ENTERPRISE STATEMENT

CEL Development Pte. Ltd. (CEL) is a wholly-owned subsidiary of Chip Eng Seng Corporation Ltd, a public listed company in Singapore since 1999.

Spearheading the Group’s portfolio in property development, CEL has over the years established itself as one of the industry’s fastest rising names. With development projects in Singapore, Australia and Vietnam, CEL has established impressive growth in recent years.

Being a dynamic organisation, we’ve built our success on the foundations of solid ethical practices and quality standards supported by our vast expertise in the areas of construction, property development and property investment.

With a strong synthesis of youth and experience in our ranks, we are able to leverage on these expertise as a Group to continually push benchmarks in construction and quality, much akin to our corporate vision.

CEL’s vision: “To be a leading multi-discipline property development company of choice, one that is synonymous with creating quality homes with outstanding build quality and investment value, thereby creating sustainable value to its shareholders and customers and being a socially responsible corporate organisation.”

And with our valued standard practices and dynamic approach, we aim to scale higher heights in the coming years and strive to deliver our promise of quality homes for today and tomorrow.

OUR PEOPLE

Mr Chia Lee Meng Raymond

DIRECTOR

Mr Chia Lee Meng Raymond was appointed as the Executive Chairman of the Board on 5 May 2016, and has helmed the role of Group Chief Executive Officer since February 2016. He is responsible for the overall Group’s operations, strategic planning and investment decisions.

Starting off as a project manager back in 1994, Mr Chia rose through the ranks and was appointed as the Group’s Director the year Chip Eng Seng went public. Following which, he became the Managing Director of the property development division in July 2006, before his appointment as Group Chief Executive Officer in June 2007 and Executive Deputy Chairman in January 2013.

Outside the Group, Mr Chia is the Chairman of Seacare Properties Pte Ltd, a wholly-owned subsidiary of Seacare Co-operative Ltd and a director of Seacare Holdings Private Limited. He is also a patron of Nee Soon South Citizens’ Consultative Committee. Mr Chia was also previously awarded The Public Service Stars PBM in 2013 for his public service rendered to the nation.

Mr Chia holds a Bachelor’s Degree in Economics and Finance from Curtin University and a Master’s Degree in Finance from RMIT.

Mr Lim Tiang Chuan

DIRECTOR

Mr Lim Tiang Chuan, has been a Director of the Company since 23 October 1998. He also holds directorship in some of the Company’s subsidiaries and associates. He joined the Group’s construction arm in 1982. He is responsible for the Group’s overall operation and business expansion. Mr Lim became the Company’s Executive Deputy Chairman on 6 June 2007 and continues to oversee the Group’s overall operation and business expansion.

Mr Lim Ling Kwee

DIRECTOR

Mr Lim Ling Kwee, was first appointed as a director of the Company on 23 October 1998. Mr Lim joined the Group construction arm in 1990 as a Site Supervisor and was promoted to the position of a Site Manager and a Project Director in 1994 and 1998 respectively. Mr Lim has considerable experience in project management.

MS LIM SOCK JOO

EXECUTIVE DIRECTOR OF CEL DEVELOPMENT PTE LTD

Ms Lim Sock Joo is the Executive Director of the Group’s Property Development and Hospitality Divisions. Her responsibilities include the day-to-day management of the divisions’ operations as well as their sales and marketing needs. In 1993, Ms Lim first joined the Construction Division as an administrative and finance executive responsible for accounting, administration and human resource matters. Her role was enlarged to include the sales and marketing of the Property Developments Division and overseeing the hospitality division following her appointment as Executive Director in July 2013. Ms Lim holds a Bachelor‘s Degree in Business (Accounting) from the Curtin University of Technology, Australia.

MS DAWN LIM SOCK KIANG

EXECUTIVE DIRECTOR

Ms Lim Sock Kiang, has been appointed as an Executive Director of CEL Development Pte Ltd on 1 December 2009. Ms Lim holds a Bachelor Degree in Architecture (Honours) from Deakin University, Melbourne, Australia. Prior to joining CEL as Project Director, she worked as a senior architect in Melbourne, Australia. Ms Lim is responsible for assisting the board in the business operation of the Company.

MR MICHAEL NG SENG TAT

EXECUTIVE DIRECTOR OF CEL DEVELOPMENT PTE LTD

Mr Michael Ng Seng Tat joined the Group in January 2017 and is responsible for the Group’s Property Development Division.

Prior to joining Chip Eng Seng, Mr Ng was the Group General Manager of United Industrial Corporation Limited and Singapore Land Limited where he managed the diversified real estate investments and developments of the group. Mr Ng was Managing Director of Savills Singapore from 2005 to 2010, where he spearheaded a turnaround of the operations into a hugely successful business. Prior to Savills, Michael was the Managing Director of Hamptons International in 2001. He subsequently led a management buyout of the Singapore office and expanded the business successfully before he sold the operations to Savills Singapore in December 2004. He was also a founding shareholder of Huttons Real Estate, a successful local housing agency. From 1995 to 2001, Mr Ng was Head of the property arm of COSCO Singapore, a China state-owned maritime group, handling real estate development, investments, acquisitions, project management and asset management. Some of the projects included commercial, retail and residential developments and investments in Singapore, South East Asia and China. His early part of his career was with Richard Ellis (1988 to 1995) where he honed his acumen in asset management, real estate investment advisory and marketing. He was a panel member of the Strata Titles Boards, under the Ministry of Law from 1999 to 2008.

Mr Ng holds an Honours Bachelor of Science (Estate Management) Degree from the National University of Singapore and has been in the real estate industry for over 30 years.