Untitled - Swissco Holdings Limited

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BOARD OF DIRECTORS Mr Phillip Chan Yee Foo Independent Director Mr Rohan Kamis Independent Director Dr Chiang Hai Ding Independent Director Mr Alex Yeo Kian Teong Chief Executive Officer Mr Yeo Chong Lin Chairman Mr Yeo Chong Lin Our Executive Chairman spearheads the Group’s long-term growth and development and oversees its management. He is responsible for the Group’s overall business strategy and expansion. He was appointed to the Company’s Board upon its incorporation on 29 January 2004. Mr Yeo founded Swissco Offshore in 1975. Since he took over the helm of the predecessor of Swissco Offshore, Sea Well Industrial and Supply Company in 1972, he has been driving the overall management, strategic planning and direction of the Group. Prior to 1972, Mr Yeo has worked with the then Singapore Harbour Front (predecessor of the Port of Singapore Authority) for 19 years. With his 34 years of experience in the marine logistics industry, Mr Yeo’s role is pivotal in steering the growth of our Group. He has led our Group in seizing opportunities in the marine logistics industry by serving the needs of shipping lines in this region. He has been instrumental in building up a good track record and reputation for our Group. Under his leadership, our Group succeeded in its service strategy to provide comprehensive solutions to our customers’ marine support and logistics needs at competitive terms; complete with prompt, reliable and efficient service anytime. The services available to the Group’s customers include ship repair and maintenance. 8
Mr Alex Yeo Kian Teong Our Chief Executive Officer was appointed as a Director on the Company’s incorporation on 29 January 2004. Mr Alex Yeo oversees the day-to-day management and operations of our Group. He assists the Executive Chairman in developing and implementing business strategies. Besides being responsible for the sales and marketing for key accounts, Mr Alex Yeo overseas the financial, corporate and administration matters of our Group. He also leads in the effective management of our Group’s regional operations and expansion. Mr Alex Yeo joined Swissco Offshore in 1992 after graduating from the University of San Francisco with a Bachelor of Science in Business Administration. He began his career as an Operations Executive and assumed the role of Operations Manager in 1994, and oversaw the business marketing of our Group. In 1996, he co-founded Swisko Berjaya to establish our presence in Indonesia. With more than 12 years of experience with the Group, Mr Alex Yeo has been responsible for identifying and teaming up with reliable and competent partners in our overseas expansion. He is the son to our Executive Chairman. Mr Phillip Chan Yee Foo An Independent Director of the Company and the Chairman of our Remuneration Committee, Mr Phillip Chan was appointed as a Director on 7 June 2004. Mr Phillip Chan worked for Neptune Orient Lines (NOL) for over 25 years from January 1974 to June 1999. His last executive appointment at NOL was Divisional Head of the Administration Division from January 1988 to June 1999. He was appointed Consultant, NOL from January 2000 to December 2000, and from February 2001 to July 2001. Presently, he is a director of Essen Pte Ltd. Mr Phillip Chan graduated from the University of London with a degree of Bachelor of Law (Honours). He holds a Diploma in Management Studies with Distinction from the University of Chicago Graduate School of Business, in association with the National Productivity Board, Singapore (now known as SPRING Singapore). He has also completed the Programme in Management Development at the Harvard University Graduate School of Business Administration in Boston, USA. Dr Chiang Hai Ding An Independent Director of the Company and Chairman of our Nominating Committee, Dr Chiang was appointed as a Director on 7 June 2004. He was an Economic Adviser to the CEO of Neptune Orient Lines Ltd from 1995 and later an Advisor (part-time) to Chairman & CEO till 2002. Since 2001, he has been the Director (part-time) of SAGE Counselling Centre (SAGE is Singapore Action Group of Elders) which is a voluntary welfare organisation for the elderly. Dr Chiang was a university lecturer (1963 – 1971), an elected Member of Parliament (1970 – 1984), a banker (1973 – 1978), and a Singapore Ambassador to Malaysia (1971 – 1973) and to among others, Germany, European Union, USSR and Egypt (spanning 1978 – 1994). Dr Chiang holds a BA from Singapore and Ph.D. from the Australia National University, Canberra (1963). He holds a graduate diploma in Gerontology from Simon Fraser University, Vancouver, BC Canada (2001). Mr Rohan Kamis An Independent Director of the Company and Chairman of our Audit Committee, Mr Rohan Kamis was appointed as a Director on 7 June 2004. He is a Certified Public Accountant and the Managing Partner of Rohan. Mah & Partners. He is also the Founding Chairman of ASNAF Public Accounting Corporation. Mr Rohan Kamis graduated in 1975 from the University of Singapore in Accountancy. He was the PAP Member of Parliament (”MP”) for Telok Blangah Constituency (1979 – 1984). Whilst as an MP, he was a member of the Parliamentary Public Accounts Committee that was responsible for the statutory and value-for-money audits for all Government Ministries, Statutory Boards and Government Companies. He is also a member of several professional institutions including the British Computer Society. Mr Rohan Kamis held many important portfolios in several quasi-government, commercial and professional organisations. He was on the board and audit committee of several public companies. Besides, he is on the Inquiry and Disciplinary panels of the Singapore Medical Council and the Accounting and Corporate Regulatory Authority as well as on the Singapore General Hospital MediFund Committee. 9
Page 2 and 3: CORPORATE MILESTONES 1970 Sea Well
Page 4 and 5: CHAIRMAN’S STATEMENT Dear Fellow
Page 6 and 7: CORPORATE PROFILE Our Customers •
Page 8 and 9: OUR HISTORY It started back in 1970
Page 12 and 13: KEY MANAGEMENT Mr E K Lim Mr Koh Ba
Page 14 and 15: CORPORATE STRUCTURE Swissco Interna
Page 16 and 17: OUR VESSELS Swissco Star Swissco 48
Page 18 and 19: Corporate Governance Report 17 Dire
Page 20 and 21: Corporate Governance Report Remuner
Page 22 and 23: DIRECTORS’ REPORT The directors p
Page 24 and 25: DIRECTORS’ REPORT Share Options (
Page 26 and 27: DIRECTORS’ REPORT Audit Committee
Page 28 and 29: AUDITORS’ REPORT To The Members o
Page 30 and 31: BALANCE SHEETS As at 31 December 20
Page 32 and 33: CONSOLIDATED CASH FLOW STATEMENT Fo
Page 34 and 35: NOTES TO THE FINANCIAL STATEMENTS F
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NOTES TO THE FINANCIAL STATEMENTS F
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STATISTICS OF SHAREHOLDINGS As at 2
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NOTICE OF SECOND ANNUAL GENERAL MEE
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NOTES 1. A member entitled to atten
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Untitled - Swissco Holdings Limited

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