Singapore, 23 April 2019 – Home-grown private equity firm Elite Partners Capital (“EPC”) announced today the appointment of Mr. Micheal Tan Hai Peng, B.B.M., the scion of Ho Lee Group Pte. Ltd. (“Ho Lee”), one of Singapore’s established construction and property groups, as its Executive Chairman.
Mr. Tan is currently an Executive Director of Ho Lee, which is part-sponsor of EPC’s £120-million UK Commercial Fund that recently acquired commercial properties in UK worth almost £300 million.
Throughout his career, Mr. Tan has held various senior appointments and has a wide corporate experience. He served as the Executive Chairman of Singapore Exchange-listed LH Group Limited (formerly Liang Huat Aluminium Limited) from March 2010 until February 2017, responsible for business development.
He also served as Non-Executive Director of Viva Industrial Trust Management Pte. Ltd. (the manager of SGX-listed Viva Industrial Trust – since merged with ESR Reit) where he worked with EPC’s current CEO and managing director, Mr. Victor Song.
Mr. Tan also has an accomplished track record as an Operationally Ready National Serviceman in the Singapore Armed Forces (“SAF”). He was conferred the Commendation Medal (Military) by the Singapore government in 2013. A Senior Lieutenant Colonel in the SAF, he is currently Commander of SAF’s 29th Infantry Brigade.
Mr. Tan graduated from the Florida Institute of Technology, USA, with a Bachelor of Science in Computer Engineering with Highest Honours, and holds a Master of Business Administration (For Senior Executives) from the National University of Singapore.
Commenting on the appointment, Mr. Tan said: “I am thankful for the opportunity to lead one of Singapore’s emerging private equity firms. EPC will continue to invest in yield-accretive assets as we grasp strategic partnerships and opportunities to grow value for investors.”
“With his corporate track record and breadth of experience, Micheal is a perfect fit for Elite’s vision and values – protect, preserve and grow investments. Under his leadership, Elite will enter into our next stage of growth and bring even more opportunities and value for our investors,” said Mr. Song.