Mr. Wang Weiyao
Executive Chairman
Mr. Wang Weiyao was appointed as a director of the Company on 28 July 2004 and was last re-elected on 29 April 2022. Mr. Wang relinquished his position as the Non-Executive Chairman on 26 April 2013 and remained as a Non-Executive and Non-Independent Director of the Company. He was re-designated from Non-Executive and Non-Independent Director of the Company to Executive Chairman of the Company on 4 January 2024.
Mr. Wang is currently the Chairman of Jiangsu World Machinery and Electronics Group Co., Ltd ("JWMEG"), Jiangsu World Agricultural Machinery Co., Ltd. (“JWAM”) and Jiangsu World Precise Machinery Co., Ltd ("JWPM"). During 1986 to 2000, Mr. Wang founded and served as the Chairman for Danyang Weaving Machine Accessories Factory, Danyang Fuhao Crankshaft Factory and Danyang Filter Equipment Factory. In each of the above-mentioned companies which he had served or is serving as the Chairman, he is responsible for determining the overall strategic development direction, examining and approving the development plans of each functional department and assessing and implementing the important matters and major policies of the respective companies.
Mr. Wang is a notable member of his community as evidenced by the awards which he has received, namely Danyang Top Ten Outstanding Youths, Jiangsu Top Ten Outstanding Youth Village and Town Entrepreneur as well as Zhenjiang Village and Town Entrepreneur in 2000, the 4th China Entrepreneur in 2001, Jiangsu Outstanding Youth Entrepreneur in 2004 and Zhenjiang Citizen Award in 2011. Mr. Wang participated in the CEO Programme conducted by the China Europe International Business School ("CEIBS") from September 2003 to February 2004 and obtained an Executive Masters of Business Administration from CEIBS in February 2004.
Mr. Shao Jianjun
Non-Executive and Non-Independent Director
Mr. Shao Jianjun was appointed as a director of the Company on 28 July 2004 and was last re-elected on 28 April 2023. Mr. Shao was appointed as the Executive Chairman of the Company on 26 April 2013 and re-designated from Executive Chairman of the Company to Non-Executive and Non-Independent Director of the Company on 4 January 2024.
Mr. Shao is currently Executive Chairman of World Precise Machinery (China) Co., Ltd. (“WPM (China)”). Prior to that, he was the Chief Executive Officer ("CEO") of WPM (China) and is in charge of the overall operations of WPM (China).
Mr. Shao joined Jiangsu Danyang Stamping Machine Factory ("DSMF") as a production line worker in April 1974. He had an illustrious career in DSMF and was promoted to the position of Technical Section Leader in 1979 and further promoted to the position of Deputy General Manager in 1984. He was subsequently transferred to JWPM when JWPM acquired the assets and business of DSMF relating to the manufacturing of stamping machines. On 18 June 1999, he was appointed as the General Manager of JWPM and continued to hold this position until he was transferred to WPM (China) in June 2004. He was subsequently appointed the CEO of WPM (China).
Mr. Shao studied at Danyang Picheng Secondary School (High School) from 1971 to 1973 and was certified as a Senior Machinery Engineer by the Science and Technology Committee in 1995. Mr. Shao participated in the Senior Executive Programme conducted by the CEIBS from September 2006 to February 2007 and obtained an Executive Masters of Business Administration from CEIBS in February 2007.
Ms. Yap Ming Choo
Lead Independent Director
Ms. Yap Ming Choo was appointed as Lead Independent Director of the Company on 2 February 2024.
Mr. Phang is currently the Director of Bartley Christian Church Limited, a God-loved missional community that worships passionately, evangelises faithfully, disciples intentionally and serves selflessly.
Ms. Yap has more than 40 years’ experience in finance and was CFO of TA Corporation Ltd from 2011 to 2022 prior to her retirement. Through the course of her career, Ms. Yap had been Head of Finance for Banyan Tree Capital, Amara Holdings Ltd and BBR Holdings Ltd.
Ms. Yap is currently an Independent Director of Datapulse Technology Limited, a company listed on the Main Board of the Singapore Exchange Securities Trading Limited (”SGX-ST”).
Ms. Yap holds a Master degree in Business Administration from the University of Leicester, United Kingdom. She is also a Fellow member of the Association of Chartered Certified Accountants, United Kingdom. Ms. Yap is an accredited director with Singapore Institute of Directors.
Mr. Lim Yoke Hean
Independent Director
Mr. Lim Yoke Hean was appointed as Independent Director of the Company on 2 July 2010 and was last re-elected on 30 April 2021.
Prior to this, Mr. Lim has a 30 year-career in the financial sector which began as an Economist with the Monetary Authority of Singapore. He then became a Corporate Banker with DBS Bank before moving to the investment banking arena as a Senior Investment Manager with DBS Asset Management. Subsequently he spent 13 years with Merrill Lynch and left the global investment bank as one of its Managing Directors in the Global Markets and Investment Banking Division. For 6 years to 2010, he was a Dealing Director with OCBC Securities, responsible for corporate client businesses and capital market transactions. He then took up the position of executive director and chief executive officer of Pheim Asset Management (Asia) Pte Ltd. for one year till June 2013 and the advisor and director of Aljo Consults (Singapore) Pte Ltd for 9 years till March 2019.
Mr. Lim graduated from Singapore University in 1979 with a 1st class honours in Bachelor of Science (Mathematics).
Mr. Ngo Yit Sung
Independent Director
Mr. Ngo Yit Sung was appointed as Independent Director of the Company on 2 February 2024.
Mr. Ngo has over 15 years of extensive experience in corporate strategy, capital raising, business development, and investor relations. Prior to his appointment, he was the Executive Director of TOTM Technologies Limited, where he successfully led the implementation of key corporate strategies, including mergers and acquisitions, investments, and equity fundraising. Prior to that, he served as a Director at Sino-Lion Communications Pte Ltd. In this capacity, he provided strategic consultancy to listed companies across the Asia Pacific region, spanning diverse industries such as technology, real estate, REITs, healthcare, consumer goods, industrials, and construction.
Mr. Ngo is currently an Executive Director of Eneco Energy Limited, a company listed on the Main Board of the SGX-ST.
Mr. Ngo graduated with a Bachelor of Engineering (First Class Honours) in Electrical (Mechatronics) from Universiti Teknologi Malaysia, and a Ph.D. degree in Electrical and Computer Engineering from the National University of Singapore (NUS).
