CEO and Executive Director
Former banker Chew Thiam Keng created Ezion Holdings from an electrical wire maker he bought for US$6. The company, which now provides offshore marine services to the oil and gas industry, has a market capitalisation of $1.9 billion. Chew himself was Singapore's 50th richest person in 2013, according to Forbes, with an estimated net value of $305 million. Among the contracts the company clinched last year was a $38.8 million charter contract to provide a service rig to be deployed in offshore oil and gas fields in the Middle East. More recently, it received a letter of intent with a contract value of about $65 million over a three-year period, for a service rig for oil and gas activities in Southeast Asia. Also in 2013, Chew acquired 45.15 percent of the total enlarged share capital of Ocean Sky International and plans to inject Ezion's marine supply base business into the company. YHM Group, in which Chew acquired a 44-percent stake in 2012 sending shares soaring, has appointed him non-executive director and non-executive chairman.