Having founded the business as a sole proprietorship in 1974, Mr Teo has more than 40 years of experience in the LPG market in Singapore and has gained an intimate knowledge and understanding of the business. He is responsible for formulating our Group’s strategic focus and direction.
Mr Teo is also the Chairman and CEO of Trans-cab which is principally engaged in the operation of taxi services in Singapore. Mr Teo serves as a committee member of Ngee Ann Kongsi, president of Chui Huay Lim (a Teochew clan association) and was awarded the Public Service Medal (Pingat Bakti Masyarakat) in 2011
Mr Teo has more than 16 years of experience in the manufacture of gas, distribution of gaseous fuels through mains, and the general wholesale trade in Singapore. He joined our Group as Director of Sales (Commercial and Industrial) in November 2018 responsible for overseeing the marketing strategies of our commercial and industrial segments.
Mr Teo was an executive director of Union Energy Corporation Pte. Ltd. (“UEC” and together with its subsidiaries, the “UEC Group”) between 2003 and 2018. He remains a non-executive director in UEC Group. In 2006, he was instrumental in Union Energy becoming the first LPG company to supply LPG to hawker centres. Mr Teo was awarded the Public Service Medal (Pingat Bakti Masyarakat) in 2015 for his contributions to the community.
Mr Loo was appointed as our Lead Independent Director on 20 June 2017. He brings with him more than 20 years of extensive banking and corporate experience. Mr Loo has been the CFO of Parkway Trust Management Limited, Manager of Parkway Life REIT for the past 8 years since January 2009. He was previously the Senior Vice President, Corporate Advisory of Global Financial Markets with DBS Bank. He had provided advisory services on corporate treasury management to large corporations in the areas of corporate finance and merger & acquisition. He has extensive experience in financial structuring of interest rate and foreign exchange risk management solutions for these clients.
Mr Lim was appointed as our Independent Director on 20 June 2017. He was the founder and CEO of RichLand Group Limited where his primary responsibility was to formulate business strategies to chart the future growth of the group. Mr Lim started the business of providing cargo transportation services, container haulage and project cargo movement in 1992 under a sole proprietorship known as RichLand Cargo Trucking & Labour Service Agency and spearheaded the group’s expansion into related businesses such as airport cargo terminal handling in 1994 and warehousing, storage and micro distribution in 1996. He was a member of the Community Centre Management Committee (Pioneer constituency, West Coast Group Representation Constituency (GRC) from 1 March 2002 until 29 February 2004. He is currently the Vice Chairman of the Citizen Consultative Committee of Pioneer constituency, West Coast GRC and the Vice Chairman of the Citizen Consultative Committee of Hougang Single Member Constituency (SMC).
Mr Heng was appointed as our Independent Director on 20 June 2017. He previously served as the executive director and CEO of VICOM Ltd for 17 years before retiring on 30 April 2012. He is an Honorary Vice-President of the Belgium-based Bureau Permanent of the International Vehicle Inspection Committee, and Member of the School Advisory Committee of National Junior College. He has served as Chairman of the Institute of Technical Education’s Automotive Training Advisory Committee from May 1999 to April 2002. For his contribution to education, he was conferred the Public Service Medal (Pingat Bakti Masyarakat) in 2001 and the Public Service Star Award in 2013.