Board of Directors

FRANKY OESMAN WIDJAJA

Mr. Franky Widjaja is the Chairman and Chief Executive Officer of Golden Agri-Resources Ltd (“GAR”) and a member of its Nominating Committee and Remuneration Committee. He has been a Director and Chief Executive Officer of GAR since 1996; and Chairman since 2000.

Mr. Franky Widjaja, aged 60, graduated from Aoyama Gakuin University, Japan with a Bachelor’s degree in Commerce in 1979. He has extensive management and operational experience, and since 1982, been involved with different businesses including pulp and paper, property, chemical, telecommunication, financial services and agriculture.

Mr. Franky Widjaja also sits on the board of directors of Sinarmas Land Limited (“SML”) and Bund Center Investment Ltd (“BCI”), both listed on the Official List of the Singapore Exchange Securities Trading Limited. He has been a Director of SML since 1997; the Executive Chairman of SML since 2006; and a Director of BCI since 2009.

Mr. Franky Widjaja is a member of the boards of several subsidiaries of GAR, SML and BCI. Since 2003, he has been the President Commissioner of PT Sinar Mas Agro Resources and Technology Tbk, a subsidiary of GAR listed on the Indonesia Stock Exchange.

Currently, Mr. Franky Widjaja is the Co-Chairman of Partnership for Indonesia Sustainable Agriculture (“PISAgro”); Co-Chair of World Economic Forum (“WEF”): Grow Asia, and he is a member of WEF: Global Agenda Trustee for World Food Security and Agriculture Sector; Vice Chairman of the Indonesian Chamber of Commerce and Industry (“KADIN”) for Agribusiness, Food and Forestry Sector; and a member of the Advisory Board of the Indonesian Palm Oil Association (“GAPKI”).

Previously, from 2007 to 2015, Mr. Franky Widjaja was Vice President Commissioner of PT Bumi Serpong Damai Tbk and PT Duta Pertiwi Tbk; and he was also Vice President Commissioner of PT Puradelta Lestari Tbk until his resignation in May 2016, all subsidiaries of SML listed on the Indonesia Stock Exchange.

Present directorships in other Singapore listed companies:

– Bund Center Investment Ltd
– Sinarmas Land Limited

Other principal commitments: Nil
Past directorships in other Singapore listed companies (2015 – 2017): Nil

MUKTAR WIDJAJA

Mr. Muktar Widjaja is an Executive Director and President of GAR. He has been a Director since 1999; President since 2000; and was re-designated as Executive Director and President on 1 March 2018. He was Non-Executive Director from December 2006 to 28 February 2016. His last re-election as a Director was in 2015.

Mr. Muktar Widjaja, aged 63, obtained his Bachelor of Commerce in 1976 from the University Concordia, Canada. Since 1983, Mr. Muktar Widjaja has been actively involved in the management and operations of the property, financial services, agriculture, chemical and pulp and paper businesses.

Mr. Muktar Widjaja is a member of the boards of several subsidiaries of GAR and SML. He is Vice President Commissioner of PT Sinar Mas Agro Resources and Technology Tbk, a subsidiary of GAR listed on the Indonesia Stock Exchange. Mr. Muktar Widjaja is a Director and, since December 2006, the Chief Executive Officer of SML. He is President Commissioner of PT Bumi Serpong Damai Tbk, PT Duta Pertiwi Tbk and PT Puradelta Lestari Tbk, all subsidiaries of SML listed on the Indonesia Stock Exchange.

Present directorships in other Singapore listed companies: Sinarmas Land Limited

Other principal commitments: Nil
Past directorships in other Singapore listed companies (2015 – 2017): Nil

FRANKLE WIDJAJA

Mr. Frankle Widjaja is a Non-Executive Director of GAR since December 2006. He was first appointed as a Director in May 1999 and his last re-election as a Director was in 2016.

Mr. Frankle Widjaja, aged 61, graduated from the University of California, Berkeley, USA, with a degree of Bachelor of Science in 1978. Since 1979, he has been involved in the management and operations of the pulp and paper, financial services, food and agriculture and real estate businesses.

Mr. Frankle Widjaja is the Executive Chairman and Chief Executive Officer of BCI and presently sits on the boards of several subsidiaries of GAR, BCI and SML.

Present directorships in other Singapore listed companies: Bund Center Investment Ltd

Other principal commitments: Nil
Past directorships in other Singapore listed companies (2015 – 2017): Nil

RAFAEL BUHAY CONCEPCION, Jr.

Mr. Rafael Buhay Concepcion, Jr. is an Executive Director and the Chief Financial Officer of GAR. He was appointed as a Director of GAR in August 2002 and as its Chief Financial Officer in January 2013. His last re-election as a Director was in 2016.

Mr. Concepcion, aged 51, studied at the University of the Philippines where he obtained a Bachelor of Science in Economics in 1988.  He later obtained a Master in Business Management from the Asian Institute of Management, Philippines in 1992 with scholarship from SGV Philippines.

Mr. Concepcion worked on regional projects and has extensive experience in corporate and financial planning. After 5 years with Pilipinas Shell Petroleum Corporation, Mr. Concepcion joined PT Sinar Mas Agro Resources and Technology Tbk, a subsidiary of GAR listed on the Indonesia Stock Exchange, and now holds the position of Commissioner. Mr. Concepcion also sits on the boards of several subsidiaries of GAR.

Present directorships in other Singapore listed companies: Nil

Other principal commitments: Nil

Past directorships in other Singapore listed companies (2015 – 2017): Nil

LEW SYN PAU

Mr. Lew Syn Pau is an Independent Director of GAR, Chairman of its Audit Committee, and member of its Nominating Committee and Remuneration Committee. He re-joined GAR’s Board of Directors in December 2007. Prior to that, Mr. Lew was a Director of the Company from 1999 to May 2007. His last re-election as a Director was in 2017.

Mr. Lew, aged 64, obtained a Master in Engineering from Cambridge University, UK and a Master of Business Administration from Stanford University, USA. Mr. Lew was a Singapore Government scholar.

Mr. Lew is a Director of Capital Connections Pte Ltd and Poh Tiong Choon Logistics Limited (delisted on 4 January 2018). He also sits on the boards of several companies listed on the Official List of the Singapore Exchange Securities Trading Limited, namely, SUTL Enterprise Limited (formerly known as Achieva Ltd), Food Empire Holdings Ltd, Broadway Industrial Group Ltd and Golden Energy and Resources Limited.

Mr. Lew was Senior Country Officer and General Manager for Banque Indosuez Singapore, where he worked from 1994 to 1997. He was General Manager and subsequently, Managing Director of NTUC Comfort from 1987 to 1993 and Executive Director of NTUC Fairprice from 1993 to 1994.  Mr. Lew served as a Member of Parliament from 1988 to 2001. He was President of The Singapore Manufacturers’ Federation from July 2002 to June 2006.

Present directorships in other Singapore listed companies:

– Broadway Industrial Group Ltd
– Food Empire Holdings Ltd
– Golden Energy and Resources Limited
– SUTL Enterprise Limited

Other principal commitments: Nil
Past directorships in other Singapore listed companies (2015 – 2017): Nil

FOO MENG KEE

Mr. Foo Meng Kee is an Independent Director of GAR, Chairman of its Nominating Committee and Remuneration Committee and a member of its Audit Committee. Mr. Foo joined the Board of Directors of GAR in April 2017.

Mr. Foo, aged 68, holds an MBA from the University of Dubuque, USA; Graduate Diploma in Marketing Management from the Singapore Institute of Management; and Bachelor of Commerce (Honours) from the Nanyang University of Singapore.

Mr. Foo also sits on the board of Lee Metal Group Ltd, listed on the Official List of the Singapore Exchange Securities Trading Limited. Currently, he is the principal owner of M K Capital Pte Ltd and M K Marine Pte Ltd.

Mr. Foo was an independent director of several companies listed on the Official List of the Singapore Exchange Securities Trading Limited, namely, Courage Investment Group Limited (formerly known as Courage Marine Group Limited), Jiutian Chemical Group Limited and Sinarmas Land Limited, until his resignation in May 2016, February 2017, and April 2017 respectively. He was also an independent director of Titan Petrochemicals Group Limited, a public listed company in Hong Kong, from December 2013 to September 2015.  Mr. Foo was with Hitachi Zosen Singapore Limited (now known as Keppel Shipyard Limited) from 1976 to 1998. When he was the Managing Director of Hitachi Zosen Singapore Limited, he led in the listing of the company on the main board of the Singapore Stock Exchange.

Mr. Foo has also previously served on the Committees of the Association of Singapore Marine Industries and the Singapore Armed Forces Reservists’ Association.

Present directorships in other Singapore listed companies: Lee Metal Group Ltd

Other principal commitments:

– M K Capital Pte Ltd (Principal owner)
– M K Marine Pte Ltd (Principal owner)

Past directorships in other Singapore listed companies (2015 – 2017):
– Courage Investment Group Limited (formerly known as Courage Marine Group Limited)
– Jiutian Chemical Group Limited
– Sinarmas Land Limited

KANEYALALL HAWABHAY

Mr. Kaneyalall Hawabhay is an Independent Director of GAR and member of its Audit Committee. He was appointed as a Director of GAR in May 2003 and his last re-election as a Director was in 2015.

Mr. Hawabhay, aged 70, is a Fellow of the Institute of Chartered Accountants in England and Wales.

Presently, Mr. Hawabhay is Partner (ABAS) of BDO & Co, Mauritius.

He has been a Partner (Assurance and Business Advisory Services (“ABAS”)) of De Chazal du Mée & Co, Mauritius from 1987 to June 2002, and a Director of Multiconsult Limited from July 2002 to 2005.

Present directorships in other Singapore listed companies: Nil

Other principal commitments:

– BDO & Co, Mauritius (Partner (ABAS))

Past directorships in other Singapore listed companies (2015 – 2017): Nil

WILLIAM CHUNG NIEN CHIN

Mr. William Chung Nien Chin is an Independent Director of GAR. Mr. Chung joined the Board of Directors of GAR in April 2017.

Mr. Chung, aged 61, is a Member of the Institute of Chartered Accountants in England and Wales since 1980.

 Currently, he is a Tax Partner of Kemp Chatteris Chartered Accountants, Mauritius, a position he has held since July 2012. Prior to that, Mr. Chung was Tax Partner of Deloitte from July 2002 to June 2012, and Tax Partner of De Chazal du Mee from 1987 to 2002.

He is currently a director of Mauritian Eagle Leasing Co Ltd, which forms part of the IBL Group, a major conglomerate listed on the Stock Exchange of Mauritius.

Present directorships in other Singapore listed companies: Nil

Other principal commitments:

– Kemp Chatteris Chartered Accountants, Mauritius (Tax Partner)

Past directorships in other Singapore listed companies (2015 – 2017): Nil