I was an independent director of this listed company for 16 years. I stepped down last year when it became mandatory for all independent directors to step down after 9 years.
This company is majority controlled by David Loh and Han Seng Juan. I have known the 2 of them since about 1998 or thereabouts.
When they acquired SM Summit to do a reverse listing, I became an independent director together with Gn Hiang Meng, who used to be a UOB banker.
The first proposed reverse takeover was unsuccessful. That was a recycling company. We then pivoted to worker’s accomodations. This then expanded to students accomodations. And that turned out to hugely successful.
I had a wonderful 16 years with them. And also the opportunity to travel to Melbourne and Manchester to inspect the student accomodations there. We also went to HK to do a secondary listing.
So it was great catching up with all these people I have known and worked with at their dinner last night.







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