Straco Corporation Ltd
Mr Teo Ser Luck was appointed as an Independent Director in July 2019. He is currently the Independent Non-Executive Chairman of BRC Asia Limited, Independent Non-Executive Chairman of Serial Systems Limited, Lead Independent Director of China Aviation Oil (Singapore) Corporation Limited, MindChamps PreSchool Limited, and Independent Director of Yanlord Land Group Limited.
Mr Teo is an entrepreneur and investor with business ventures in various sectors, mainly technology related in the areas of e-commerce, finance, education, food, hardware, general commodities, sports and fitness, event management and consumer brand and franchise. He is the founding investor of a listed software company.
He is also adviser to the Institute of Chartered Accountants of Singapore (“ISCA”) and Singapore Fintech Association.
Mr Teo was a Member of the Parliament (“MP”) of Singapore representing the Pasir Ris-Punggol Group Representation Constituency from May 2006 to July 2020. In his 11 years of full-time political office holder till July 2017, he had served as Minister of State for Trade and Industry, Minister of State for Manpower, Mayor of the North East District of Singapore and coordinating Chairman of Mayors Committee. He was also the Senior Parliamentary Secretary in the Ministry of Community Development, Youth and Sports and had served as Advisor for the inaugural Youth Olympic Games that was held in Singapore in August 2010. Mr Teo holds a Bachelor of Accountancy Degree from the Nanyang Technological University, Singapore.
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Straco Corporation Ltd
Straco Corporation Limited (Straco) is a Singapore-based company, which is engaged in the development and management of tourism-related businesses. The Company operates through two segments: Aquariums and Giant Observation Wheel (GOW). The Company's Aquariums segment represents the operation of aquatic-related facilities and tourist attractions, including dolphin and sea lion performances. Retail, food and beverage are auxiliary goods and services arising from the operation of the aquatic-related facilities. The Company's GOW segment represents the operation of a circular observation structure, and the provision of commercial space. Its other operations include the operation of cable-car facility. The Company's operating assets include Shanghai Ocean Aquarium, which is a tourist attraction; Shanghai Singapore Flyer, which is an observation wheel; Underwater World Xiamen, which is located on the Gulangyu Island in Xiamen City, and Lixing Cable Car, which is a cable car service.