Teo Siong Seng

Mr. Teo Siong Seng, B. Sc. (Naval Architect), aged 66, was appointed on 20 April 1993, became the President and Chief Executive Officer of the Company on 1 February 1997, and was appointed as Chairman of the Company on 27 May 2013. Mr. Teo is a director of various subsidiaries of the Company and he is also the younger brother of Mr. Teo Tiou Seng, former director of the Company. Mr. Teo started his shipping career with Pacific International Lines (Private) Limited (“PIL”) Group in Singapore since 1979. PIL is the controlling shareholder of the Company as defined under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”). Mr. Teo was appointed as the managing director of PIL in October 1992 and appointed as executive chairman of PIL in April 2018. PIL activities include shipowning, liner shipping, ship agencies, freight forwarding, container manufacturing, marine services, container depot/terminal operation, warehousing, logistics park, real estate, and travel. He is currently an independent non-executive director of COSCO SHIPPING Energy Transportation Co., Ltd., and COSCO SHIPPING Holdings Co., Ltd.; both companies are listed on the main board of the Stock Exchange and the Shanghai Stock Exchange. He is also currently a non-executive and non-independent director of Keppel Corporation Limited and an independent non-executive director of Wilmar International Limited, both companies are listed on the main board of Singapore Exchange. He is the Immediate Past Chairman of Singapore Business Federation, Honorary President of Singapore Chinese Chamber of Commerce & Industry, a director of Enterprise Singapore and Business China. Mr. Teo is the Honorary Consul of The United Republic of Tanzania in Singapore.