Board of Directors

Mr. Wu Hsioh Kwang

Executive Chairman / Executive Director

Mr. Wu Hsioh Kwang is the founder of Straco Corporation Limited and has been instrumental in driving the Group’s growth since its inception. Mr. Wu was appointed as Executive Chairman of the Company in March 2003, to lead the Group in its strategic vision and overall management. As Chairman of the Board, Mr. Wu provides valuable business insight and guidance to the Board in developing growth strategies for the Group’s businesses. Mr. Wu’s other appointments include, Senior Honorary Council Member of Singapore Chinese Chamber of Commerce and Industry, Vice-Chairman (China & North Asia Business Group) of Singapore Business Federation, and Vice-Chairman of Singapore Chinese Orchestra. He is also Director of Confucius Institute, Board Member of Sun Yat Sen Nanyang Memorial Hall, as well as Board Member of the Haas School of Business. In 2015, Mr. Wu was awarded the White Magnolia Award in Shanghai for his contributions to the Municipal City of Shanghai. In 2016, he received the Public Service Medal at the Singapore National Day Awards, and in the same year, he was awarded the Nanyang Distinguished Alumni Award by Nanyang Technological University (Singapore). Mr. Wu holds a Bachelor of Commerce degree from the former Nanyang University (Singapore).

Mr. Hee Theng Fong

Lead Independent Director

Mr. Hee Theng Fong was appointed as an Independent Director in April 2016. He is a senior lawyer in Singapore with over 40 years of experience. Mr. Hee has handled more than two hundred cases in civil litigation and international arbitration as lead counsel, presiding arbitrator, co-arbitrator and sole arbitrator. He is now a full-time independent arbitrator and mediator. He is on the panel of arbitrators of SIAC, CIETAC, BAC/BIAC, SHIAC, HKIAC, HIAC and AIAC. Mr. Hee is also a specialist Mediator (China) and Ambassador of Singapore International Mediation Centre.

Mr. Hee also serves as a director of several listed companies. He has been regularly invited to speak on directors’ duties and corporate governance.

Mr. Hee also serves as the Deputy Chairman of Singapore Medishield Life Council and a board member of the Singapore Traditional Chinese Medicine Practitioners Board. He is a member of Advisory Committee for the China Ready Programme under the Ministry of Law and a committee member of ACRA’s Complaints and Disciplinary Panel. He is also a member of the Singapore-China Joint Experts Team jointly formed by the Ministry of Law and the China Council for the Promotion of the International Trade. Mr. Hee has been appointed as a Justice of Peace (JP) since 2018.

Mr. Teo Ser Luck

Independent Director

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, Deputy Chairman of Serial Systems Limited, Lead Independent Director of China Aviation Oil (Singapore) Corporation Limited, and Independent Director of Yanlord Land Group Limited and Super Hi international Holding 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 was Adviser to the Institute of Chartered Accountants of Singapore (“ISCA”) from 2009 to March 2022 and is currently the President of ISCA. He is also Advisor to the 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 Ministry of Transport. Mr. Teo holds a Bachelor of Accountancy Degree from the Nanyang Technological University, Singapore.

Ms. Tan Khiaw Ngoh

Independent Director

Ms. Tan Khiaw Ngoh was appointed as an Independent Director in May 2024. She is currently an Independent Director of Singapore Land Group Limited and Khong Guan Limited. She is also an Independent Director of Hollysys Automation Technologies Limited, listed on Nasdaq.

Ms. Tan worked in the audit profession for more than 35 years and was an audit partner with PricewaterhouseCoopers from 1994 until her retirement in June 2017.

Ms. Tan has been actively involved in charity work since the late 1990s. She is currently a Board member of Singapore Children Society and serves as Chairman of its Audit & Risk Committee and its Social Work Services Standing Committee. She is also a director of Ang Mo Kio - Thye Hwa Kuan Hospital and member of Medifund Committee of Khoo Teck Puat Hospital. She received the Public Service Medal (PBM) award from the Government of Singapore in August 2022.

Ms. Tan holds a Bachelor of Commerce (Accountancy) degree from the former Nanyang University (Singapore). She is a Justice of Peace and a Fellow Member of the Institute of Singapore Chartered Accountants (FCA).

Mr. Tan Kang Uei, Anthony

Independent Director

Mr. Tan Kang Uei, Anthony was appointed as an Independent Director in May 2024. He is currently the Chief Executive Officer (“CEO”) of MOH Holdings, the holding company of Singapore’s public healthcare entities. He is also the Independent Non-Executive Director of Super Hi International Holdings Limited, listed on the Hong Kong Stock Exchange. Prior to joining MOH Holdings, Mr. Tan was the Deputy CEO of Singapore Press Holdings Limited and was responsible for overseeing the group’s media business.

Mr. Tan had extensive experience across the public sector spanning more than 15 years in the earlier part of his career. He had served in leadership positions in various organisations including the Ministry of Health, Finance, Home Affairs, Manpower as well as the People’s Association. He was Deputy Secretary (Policy), Ministry of Health and concurrently Principal Private Secretary/ Special Assistant to the late Mr. Lee Kuan Yew from 2011 to 2014.

Mr. Tan is also active in the local business community. He sits on the Standing Committee of the Singapore Chinese Chamber of Commerce & Industry and is also a Board Member of Business China. He was awarded the Public Service Medal (PBM) by the Government of Singapore in 2021.

Mr. Tan graduated from the National University of Singapore in 1997 with an Honours Degree in Political Science. He also has a Master of Science (Management) degree from the Stanford Business School. He completed his Advanced Management Program at Harvard Business School in June 2021. He is a Fellow under the Lien Ying Chow Legacy Fellowship, which supports leaders in Singapore and China to address the cultural, business and communal needs of the two countries.

Mdm. Chua Soh Har

Non-Executive Director

Mdm. Chua Soh Har, spouse of Mr. Wu Hsioh Kwang, was appointed as a non-Executive Director in June 2010. Mdm. Chua played an instrumental role in the establishment of Straco Corporation Limited. Together with Mr. Wu, Mdm. Chua was a founding member of the Group’s China businesses. Mdm. Chua is a director of non-listed Straco Holding Pte Ltd, the substantial shareholder of Straco Corporation Limited. With more than 30 years of experience in business management, international trading and investment, she has provided much guidance and advice for new opportunities that are relevant to the Group’s businesses. Mdm. Chua holds a Bachelor of Commerce degree from the former Nanyang University (Singapore).

Mr. Li Weiqiang

Non-Executive Director

Mr. Li Weiqiang was appointed as a non-Executive Director in October 2012. He is currently Executive Vice President of Poly Culture Group Corporation Ltd. In his previous role as director of Enterprise Development Department of China Poly Group Corporation, he was responsible for the Group’s strategic planning, development of annual plan, day-to-day management and investment project management, etc. Mr. Li has vast experience in the areas of strategic planning, business management, and investment management. He holds a PhD Degree in Management from University of International Business and Economics, Beijing.