Company Profile

NGSC Limited (B07.SI) is an investment holding company. Through its subsidiaries, the Group is engaged in the business of providing satellite-based services to a variety of industries including educational and financial institutions in the People’s Republic of China (PRC), telecommunications services in rural areas of the PRC and Indonesia, and data centre services in Indonesia.

The Group’s present operations comprise three core businesses:

  • Sale of satellite communications equipment and provision of satellite-based communication services.

  • Building, operating and leasing of base station controllers for universal service obligation (USO) sites to enable telecommunication services in remote areas.

  • Provision of international network and engineering services.

The Company's vision is to become a leading satellite communications and telecommunication solutions service provider in Asia. The Group will continue to seek business opportunities in the region.

Board of Directors

  • Lye Meng Yiau
    Managing Director

    Mr Lye Meng Yiau was appointed to the Board in August 2014. Prior to his appointment, he was Vice President at OWW Capital Partners. He has more than 10 years of experience in Mergers & Acquisitions as well as Strategic Investments within the Heidelbergcement Group. Mr Lye has worked on investment projects in technology, infrastructure and utilities.

    He started his career as an analyst in a subsidiary of Temasek Holdings after graduating with a Bachelor of Business Administration from the National University of Singapore.

  • Dr Michael Kuan-Chi Sun
    Executive Director

    Dr Michael Sun was appointed to the Board in March 2014. Dr Sun worked with the Hughes Network Systems, LLC (and together with its subsidiaries, ”Hughes Group”) for more than 20 years, before taking up his current position as CEO of HughesNet China, a joint venture between NGSC and Hughes Group. Dr Sun is credited with the establishment of Hughes’ operations in China and its development into a dominant supplier of very small aperture terminal (“VSAT”) systems, with customers in almost every major government organisation in China. Prior to working for Hughes, Dr Sun was employed by General Electric Information Systems (“GE”), where he was responsible for marketing and development of GE’s centralised time-sharing information network service.

    Before GE, Dr Sun worked for Sprint Telenet as Senior Director, Network Design. Dr Sun started his career with Computer Sciences Corporation where he was a senior program analyst supporting NASA Goddard Space Flight Center.

    Dr Sun received his PhD in Physical Chemistry from Georgetown University in 1976. He also holds a MSc in Computer Science from The Johns Hopkins University, an MBA from Marymount University of Virginia and a BSc from National Cheng Kung University in Taiwan in 1970.

  • Edward Fu Shu Sheen
    Lead Independent Director

    Mr Edward Fu Shu Sheen was appointed to the Board in October 2014. He is the Executive Adviser of KF Property Network Pte Ltd (Knight Frank) and possesses more than 30 years of experience in credit, corporate banking, debt restructuring and recovery, loan syndications and private banking with domestic and foreign banks. Mr Fu previously served as Vice President at Societe Generale and has also held senior appointments with leading financial institutions such as Crosby Advisory (Singapore) Pte Ltd., Hill Samuel Merchant Bank Asia Ltd. and Australia & New Zealand Banking Group Ltd.

    He currently also serves as Director on the Board of Continental Investment & Trading Company Pte Ltd. He was an Independent Director of GSH Corporation Limited from 2007 to 2012 and of John Edward Consultancy Pte Ltd from 1999 to 2013.

    Mr Fu holds a BA in Economics and Political Science from University of Singapore.

  • Ng Hsian Pin
    Independent Director

    He possesses over 15 years of experience in various accounting and finance roles, and is currently the Financial Controller of Hong Kong-based Gold East Paper Trading(HK)Co.Ltd. He was previously the Chief Financial Officer Designate of Singapore-listed Sinwa Ltd., and, prior to that, the Financial Controller of Sinar Mas Paper(China)Co.Ltd.

    Mr Ng was appointed to the Board in July 2016. Mr Ng holds a Bachelor of Business Administration from the National University of Singapore and is a Chartered Accountant of Singapore.

  • Sri Tjintawati Hartanto
    Non-Executive Non-Independent Director

    Madam Sri Tjintawati Hartanto was appointed to the Board in January 2009. She is a non-executive director who supports the Company in its affairs on a “when-needed” basis. Madam Hartanto also provides an oversight over the Group’s current business in Indonesia. She possesses more than 20 years of experience in accounting, finance and administration.

    Madam Hartanto graduated with a Bachelor of Accountancy from Surabaya University in Indonesia. She was born and educated in Indonesia, and is currently a permanent resident in Hong Kong.

  • Chew Chin Wee
    Independent Director

    Mr Chew is a trained CPA and has a career in finance roles with medtech and hospital groups. He is currently Executive Director and Financial Controller of ResMed's Asia business unit in Singapore. Mr Chew is also on the board of a chain of aesthetic treatment centers.

    Mr Chew holds a Bachelor of Business Administration from the National University of Singapore and is a member of the Institute of Singapore Chartered Accountants and the Association of Chartered Certified Accountants.

Key Management

  • Koit Ven Jee
    Financial Controller

    Mr Koit joined the Group in August 2012 and was appointed as Regional Finance Manager in February 2014.  In December 2016, he was appointed as Financial Controller and is responsible for the Group’s overall finance and accounting functions (the Company and its subsidiaries), including risk compliance and reporting functions in accordance with the Singapore laws and regulations.

    Mr Koit has over 14 years of experience in the areas of financial and management accounting, taxation and including audit and assurance.  Prior to joining the Group, he was with audit firms such as Crowe Horwath First Trust LLP, BDO LLP, Baker Tilly Malaysia and Crowe Horwath Malaysia, providing audit services to a broad range of clients including technology, manufacturing, trading, construction, shipping, as well as other private and public-listed companies.

    Mr Koit has obtained his professional accountancy qualification from the Association of Chartered Certified Accountants (ACCA) and is a member of the Institute of Singapore Chartered Accountants.