Sin Heng Heavy Machinery Limited

Mr Tan Ah Lye, the founder of the Company, is one of the pioneers in the heavy lifting industry in Singapore. He started as a sole proprietor in 1969 and has more than 40 years of experience in cranes, aerial lifts and construction-related equipment. Mr Tan was responsible for all strategic planning, development and expansion plan for the Company until 2008 when Mr Tan decided to take a backseat. Mr Tan is very familiar with the business and operational aspect of the Company and is also very well-verse with the technicality of the equipment. With his many years of valuable experience and knowledge in the lifting industry, Mr Tan has also built up vast network across many industries and close relationships with our major suppliers.

Mr Tan Cheng Soon Don, joined Sin Heng in 1989 and became Managing Director in August 2008. Mr Tan is responsible for our overall strategy, management and operations. Concurrently, as the head of our crane rental business, Mr Tan is in charge of identifying and developing new customers and maintaining relationships with our existing customers. Mr Tan has more than 20 years of experience in the business of rental and trading of cranes and other equipment. He is in charge of the management and operation of Vietnam and Myanmar since 2009 and 2012 respectively. Under his leadership, our Group has grown into a leading lifting service provider in Singapore.

Mr Tan Cheng Guan joined us in 1993 and worked his way up to his current position as an Executive Director of our Company. Mr Tan is the head of our crane trading business, and has been instrumental in growing the scope and revenue of this business segment. He is responsible for developing new procurement channels, promoting sales, identifying new business opportunities and customers and managing relationships with existing customers. Mr Tan has 19 years of experience in the business of rental and trading of cranes and other equipment. He is in charge of the management and operation of Malaysia since 2009. Mr Tan is also in charge of our maintenance service team. He graduated from Singapore Polytechnic in 1990 with a Diploma in Mechanical Engineering.

Mr Tan Cheng Kwong joined us in 1995 and worked his way up to his current position as an Executive Director of our Company.He has been in charge of the management and operation of Sin Heng Aerial Lifts since 1999. Mr Tan has 17 years of experience in the business of rental and trading of equipment. Under his management, our aerial lift business has grown significantly and we are now one of the leading aerial lift companies in Singapore.

Mr Hiroshi Takahashi was appointed as an Executive Director of Sin Heng in May 2012. He joined Toyota Tsusho Corporation in 2007 and was nominated as a representative director of Vestech Japan, a Toyota Tsusho unit handling wind turbines. He is fluent in Japanese, English and Russian, and has extensive experience in corporate planning, finance and legal issues. Mr Takahashi began his career as an employee of Nichimen Corporation (currently Sojitz Corporation) in 1979. In 1984, he joined the National Project of South Yakutian Coal Exploration in USSR, which imports coal from Yakutia (the Sakha Republic) to Japan. For three years, he worked as a permanent representative of the Moscow Office in charge of raw materials and metal products. After his return from Moscow, he joined Arysta LifeScience Corp. as a General Manager of Corporate Planning and General Affairs.

Mr Hideki Okada was appointed as an Executive Director of Sin Heng in May 2012. He joined the Toyota Tsusho Group in 1997. He was in charge of the sales of construction equipment and commercial trucks under ODA Projects for Asia & Middle-East Countries which include Afghanistan, Bhutan, Indonesia, Cambodia, China, Laos, Nepal, Thailand, Vietnam, and Iraq. Through his experience with Japanese trading firms, he has a strong network with many manufacturers not only in Japan but also in America and Europe.

Mr Kuniyoshi Furukawa was appointed as a Non-Executive Director of Sin Heng in May 2012. He is a member of Audit Committee, Nominating Committee and Remuneration Committee. Currently, he is the General Manager of Construction Machinery & Project Department in Toyota Tsusho Corporation. He joined Toyota Tsusho Corporation in 1985 and has more than 25 years of experience in the construction machinery business. He also has extensive experience in the Chinese construction machinery business, having stayed in Beijing for more than 10 years to expand the business of Toyota Tsusho in China. His department exports Japanese equipment all over the world, as well as managing affiliates, manufacturing, selling and providing financing solutions for construction machinery.

Mr Yasuhiro Kakihara was appointed as a Non-Executive Director of Sin Heng in October 2012. Currently, he is the Executive Vice President in Toyota Tsusho Asia Pacific Pte. Ltd. He joined Toyota Tsusho Corporation in 1985. He was President of Toyota Tsusho (Singapore) Pte Ltd (2010 to Jun 2012), Executive Managing Director of Toyota Tsusho Electronics Corporation (2007 to 2010) and Director of Toyota Tsusho Electronics Thailand Co., Ltd. (2005 to 2007). Mr Y. Kakihara graduated with Bachelor of Arts in Faculty of Law and Letters from Ehime University in 1985.

Mr Yeo Yun Seng, Bernard has been our Independent Director since December 2009. He is the Chairman of the Audit Committee and a member of the Remuneration Committee. Mr Yeo runs a consultancy practice advising small and medium enterprises.

He has been in this business since 1997 and specializes in strategic advisory work, turning unprofitable businesses around, growing business units, grooming key executives including chief executive officers in preparation for listing, and overseas business expansion. Mr. Yeo is also an independent director of RH Petrogas Limited since 2001, a director of Singapore Human Resources Corp Pte Ltd and Singapore Human Resources Academy Pte Ltd.

Mr Yeo started his career in 1973 in audit with Turquands Ernst and Whinney. He was financial controller for France Scott Pte Ltd (a Sime Darby Group Company in Singapore) during 1977-1980, finance and personnel manager for Nemic-Lambda (S) Pte Ltd (a Japanese company) during 1980-1983, and finance and administration manager for Airpax Components Far East Pte Ltd (a US company) during 1983-1986. He joined Compaq Asia in 1986 and was its chief financial officer for Asia Pacific when he left in 1996.

Mr Tan Keh Yan, Peter has been our Independent Director since December 2009. He is the Chairman of the Nominating Committee and a member of the Audit Committee. He joined DBS Bank in 1972 and became managing director of Enterprise Banking. In early 2004, he joined Redwood Capital Pte Ltd, a wealth management and financial advisory firm and was its managing director until 2005 when he left.

Currently, he is also independent director to two other SGX-listed companies, namely Asia Enterprises Holding Ltd and Maxi-Cash Financial Services Corporation Ltd. Mr Tan graduated with a Bachelor of Science (Honors) from the University of Singapore in 1972 and a Master of Business Administration from the University of California, Los Angeles in 1985.

Mr Renny Yeo Ah Kiang has been our Independent Director since December 2009. He is the Chairman of the Remuneration Committee and a member of the Nominating Committee. He is also an independent non-executive director of Catalist-listed Oakwell Engineering Limited.

Mr Yeo holds a Higher National Diploma (HND) in Electrical and Electronic Engineering from Southampton College of Technology UK and a Master in Management from Asia Institute of Management, Philippines. He has nearly 40 years of working experience in the field of shipbuilding/ship repairing, electrical engineering and cable industries. He was previously the Executive Chairman of Draka Cableteq Asia Pacific Holding Pte Ltd, a subsidiary of Draka Holding N.V. in the Netherlands and Executive Chairman/Executive Director of various subsidiary companies located in Singapore, Australia, China, Malaysia, Thailand, Hong Kong and India. He is a full member of the Singapore Institute of Directors.

He was a former Board member of Building and Construction Authority (March 05 - March 07), Board member of the Productivity & Standards Board, Director of PSB Corporation Pte Ltd (until 24 March 06), and Chairman of Electrical & Electronic Product Standards Committee-Spring (1995 to March 11).

Mr Yeo also sits on several government committees, including as a Member of the Standard Council (Spring) and the Chairman of The Singapore National Committee of The International Electrotechnical Commission [SNC(IEC)]. Mr Yeo is also currently the Honorary President of Singapore Manufacturers' Federation. He was the President of SMa, the Chairman of GS1 Singapore and EPC Global Singapore, the Director of EDC@ SMa and Director of SMa Services Pte Ltd from 1 July 08 to 30 June 10.

He is the Chairman of the Singapore Accreditation Council and Board member of the Singapore Green Building Council (SGBC). He is also the President of Dunearn Tech- Greenridge Alumni Association and School Advisory Committee Member of Greenridge Secondary School. He was conferred the Pingkat Bakti Masyarakat (Public Service Medal) by The President of the Republic of Singapore in 2000 and awarded the SPRING Singapore distinguished Partner Award in 2011.

Mr Soh Sai Kiang joined us as our Independent Director with effect from 1 August 2012. He is a member of Audit Committee, Nominating Committee and Remuneration Committee. Mr. Soh has been Head of Business Development and the Director of Capital Markets (Singapore) at UOB Kay Hian Pte Ltd since 2001, handling capital fund raising and debt financing. From 1999 to 2001, he was the Head of Internet Trading in Lum Chang Securities Pte. Ltd. (subsequently known as DBS Vickers Securities Pte. Ltd.), where he was responsible for managing the Internet trading business.

He is also co-founder and Non-Executive Chairman of Catalist-listed Artivision Technologies Ltd, and was appointed as its Director on 7 June 2007. Mr. Soh graduated with a Bachelor of Arts (Merit) degree in Economics and Political Science from the National University of Singapore in 1993.