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Beyond providing strategic business links between China and the Pacific Northwest of the United States, APIC has acquired businesses in Hong Kong, Singapore and other parts of South East Asia. APIC utilizes its unique access to Asian capital and market to create a portfolio of quality investments while bringing business and investment opportunities to people and communities. Leveraging on the business acumen of Mr Tang, APIC transforms business models to keep up with changes in the operating environment, while delivering healthy growth and return on investment for investors. In 2003, Mr. Tang invested S$100 million to set up Haiyi in Singapore. Mr. Tang is the Chairman of the company and in charge of the daily operation and decision-making. Its main business includes international trade, financial investment and investment holding. Mdm Chen has been the Director of American Pacific International Capital, Inc. since 2001. She has also been the Executive Director of Tang Dynasty Pte Ltd, Singapore, since 1995. Mdm Chen was the General Manager of Centaur International LLC, US from 2001 to 2003. From 1990 to 1994, she was the Assistant Judicial Officer of Shantou Longhu District Court, China. Mdm Chen was the General Manager of Centaur International LLC, US from 2001 to 2003. From 1990 to 1994, she was the Assistant Judicial Officer of Shantou Longhu District Court, China. In addition to the extensive management experience, Mdm Chen is a keen supporter of youth education. Mdm Chen has been a member of School Advisory Committee, West Spring Secondary School since 2003. She is a donor in support of the schools activities. Following the above changes, the composition of the Board is as follows: Board of Directors Mr Yeo Wee Kiong Mr Gordon Tang Mdm Chen Huaidan Mr Chan Heng Fai Mr Chan Tong Wan (Tony) Mr Chan Tung Moe Mr Wong Tat Keung Mr Tan Tai Soon (Non-Executive Chairman) (Non-Independent Non-Executive Director) (Non-Independent Non-Executive Director) (Managing Director) (Executive Director) (Executive Director) (Independent Non-Executive Director) (Independent Non-Executive Director)
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News Release Mr Gordon Tang and Madam Chen Huaidan Appointed to Board of SingXpress Land
About SingXpress Land Ltd. SGX-Catalist listed, SingXpress Land Ltd. specialises in property development, real estate investment, real estate co-investing, property trading and real estate management services. It is backed by a management team and a board of directors with strong financial expertise and experience in property development and management. SingXpress Land differentiates itself from its competitors with its strategy to focus on design and has adopted an "investment banking" approach towards property development. A vision of its Managing Director, Mr Chan Heng Fai, SingXpress Land's investment banking approach is essentially a syndication approach whereby the Group leads in seeking out development sites or other related opportunities, sets the commercial parameters (including the level of debt and equity) and then brings in co-investors and joint venture partners, playing as far as possible a lead or co-lead role for the duration of such projects. Making its foray into Singapores property market in 2010, SingXpress Land made two acquisitions of en bloc property sites Foh Pin Mansion at Charlton Road and Waldorf Mansion at Balestier Road. It has launched a HDB DBSS public housing project in Pasir Ris and is part of a consortium which successfully launched an Executive Condominium public housing project in Tampines in December 2012. In March 2012, SingXpress sold out all 21 units of Charlton Residences (Previous Foh Pin Mansion) in less than four months after it was launched.
This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, SAC Capital Private Limited, for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the Exchange). The Company's Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr. Ong Hwee Li (Telephone: 65-6221 5590) at 1 Robinson Road, #21-02 AIA Tower, Singapore 048542.
News Release Mr Gordon Tang and Madam Chen Huaidan Appointed to Board of SingXpress Land