Singapore-listed concrete innovation leader Pan-United Corporation (Pan-United) has appointed May Ng as the Executive Chair of the company’s Board and Ken Loh as CEO.
Both May and Ken, who have been instrumental in Pan-United’s growth, will relinquish their positions as CEO and COO of Pan-United respectively, and assume their new appointments immediately. This continuity in leadership ensures a stable transition and a clear path for Pan-United’s future growth.
Chan Wan Hong has joined the Board as an Independent Director, bringing more than 25 years of legal expertise with him. Concurrently, Fong Yue Kwong has been redesignated from Independent Director to Lead Independent Director. Both positions are also immediately effective.
May succeeds Tay Siew Choon, who retired as a director of Pan-United under Regulations 89 and 90 of the company’s Constitution at the Annual General Meeting held in April 2024. The Board of Directors thanked and recorded their deepest gratitude and appreciation to Tay for his invaluable contributions to Pan-United during his close to 20-year tenure as a director of Pan-United, four years of which he served as Chairman.
May was CEO of Pan-United since March 2011 and has led Pan-United’s transformation into a global leader in low-carbon concrete technologies. She said: “We are very pleased to announce Ken’s appointment as CEO of the company. Ken has been instrumental in our transformation from a brick-and-mortar concrete company to a global leader in low-carbon concrete technologies. We have worked very closely over the years, and I look forward to continue working with him to innovate and decarbonise our world with concrete to ensure a safer world for future generations.”
Ken first joined Pan-United as General Manager in 1999, with the mandate to spearhead the growth of Pan-United’s then-new ready-mix concrete business. Under his steady and strong leadership, today, Pan-United is the largest concrete producer in Singapore, with an established regional presence in Malaysia and Vietnam. Ken said: “I would like to thank May for her trust, as well as the Board of Pan-United for their confidence and support. I aim to build a strong future for Pan-United, guided by our vision to become a technology company in the concrete and logistics space and to fulfil our mission to be the global leader in low-carbon concrete technologies.”
Chan, who joins as Independent Director, is a Senior Director at FC Legal Asia LLC. He is also an Independent Non-Executive Director of Centurion Corporation Limited and an Independent Non-Executive Director of Multi-Chem Limited. A practicing lawyer, Chan has extensive experience in capital market transactions and advises SGX-listed companies on their corporate actions and ongoing compliance requirements.
Fong, who will be assuming his new role as Lead Independent Director, has been on the board of Pan-United since March 2020. He has more than 40 years of experience in the port, marine supply base, and logistics industries in Singapore and Asia.
