Board of Directors
Our Board members have accumulated a wealth of experience across a broad range of industries, with the Chairman being a veteran in the property sector, the main sector in which GRP operates in.
Currently, the Board has six directors, of which four are Non-Executive Independent Directors. The Executive Director is the only non-Independent Director. The Board believes there is a strong element of independence in the Board as the Independent Directors constituted more than half of the Board, and no individual or small group of individuals dominates the Board’s decision making process. Given the current size of GRP’s operations, GRP believes that the size and composition of the Board is appropriate and provide sufficient diversity without interfering with efficient decision making. The Board is made up of the following individuals:
Mr Daniel Teo Tong How
Chairman and Member of Nominating Committee
Mr Teo was appointed as an Independent Director on 4 July 2014. He is the Managing Director of Hong How Group of Companies and Director of Tong Eng Brothers Group. The businesses of these companies range from property development and investment holding in sectors such as commercial, residential, industrial and hospitality in Singapore, Malaysia, Australia, US, UK, Spain and Sweden.
Mr Teo graduated from University of Melbourne, Australia with a Bachelor of Architecture (Hons) Degree. From 1998 to 1999, he was the President of the Real Estate Developers Association of Singapore. From 2000 to 2001, he was the World President (Singapore) of the International Real Estate Federation (FIABCI). In 2018, he was appointed as Honorary Chairman of the Securities Investors Association Singapore (SIAS). As a renowned figure in the real estate industry, he brings to the Board his wide networks and a wealth of experience.
Mr Colin Tay Yong Lee
Mr Tay was appointed as Managing Director on 24 August 2023 and is responsible for the Group’s business development. He has extensive experience in private equity industry. He has brought countless projects to fruition by leveraging his extensive experience and network in the funding and private equity industries. Mr Tay has proven track record in driving business growth, establishing strategic partnerships and delivering successful projects across North America, Asia and Latin America.
Mr Tay is a Director and Principal Officer of Boulevard Capital Partners Limited and Boulevard AGC Securities Pty Limited since 2016.
Mr Tay graduated from Singapore Polytechnic with a Diploma in Building in 1984.
Mr Mahtani Bhagwandas
Independent Director, Chairman of the Nominating and Risk Committees, Member of the Audit and Remuneration Committees
Mr Bhagwandas was appointed as an Independent Director on 1 September 2013. He has been practicing as an advocate and solicitor of the Supreme Court of Singapore since 1993 and is currently a Partner of Legal Standard LLP, a law firm in Singapore. He is also currently an Independent Director of Alliance Mineral Assets Limited.
Mr Bhagwandas graduated from National University of Singapore with a Bachelor of Laws (Hons) degree in 1992.
Mr Goh Lik Kok
Independent Director, Chairman of the Audit Committee, Member of the Nominating, Remuneration and Risk Committees
Mr Goh was appointed as an Independent Director on 6 November 2012. He has over 20 years of experience in engineering services and has held various senior management positions in Singapore Technologies Engineering Group (ST Engineering). Mr Goh has also served in various engineering academic advisory boards and skill qualification technical committees.
Mr Goh holds a degree in Bachelor of Mechanical Engineering (Hons) from the National University of Singapore and a pioneer Post-Graduate Diploma in Automation, sponsored by Singapore’s Economic Development Board.
Mr Peter Moe
Independent Director, Chairman of the Remuneration Committee, Member of the Audit, Nominating and Risk Committees
Mr Moe has been a practicing lawyer in Singapore since 1983 and is currently a
Director of Optimus Chambers LLC. Mr Moe graduated from University of Kent, Canterbury, United Kingdom with a Bachelor of Laws degree in 1976.
Mr David Su Hsieng Loong
Non-Executive, Non-Independent Director
Mr Su was appointed as Executive Director and CEO on 5 June 2023. On 2 August 2023, upon the cessation of his power and duties, Mr Su was re-designated as Non-executive Director. On 18 September 2023, Mr Su ceased to act as the CEO and Executive Director of the Company.
Mr Su has extensive experience in corporate investment transactions, largely in global private equities and mergers and acquisitions deals. Currently, Mr Su is active in private equities investments and property asset management with major institution funds in Asia. He manages cross-border mergers and acquisition investment banking activity between Asia and USA, which includes leveraged buy-out advisory wrok.
Mr Su graduated from National University of Singapore with a Bachelor of Arts and Social Science degree in 1987. He received his Master of Arts in International Studies from the University of Washington, Seattle, USA in 1989 and Master of Business Administration from University of California, Irvine, USA in 1991.