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We have a strong panel of advisors who ensure our shareholders' trust in our company growth.






Yen Wen Hwa
Executive Chairman


Mr Yen is the founder of New Toyo International Holdings Ltd ("NTIH") Group and serves as Executive Chairman of NTIH. He previously held the roles of Managing Director and Chairman of the Board until 30 September 2011 and later served as Non-Executive Chairman from 1 September 2016 to 31 October 2020.

Mr Yen was appointed as Executive Chairman of Tien Wah Press Holdings Berhad ("TWPH") on 16 February 2015 and was re-designated as Non-Independent Non-Executive Chairman of TWPH on 1 January 2021. He also served as Chief Executive Officer of TWPH from 1 September 2010 to 31 December 2011. Additionally, he was a Non-Independent Non-Executive Director of Shanghai Asia Holdings Ltd from 10 February 2004 to 1 May 2012.

Mr Yen has over 40 years of experience in the paper conversion and packaging industry.


Angela Heng Chor Kiang
Group Chief Executive Officer


Ms Heng was appointed Group Chief Executive Officer on 1 September 2016.

She joined New Toyo in the 1970s as one of its pioneers, playing a key role in setting up the administration and accounts departments and overseeing sales and marketing.

With over 40 years of experience, Ms Heng has held several senior management positions including General Manager of New Toyo Aluminium Paper Product Co. (Pte) Ltd, where she led its ISO 9002 certification in 1996. She also started New Toyo International Co (Pte) Ltd in 1992 and served as its Director until 1995, and was re-appointed to the role in 2002. She was also a key personnel instrumental in the listing of the Group on the Mainboard of the Singapore Exchange Securities Trading Limited ("SGX-ST") in 1997. She previously served as Deputy Chairman (1997 - 1999), President for Asia-Pacific (2002 - 2006, and Group Executive Chairman (2014 - 2016) before assuming her current role.

Ms Heng has over 35 years of experience in the lamination industry and more than 20 years of experience in the printing business.

Ms Heng holds a Master of Social Science from Swinburne University of Technology, Australia.


Wan Tai Foong
Non-Executive and Lead Independent Director


Mr Wan was appointed to the Board as a Non-Executive and Independent Director on 1 August 2019. He serves as the Lead Independent Director and the Chairman of the Audit Committee.

He is the Chief Executive Officer of Qi Capital Pte Ltd, a boutique advisory firm that advises private corporates on M&A and fund raising transactions. Mr Wan has a career spanning over 20 years in investment banking, with varied, in-depth exposure and experience in all aspects of mergers and acquisitions, restructuring and fund-raising transactions in different sectors. He also chairs the Audit Committee of ASTI Holdings Limited.

Mr Wan holds a Bachelor of Commerce from Murdoch University, Western Australia and is a member of CPA Australia.


Tengku Tan Sri Dr Mahaleel Bin Tengku Ariff
Non-Executive and Non-Independent Director


Tengku Mahaleel has had a diverse career spanning over 40 years across the food, paper, cigarette, oil, marine, aviation, car and motorcycle industries. He began his career at Nestle Malaysia Berhad before joining Shell Malaysia for 20 years. He later served as Group Chief Executive Officer of Proton Holdings Berhad. He was Executive Chairman of Tien Wah Press Holdings Berhad from 20 November 2006 to 31 August 2010 before being re-designated as Non-Executive Chairman from 1 September 2010 until his retirement on 16 February 2015. He has represented Malaysia in the Asia Pacific Economic Council and the Asean Business Advisory Council. He was the Malaysian Rally Champion in 1989 and was awarded Malaysia's CEO of the Year by Business Times and American Express Corporate Services in 2001.

Tengku Mahaleel graduated from the University of Malaya in 1970 with a Bachelor of Arts (Honours) and has attended courses at Harvard, London School of Economics and the Manchester Business School on Strategy, Strategic Management and Marketing. He currently serves as Pro Chancellor of University Utara Malaysia. He previously served on the Board of Governors of University Sains Malaysia.


Phua Tin How
Non-Executive Director and Independent Director


Mr Phua was appointed to the Board as a Non-Executive and Independent Director on 27 February 2020 and is the Chairman of the Remuneration Committee and member of the Audit Committee.

Mr Phua held several senior appointments in the public service prior to 1994, the last being the Principal Private Secretary to the Deputy Prime Minister and later, the Principal Private Secretary to the President of Singapore. From 1994 to 2003, Mr Phua was concurrently the Group President of DelGro Corporation Ltd and President and CEO of SBS Transit Ltd, and led the Group's diversification effort to grow its business globally. Mr Phua had also served on the boards of Public Transport Council, National Environment Agency, Network China and China-Singapore Suzhou Industrial Park Development (CSSD), and several other companies listed on the Mainboard of SGX-ST. He retired as Chairman of ValueMax Group in 2022.

Mr Phua holds a Master in Business Administration degree from INSEAD, France, and a Bachelor of Science (Hons) degree from the University of Singapore.


Tay Joo Soon
Non-Executive and Non-Independent Director


Mr Tay was appointed to the Board as a Non-Executive and Independent Director on 16 July 2021 and re-designated as a Non-Independent Director on 1 July 2024.

Mr Tay has been a practicing Public Accountant and Chartered Accountant with his own firm, Tay Joo Soon & Co., since he founded the firm in 1971. He has over 50 years of experience in the fields of corporate finance, accounting, auditing, taxation, management consultancy, mergers and acquisitions. Mr Tay had worked with a range of industry sectors, including electrical and cable, cement and construction materials, healthcare & nursing home, carton and packaging and food manufacturing. He had also served on the boards of several other companies listed on the Mainboard of SGX-ST.

Mr Tay is a Life Member of the Institute of Singapore Chartered Accountants, CPA Australia and the Malaysian Institute of Certified Public Accountants.


David Ong Kim Huat
Non-Executive and Independent Director


Mr Ong was appointed to the Board as a Non-Executive and Independent Director on 1 January 2022 and currently serves as Chairman of the Nominating Committee.

Mr Ong has held senior marketing and management positions in various international companies, including American Express, Visa International, Reed Elsevier and Publicis. Mr Ong is the Managing Director of Reddot Media Inc Pte LTd and also serves as an Independent Director of Hiap Seng Industries Limited and Katrina Group Ltd. Mr Ong previously served as a Member of Parliament of Singapore and was awarded the Public Service Medal and Public Service Star in 2005 and 2009 respectively.

Mr Ong holds a Bachelor of Science in Business Administration from the University of Oregon, USA.


Ooi Hoe Seong
Non-Executive and Independent Director


Mr Ooi was appointed to the Board as a Non-Executive and Independent Director on 1 July 2024.

Mr Ooi has been involved in and held senior management positions within the global fast moving consumer goods industry for over 25 years. From 1990 to 1992, he was with Pepsi-Cola International Asia Pacific region. He was based in the U.S. South West region initially as part of the international management exchange program but subsequently moved on to be the Managing Director of Pepsi-Cola Thailand. HE later served as Managing Director of British American Tobacco China Limited from 1992 to 2001 and Regional CEO of Boutique Regional Financial Institution from 2004 to 2006. He was also the Lead Independent Director of AnAn International Ltd from 2012 to 2022.

Mr Ooi holds a Bachelor of Science from the University of Singapore.


James Yu Sin Giap
Non-Executive and Independent Director


Mr Yu was appointed to the Board as a Non-Executive and Independent Director on 1 July 2024.

Mr Yu is a partner in the law firm of Yu & Co LLC, formed since 1988. The firm offers various legal services in areas such as insurance law, banking and finance and property law (conveyancing).

Mr Yu graduated with a law degree from the University of Nothumbria, England. He is a qualified Barrister At Law, London. He was called to the Singapore Bar in 1982 and is an Advocate & Solicitor of the Supreme Court of Singapore.




George Lee Chee Whye
Chief Executive Officer
(Tien Wah Press Holdings Berhad)


Mr Lee was appointed Chief Executive Officer of our listed subsidiary in Malaysia, Tien Wah Press Holdings Berhad ("TWPH") in November 2014. He also sits on the Board of TWPH as an Executive Director effective 1 September 2016. Mr Lee first joined New Toyo Aluminium Paper Product Co. (Pte) Ltd, a subsidiary of New Toyo International Holdings Ltd, as the Operations Manager in March 2005 and was subsequently promoted to Business Head of Specialty Papers Division in October 2006. He was appointed as Acting CEO of the Group in October 2011 and assumed the position of Chief Executive Officer of the Company in July 2012.

He holds a Bachelor in Computer Science with Business degree and has more than 20 years of senior management, operations and marketing experience.


Lionel Yap Chee Cheong
Chief Executive Officer
(Specialty Papers)


Mr Yap assumed the position of Chief Executive Officer (Specialty Papers) in September 2016 and is responsible for the revenue growth, profitability and long term sustainability of the Specialty Papers business. Mr Yap first joined the Group as Finance and Operations Assistant Manager (Specialty Papers) in April 2007 and was promoted to General Manager of New Toyo Aluminium Paper Product Co. (Pte) Ltd, a subsidiary of New Toyo International Holdings Ltd. He was subsequently promoted to Business Head of Specialty Papers Division in July 2012.

Mr Yap is a non-practicing Chartered Accountant with the Institute of Singapore Chartered Accountants since 2001.


Priscilla Ng Kar Choo
Chief Financial Officer


Ms Ng joined the Group as the Chief Financial Officer in August 2022. She is responsible for overseeing the Group's financial and sustainability reporting, treasury, corporate governance, investor relations and other finance related matters.

Ms Ng has over 20 years in accounting, financial and corporate matters in various industries having worked in various SGX listed organizations including EnGro Corporation Limited and then listed Popular Holdings Ltd.

She is an ACCA graduate and a Chartered Accountant with the Institute of Singapore Chartered Accountants.


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