Sapphire Corporation Ltd


About Us

Board Of Directors & Key Executive

Ms Wang Heng - Executive Director and Chief Executive Officer

Ms Wang Heng was appointed to the Board with effect from 16 March 2016. She is a co-founder and executive director of Ranken Railway Construction Group Co., Ltd (“Ranken Railway”), as well as its current legal representative.

A qualified engineer and technician, Ms Wang started her career with CRB China (“CRB”), where she worked from 1991 to 1998. She left CRB and founded Ranken Railway in 1998.

As a co-founder of Ranken Railway, Ms Wang is experienced with project tendering and bidding for small and large-scale civil engineering contracts in China, and manages finances for Ranken’s overseas ventures and projects.

Ms Wang majored in Railway Engineering at Southwest Jiaotong University and holds an Executive MBA from Tsinghua University. She is also a member of the Tenth Chinese People’s Political Consultative Committee of Sichuan Chengdu Wuhou District.

Ms Wang was last elected as a Director of the Company on 27 April 2016.

Mr Cheung Wai Suen - Executive Director

Mr Cheung Wai Suen was appointed to the Board with effect from 16 March 2016. He brings with him more than 30 years of experience in China’s civil engineering and construction sector.

Mr Cheung has been an executive director of Ranken Railway Construction Group Co., Ltd (“Ranken Railway”) since 1998, during which he advised Ranken Railway on key operational matters, marketing strategies and overseas expansions. He currently assists with the formulation of Ranken Railway’s corporate and investment strategies.

Mr Cheung holds a Bachelor of Law from Renmin University of China and an Executive MBA from Peking University’s Guanghua School of Management.

Mr Cheung was last elected as a Director of the Company on 27 April 2016.

Mr Teh Wing Kwan - Non-Independent Non-Executive Director

Mr Teh Wing Kwan was appointed as Group Chief Executive Officer (CEO) with effect from 3 October 2013.

Mr Teh specialises in corporate finance, corporate restructuring and mergers and acquisitions. He is a highly experienced financial professional who has been advising and investing in companies, family-owned enterprises and regional asset owners with businesses listed in and preparing to list in Singapore, Australia, Malaysia, Vietnam and Taiwan. Under Mr Teh’s leadership, Sapphire has undergone a major corporate transformation. Mr Teh is a nominated candidate for the Asia Pacific Entrepreneurship Awards 2015 and 2016 (Singapore) under the Industrial and Commercial Products Industry.

Mr Teh, a sophisticated investor, is a director of Dominick & Dickerman Ltd in Hong Kong (Dominick & Dickerman LLC was founded in 1870 and is one of the oldest investment banks in the United States). He is also an appointed advisor to the Board of Koda Ltd (listed on the Mainboard of the Singapore Exchange). He served as a non-executive director of public companies listed on the Hong Kong Stock Exchange and Australian Securities Exchange.

Mr Teh is a Fellow of the Association of Chartered Certified Accountants (United Kingdom), a Fellow Chartered Accountant of the Institute of Singapore Chartered Accountant, an International Affiliate of the Hong Kong Institute of Certified Public Accountants, a Chartered Accountant of the Malaysian Institute of Accountants, a Full Member of Singapore Institute of Directors and a member of the Hong Kong Securities and Investment Institute.

Mr Teh was last re-elected as a Director of the Company on 23 April 2014.

Mr Duan Yang - Independent Non-Executive Director

Mr Duan Yang was appointed to the Board with effect from 24 March 2017.

Mr Duan has significant banking experience gained in Hong Kong, China and France, having served as the Head of Global Markets Division for China in Société Générale Hong Kong and Head of Fixed Income Sales for China in Standard Chartered Bank Hong Kong. He also previously held leadership roles at Bear Stearns and other international banks. He is currently a director of Beijing Nufront Ltd, a company specialising in wireless communications technology, and Fascinating HK Ltd.

Mr Duan holds an MBA from ESSEC Business School in France and a Bachelor in Mathematics from Wuhan University.

Mr Oh Eng Bin Kenneth - Independent Non-Executive Director

Mr Oh Eng Bin Kenneth was appointed to the Board with effect from 18 December 2017. He brings with him significant legal expertise, having practised since 1999. He is currently a senior partner in Dentons Rodyk, focusing on corporate practice as well as the firm’s China and India divisions.

Mr Oh specialises in corporate finance and mergers & acquisitions, with a focus on equity capital markets transactions involving IPOs and RTOs of companies listed in Singapore, China, Taiwan and Indonesia. He is also experienced in secondary capital market issues such as secondary listings, secondary post-listing fund-raising – including rights issues and placements – and post-listing advisory and compliance.

Mr Oh also advises on capital markets licensing and compliance, as well as a wide range of general corporate advisory work for public and private companies; with subject matter ranging from private equity investments, joint ventures and corporate restructuring to debt restructuring and franchising.

Mr Oh holds a Bachelor of Law degree (Honours) from the National University of Singapore and is admitted to the Singapore Bar.

Mr Zhai Guiwu - Independent Non-Executive Director

Mr Zhai Guiwu was appointed to the Board with effect from 18 December 2017. He has extensive industry experience in corporate and operational management. His specialisations include risk management, financial management and work safety production management.

Mr Zhai is the former vice president of China Shenhua Energy Company Limited (SH:601088). He was previously the chairman of Shenhua Shendong Coal Group Co., Ltd., and held numerous executive and senior management positions in various companies under China Shenhua Group.

Prior to joining China Shenhua Group in 1999, Mr. Zhai served in senior engineering and management posts at Dayan Mining Bureau. He has held deputy management posts in companies specialising in mechanical, electrical and mining works.

As a professor of engineering, Mr Zhai holds a bachelor's degree from Liaoning Technical University, a master's degree in business administration from Tsinghua University, and a doctorate from China University of Mining and Technology.

Mr Ng Hoi-Gee Kit - Group Chief Financial Officer (Non-Board member)

Mr Ng Hoi-Gee Kit was appointed as Chief Financial Officer (CFO) on 23 November 2015.

Mr Ng manages the Group’s finance and accounting functions. Prior to rejoining the Group in 2015, he was Group Financial Controller of TLV Holdings Limited (Taka Jewellery Pte Ltd), where he had worked since October 2014. Mr Ng had previously served as CFO of Neijiang Chuanwei Special Steel Corporation Ltd – a legacy subsidiary of Sapphire – from 2009 until 2011, when he became Group CFO. Mr Ng’s previous appointments include Senior Audit Manager at KPMG Singapore and Huazhen (Beijing).

Mr Ng graduated from the Association of Chartered Certified Accountants and is a member of the Institute of Singapore Chartered Accountants.