Board of Directors

Relentless in its pursuit of good opportunities for growth

Meet our team
Mr Chay Yue Kai

Chief Executive Officer

Mr Chay Yue Kai was appointed Chief Executive Officer of the Company on 2 April 2015 and will oversee the overall management and business development.

Mr Chay has over 30 years of working experience in both local and regional property development and investment businesses. He joined L.C. Development Ltd (the former name of the Company) as Senior Manager and became an Executive Director of the property division in 2005. Mr Chay was with the Company from October 2002 to January 2012. He was Managing Director of Guocoland China (Beijing and North China) from 2012 to 2013. From 2013 to 2014, he was Head of Real Estate Development of Straits Trading Company.

Mr Chay holds a Bachelor of Science (Honours) degree in Building from the University of Singapore (now known as the National University of Singapore).

Mr Koh Wee Seng

Non-Executive Director

Mr Koh Wee Seng was appointed Non-Executive Director of the Company on 12 March 2015.

Mr Koh is the Chief Executive Officer and Executive Director of Aspial Corporation Limited, and the Non-Executive Chairman of Maxi-Cash Financial Services Corporation Ltd. He is responsible for the strategic planning overall management and business development of Aspial Group. He has successfully led Aspial Group’s diversification into property business and financial service business.

Mr Koh holds a Bachelor degree in Business Administration from the National University of Singapore.

Mr Periakaruppan Aravindan

Non-Executive Director

Mr Periakaruppan Aravindan was appointed Non-Executive Director of the Company on 12 March 2015.

Mr Aravindan is Executive Director of Fragrance Group Limited. The businesses of both companies include property development, ownership and management of hotels. He has over twenty years of experience in the property and hotel industry and has extensive experience in finance, accounting, secretarial and tax functions.

Mr Aravindan is a Chartered Accountant and a non-practicing member of the Institute of Singapore Chartered Accountants. He is also a fellow of the Association of the Chartered Certified Accountants,
United Kingdom and graduated with a Bachelor in Commerce and a Masters in Business Administration (Finance).

Mr Roy Yeo Kan Kiang

Lead Independent Director

Mr Roy Yeo Kan Kiang was appointed Independent Director of the Company on 28 February 2023.

He has been in legal practice for 28 years. Mr Yeo is active in community service in Tanjong Pagar GRC – being a member of the Tanjong Pagar- Tiong Bahru CCC and a Town Councillor with the Tanjong Pagar Town Council. For his active involvement and participation in grassroots/community service in Singapore, Mr Yeo was awarded the Public Service Medal (PBM) by the President of the Republic of Singapore in 2011 National Day Awards.

Mr Yeo holds a Bachelor of Laws (Honours) degree from the University of Bristol, United Kingdom and is a Barrister-at-law, Middle Temple.

Mr Yeo Wee Kiong

Independent Director

Mr Yeo Wee Kiong was appointed Independent Director of the Company on 20 July 2016.

Mr Yeo who is retired, is a Director and Chairman in Ezyhealth group. He was also previously a Board member of Heliconia Capital Management Pte Ltd, a subsidiary of Temasek Holidngs and an ex-Director of a leading Singapore law firm. Prior to that, he was the managing partner of a law corporation which he founded. He was a former investment banker with a Singapore-based UK merchant bank and a senior industry officer with a government statutory board.

Mr Yeo holds a Bachelor degree in Engineering (Mechanical) (First Class Honours) and a Master in Business Administration from the then University of Singapore and the National University of Singapore respectively. He also graduated with an honours degree in law from the University College of London and is also a Barrister-at-Law of Lincoln’s Inn for England and Wales.

Ms Pan Pei Say

Independent Director

She has over 30 years of experience in the banking and financial industry, in which she is well-versed and has 30 years of experience in evaluating applications of property development loans from small and medium enterprises as well as large corporations for both residential and commercial projects. Her last held position was Senior Vice President of Credit Marketing at a leading finance company in Singapore.

Ms Pan holds a Diploma in Banking and Finance from the Institute of Banking and Finance Singapore