI Holdings Group Limited (stock code: 198) since 16 January 2017 and LT Commercial Real Estate Limited (stock code: 112) since 24 February 2017 and re-designated as non-executive director thereof with effect from 3 March 2017.

Yau Soon Loo

Mr. Loo Yau Soon is Non-Executive Independent Director of the company. His appointment as the chairman of the Remuneration Committee and a member of the Audit Committee will take effect on the Listing Date. He obtained a bachelor of science in computer science with first class honours from University of British Columbia, Canada in May 1994. He later went on to obtain a Master in Business Administration from Harvard Business School, USA in June 1999. Mr. Loo has over 18 years of working experience in various industries and as an entrepreneur. From June 1999 to December 2001, he was the co-founder and senior vice president of Nextdoor Networks Inc. (previously known as eFrenzy Inc.) in U.S.A. From February 2002 to December 2004, he was the principal in management advisory and consulting in Soon Loo & Company in Brunei. From November 2007 to August 2014, he had been an independent director and chairman of the audit committee for Indiabulls Property Investment Trust, a company listed on Singapore Exchange in Singapore. Since February 2014, he has been a director of Seri Venture Capital Management Sdn Bhd in Brunei. Since March 2016, he has been the chief executive officer and managing director of Darussalam Enterprise in Brunei. Mr. Loo has extensive teaching experience and has taken advisory roles in various organisations. Since 2008, he has been adjunct faculty and visiting professors in entrepreneurship and new venture creation in universities across Singapore and Brunei. Since 2016, he has been a board member of Brunei Economic Development Board and a state representative of Brunei in APEC Business Advisory Council. Afterwards, since March 2017 he has been appointed as the chief executive officer of Brunei Economic Development Board.

Wai Mun Twoon

Mr. Twoon Wai Mun, Benjamin is Non-Executive Independent Director of the company. His appointment as a member of each of the Audit Committee and the Nomination Committee will take effect on the Listing Date. He obtained a bachelor in business management degree in Singapore Management University in June 2013. He also achieved distinctions in a programme of study Affiliate Management Studies in University College London, UK, in 2011. From July 2013 to September 2014, Mr. Twoon was employed as a management associate, with the rank of assistant manager in Citibank N.A. in Singapore, where he was responsible for assessment of the productivity metrics of branches in various countries and implementation of plans to improve productivity. From September 2014 to April 2015, Mr. Twoon worked as a business development executive in Pavilion Energy Management Pte Ltd., in Singapore, where he was responsible for evaluation of business opportunities in the oil and gas industry in various countries, formulating investment strategies and identifying potential business partners. Mr. Twoon is a co-founder of an Indonesian company called PT Armada Mulia Karya and a co-founder and chief operation officer of regional Fintech platform, Fundnel Pte Limited, since July 2015 and he is responsible for project management, development of business strategies and marketing plans and overseeing the finance of the company. Mr. Twoon is also a director of Anthill Capital Pte Ltd since May 2016, where he is responsible for evaluation of investments and syndication efforts across technology-related opportunities across Asia, overseeing the risk management, operation and finance control of the company. In May 2017, Mr. Twoon was appointed as a director of Y Ventures Group Pte Ltd (subsequently renamed as Y Ventures Group Ltd) and he is responsible for the development of business strategies and frameworks for corporate governance.