UPDATE: Singapore executive moves Monday: Stamford Tyres’ managing director to step down; SinoCloud

Rubber car tyre; taken September 2018Car tyre; taken September 2018

These are Singapore companies which announced personnel changes on Monday, 1 November 2021: Stamford Tyres.

This item was originally published on Monday, 1 November 2021 at 13:01 SGT; it has since been updated to include Sinocloud Group, Edition Ltd. and Tye Soon.

Stamford Tyres

Wee Kok Wah, age 75, will be stepping down as managing director of Stamford Tyres, effective Monday, for health reasons, the company said in a filing to SGX Monday.

Wee, who has been managing director since 1989, will take on the role of founder and senior advisor, the filing said.

“He will continue to assist the senior management team to run the group operations together with the executive
directors of the company, Mrs. Dawn Wee Wai Ying and Dr. Wee Li Ann to ensure the smooth operations of the Stamford Tyres Group,” the filing said.

Wee Kok Wah is the spouse of Dawn Wee Wai Ying and the father of Wee Li Ann, the filing said. He is deemed to have interests in 50.45 million shares of the company, the filing said.

Stamford Tyres is a global distributor of tyres and wheels, and has a wheel factory. The company has Southeast Asian regional retail operations, and truck and off-the-road tyre-managemetn services.

SinoCloud Group

SinoCloud Group said Monday it appointed Yip Chun On, age 46, as chief financial officer, effective Tuesday. Yip has been SinoCloud’s finance manager since August 2021, and was managing director at AdviseOnAir from April 2016 to the present, the company said in a filing to SGX.

SinoCloud Group, formerly known as Armarda Group, provides IT and internet data center services; the company holds a 60 percent effective stake in Guiyang Zhongdian Gaoxin Digital Technologies, a data center in Guizhou province, China, with a hosting capacity of up to 5,000 racks. The remainder of the data center is held by Guiyang Gaoxin Big Data Fund.

Edition Ltd.

Edition Ltd. said Monday it appointed Tew Bee Leng, age 51, as group financial controller, effective 16 November. She will replace Boey Mun Choon, age 55, who resigned, effective 16 November.

Tew was director of Bizva Consulting from November 2020 to October 2021, and head of operation (e-commerce)/finance of Unico Food from December 2019 to November 2020, the filing said.

Boey resigned to pursue other career opportunities, the filing said.

Tye Soon

Tye Soon Ltd. said Monday it has appointed Ng Yoke Yee, age 56, as group financial controller, effective 1 December.

She was the deputy director of finance at SingHelath Polyclinics from February 2021 to October 2021, and the head of financial reporting at BW LPG from February 2014 to February 2021, the filing said.

 

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