For the uninitiated, you might be wondering who Ng Yat Chung is and here are some facts about him: Ng is an alumnus of Victoria School and Hwa Chong Junior College. It was founded in 1968 as Singapore's national shipping line, but was later sold as a subsidiary to French shipping company CMA CGM in 2016. Found insideThis book includes 9 projects on building smart and practical AI-based systems. If not for the Jobs Support Scheme (JSS), the loss would have been S$39.5 million. Yat Chung Ng. It does not seem logical for them to be "dropped into" these positions when the military is so different in terms of organization and function. The transaction will also strengthen our balance sheet and unlock value for our shareholders," said Ng Yat Chung, group president and CEO of NOL. There are reporters from here who receive substantial funding from various sources. So important in fact, that it could mean the difference between tarnishing a man’s reputation, and seeing things for what they really are. ("SPHRM") has appointed Mr Ng Yat Chung (伍逸松) as a non-independent non-executive director to its Board with effect from 1 August 2017.Mr Ng will also be a member of the Nominating and Remuneration Committee. | In fact, chairman is a gentleman, I'm not. In October 2020, SPH posted its first-ever full-year loss of $83.7 million - the first time in its 36-year history. A Reddit user said: "It is shocking to know from other comments that his (Kenny) alleged grooming is an open secret in the scene. He added, "I am not against social justice warriors but I am against hypocrisy. Following Singapore Press Holdings' (SPH) shift to a nonprofit business model, questions ensued regarding its sources of funding and editorial independence.. Raising these concerns during a press conference on 6 May, a journalist from Channel NewsAsia (CNA) got a response that shook us all. Much discussion on corporate governance assumes companies are owned and controlled separately, yet this is not the norm worldwide. Ng also said that he saw "vast opportunities that can be reaped" despite the challenges ahead and added that he was involved in the SPH's decision to enter healthcare and private nursing home sector with its acquisition of Orange Valley as a board member. "Just now you mentioned that the revenue from CLG (company limited by guarantee) will now be channelled into the new constitution of the company... does it mean that the media business will now pivot to emphasise editorial integrity, for example, ahead of advertiser interests? Dedicants of the Crystal Silence League send thoughts and prayers of joy, health, strength, love, success, and protection to all, and, in turn, receive the fruits of mutually supported prayer.If you are able, join our world wide band when ... Following his retirement from the SAF, Ng took up various senior positions in Temasek Holdings.In 2011, he was appointed Group President and Chief Executive . It is curious that, in the face of overwhelming evidence to the contrary, the belief persists.". CMA CGM is buying . Ng Yat Chung, CEO of NOL Group Neptune Orient Lines (NOL) reported a 2014 net loss of $260 million today, marking the third consecutive year in the red for the Singapore -based global shipping . SPH's CEO, Ng Yat Chung, appeared to take umbrage at a question by a CNA reporter, who asked: Qn 1: Editorial integrity vs taking care of advertisers' interests. So I must call it out. | Found insideThis collection of essays suggests that a far-reaching and radical rethinking of the country's policies and institutions is necessary, even if it weakens the very consensus that enabled Singapore to succeed in its first fifty years. CMA CGM. Is it fair to say that these initiatives have failed, and if so, where does the responsibility lie? Neptune Orient has said . . ^ "Ng Yat Chung takes over as NOL's CEO from Oct 1". 82455 1282348 The Shawshank Redemption (1994) 1245679 The Dark Knight (2008) 1033266 Inception (2010) 986610 Pulp Fiction (1994) 980299 Fight Club (1999) 939601 The Lord of the Ri SPH said that it recorded its first-ever loss of S$11.4 million for the financial year ended Aug. 31, 2020. Eng Aik Meng will leave the company on Sep 1 to take a new position outside the transportation industry, NOL said in a statement. Ng became an executive in Temasek Holdings after leaving the SAF in 2007. while at the same time enabling APL Logistics to grow," NOL President Ng Yat Chung said in a statement issued Feb. 17. . The resulting losses in 2016 later culminated into another loss in 2019. 30 September 2011. His contributions to Temasek Holdings from 2007 to 2011 was not well-publicised but they were probably decent enough for Ng to be appointed in the well-publicised role as the group president and CEO of NOL in October 2011. In 2015, Singapore celebrates its 50th anniversary of independence. This book covers the complex historical forces and circumstances that shaped this nation. It added 10 ships last year and sold some of the older ones. He is also . Several video snippets from the Singapore Press Holdings' (SPH) press conference on May 6, 2021 featuring its chief executive officer (CEO) Ng Yat Chung taking "umbrage" at a reporter's question sent the internet into a tizzy. It added 10 ships last year and sold some of the older ones. File:Ng Yat Chung.png: Born: Singapore: Allegiance Singapore: Service/ branch: Singapore Armed Forces: Years of service: 1979-2007: Rank: Lieutenant-General: Commands held: Commanding Officer, 21st Battalion Singapore Artillery; Assistant Chief of the General Staff (Plans) Commander, 3rd Singapore Infantry Brigade; Head, Joint Operations . Jason Wong. "This is a strategic move that will allow us to focus on improving our liner shipping business, while at the same time enabling APL Logistics to grow," said NOL's Group President and CEO, Ng . Singapore's Neptune Orient Lines Ltd (NOL) swung to a tiny net profit in its second quarter after six straight quarters of losses but said it had seen severe freight rate erosion. Ng was the CEO for five years and his last four years saw NOL accumulate more than S$1.5 billion in losses, although it has managed to reduce its losses year-on-year. Singapore Press Holdings (SPH) chief executive officer Ng Yat Chung took offence to a reporter's question about SPH's goal of "editorial integrity" at a news conference on Thursday (6 May) to announce plans to spin off the conglomerate's ailing media business. Copyright © 2020 Mothership. There are 50+ professionals named "Yat Ng", who use LinkedIn to exchange information, ideas, and opportunities. One month after his appointment, Ng brought forward the retrenchment of some 230 employees . Ng Yat Chung is a Singaporean business executive and retired military officer who has been CEO of Singapore Press Holdings since 2017. Found insideThe book is primarily (but not exclusively) based on the new approaches, methods, frameworks, and tools conceived for enterprise innovation and production improvement, developed during the European Project BIVEE (Business Innovation for ... In a Facebook post published last Saturday (Sep 25), Alfian - whose works were previously published by Kenny's Math Paper Press - claimed that he is "not close" to Kenny Leck and he "never had a meal/drink/conversation with him where we talk about our lives.". This is volume one of four. This very rare and long out of print biographical work is a must for any Mason with a desire for Masonic research. This is NOT a photocopy of the original work, but a completely new, re-type set edition. To Acquire Neptune Orient Lines' APL Logistics For $1.2 Billion. The man will be charged in court on May 8. This edition includes the full book as well as a comprehensive companion with historical notes, character overview, themes overview, and chapter summaries. Biography. In 2011, he joined Neptune . Notes Due 2017 under US$1,500,000,000 Euro Medium Term Note Programme 18-Apr-12 Ng was the CEO for five years and his last four years saw NOL accumulate more than S$1.5 billion in losses. Found inside – Page iIt is designed to stand by itself as an interpretation of the original, but it will also be useful as an aid to reading the Greek text. "Whatever we now understand of Ptolemy ... is in this book."--Noel Swerdlow, University of Chicago Ng immediately took umbrage at Chew's first question, went on a rant, pointed fingers and shouted, and practica Recently purchased APL parent Neptune Orient Lines couldn't cut costs fast enough to compete in an increasingly commoditized market, chief executive Ng Yat Chung said in a surprisingly candid interview with Singapore's Straits Times. Raymond Sillifant under 19 coach at Olympic paints sporting supermen City of Johannesburg. Prior to him joining SPH, Ng was the group president and CEO of Neptune Orient Lines (NOL) from October 2011 to June 2016. This book describes the adaptation of American women to cross-cultural situations in Hong Kong from 1921 to 1969. Visitors restricted for those still warded during this period. Neli Borisova Property Litigation Solicitor at JMW Solicitors LLP United Kingdom. Ng was the CEO for five years and his last four years saw NOL accumulate . Because I don't believe that even where you come from, you will concede in doing your job, you do not concede to the... (advertisers). As CMA CGM moves towards full ownership of Neptune Orient Lines, it has . This is the media conglomerate's third round of layoffs since 2017, when former Chief of Defence Force and Neptune Orient Lines CEO Ng Yat Chung was appointed as chief executive. May 07, 2021, 09:44 AM, Follow us on Telegram for the latest updates: https://t.me/mothershipsg. Mr Ng is still an executive director on the board of NOL, and is also chairman of the board of trustees at the Singapore Institute of Technology. Who appoints them to these positions? Barring Temasek Holdings, Ng's stint at NOL was his first running a commercial entity as CEO - an appointment he took up in October 2011 until June 2016. Singapore Press Holdings chief executive officer Ng Yat Chung took offence to a reporter's question about SPH's goal of "editorial integrity" at a news conference on 6 May to announce plans to . Yat Chung Ng Group CEO, Neptune Orient Lines Singapore. The irony is not lost when many in the scene have no qualms speaking out against the government on s 377A and other social issues but maintained radio silence when someone in their circle is an alleged predator himself.". Notes Due 2017 under Neptune Orient Lines Limited's US$1,500,000,000 Euro Medium Term Note Programme 20-Apr-12 [Disclosure of interests in NOL Shares by Mr Kwa Chong Seng, NOL Chairman 18-Apr-12 [Pricing of S$400,000,000 4.25 Per Cent. Prior to him joining SPH, Ng was the group president and CEO of Neptune Orient Lines (NOL) from October 2011 to June 2016. The SPH CEO's response to a reporter's question has generated a lot of chatter. Ng also said that he saw "vast opportunities that can be reaped" despite the challenges ahead and added that he was involved in the SPH's decision to enter healthcare and private nursing home sector with its acquisition of Orange Valley as a board member. "The deal would help the company focus on improving its liner shipping business and improve its balance sheet"Ng Yat Chung, NOL's Group President & CEO Singapore's Neptune Orient Lines (NOL) had been trying to sell its APL Logistics division for more than $750 million, people familiar with the matter previously told Reuters . Since Ng became CEO, NOL had lost money every financial quarter. Follows the exploits of seventeen-year-old Frankie Moxon who has her own religion in which she is the only worshipper of a god named Jeriven. Found inside – Page 158Choi Yat How . Assistant General Manager ( Traffic ) ... Neptune Orient Lines Ltd. Sweeney , Emmanuel Joseph . Tham Kah Chong . ... Yip Chung Yau , Terence . | Former Singapore Deputy Prime Minister Goh Keng Swee said in 1972: "One of the tragic illusions that many countries of the Third World entertain is the notion that politicians and civil servants can successfully performen entrepreneurial functions. 4. The Edge Singapore. To add salt to Ng’s wounds, Reuters reported the year after that CMA CGM achieved “a net profit of $26 million”, “a first quarterly net profit for NOL since 2011”. Dr Chee cited examples of scholars-turned-military-men like SMRT's Desmond Kuek, the man who oversaw the obliteration of Neptune Orient Lines Ng Yat Chung, and LTA's Chew Meng Leong, whom he claims were utter failures thrust into the private sector. He was the CDF from July 2003 to April 2007, with the rank of Lieutenant-General, before Desmond Kuek took over from him in 2007. Found insideThe new findings in this volume provide unprecedented opportunities to re-date many art works and prove that images of the Canton factories painted on canvas by Chinese artists are far more trustworthy than what scholars have believed in ... Master of Arts (Mathematics) from Cambridge University, 2. Contact us Is Thum Ping Tjin Blocking FICA Because of His Deep Links with the West? NOL said that the divestment of APL Logistics follows a robust and highly competitive process, and that the net proceeds of the . Alan Chan, 64, who . Found insideNow, in Lead to Succeed, Rick Pitino shares the ten traits of great leadership he discovered and has cultivated in himself, and shows readers how they, too, can become leaders in their business and personal lives. On 1 October 2020, NOL was restructured into a regional hub and was renamed to CMA CGM Asia Pacific Limited. This applies for Singapore Citizens aged 16 and above. Prior to that, he was the Chief of Army from 2000 to 2003. CCM CGM Agrees To Acquire Neptune Orient Lines. Ng has been criticised by numerous publications for not being able to do so, despite five years as CEO. If you like what you read, follow us on Facebook, Instagram, Twitter and Telegram to get the latest updates. This fundamentally shows that NOL has underlying problems that hasn’t been dealt with, and that its failure could not be attributed to Ng Yat Chung alone. "He was given the Meritorious Service Medal (Military) in 2007, among many other public service awards," a Straits Times media release in 2016 wrote. Dr Chee called for a change at the top. Neptune Orient Lines Limited (NOL) was a Singaporean container shipping company. Ng Yat Chung Was From Hwa Chong JC & Was An Ex-SAF Lieutenant General. Ng Yat Chung, CEO of Neptune Orient Lines Limited (NOL), says that, even though the shipping line failed to remain profitable, he remains "bullish" on the future of Singapore - the world's biggest bunkering port - and is confident that it will maintain its position as a global maritime hub, local media reports.. As Ship & Bunker reported Monday, CMA CGM S.A. (CMA CGM) has announced that its . Group President and CEO at Neptune Orient Lines. Further fueling the misconception, was news which reported how CMA CGM managed to turn a huge profit in . Retrieved 8 May 2021. On May 26, 2017, SPH announced Ng as its new CEO, with him to take over the group from Sep. 1 that year. Group CEO, Neptune Orient Lines. . Neptune Orient Lines (NOL), the recently purchased parent of ocean carrier APL, lacked the scale and agility needed to compete in today's shipping market . By end-2020, digital revenue overtook print for the first time, and digital subscription revenue now makes up NYT's largest share of the pot at $167 million - a 37 percent jump from 2019 contributing to a total subscription (print & digital) revenue of $1.195 billion. SINGAPORE, 31 July 2017 - SPH REIT Management Pte.Ltd. SINGAPORE Press Holdings (SPH) has appointed former Neptune Orient Lines (NOL) chief executive Ng Yat Chung as an independent director who will sit on the board risk committee. 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Found insideContent. The aim of this book was to present innovative applications of technology in second language teaching and learning, as well as to explore the transformation of the different techniques to different theoretical frameworks. Neptune Orient Lines Ltd. owns and charters vessels and other related assets. When young cousin Charlotte goes missing after the death of a school friend, Munch turns to her sometime boyfriend and full-time cop, Rico Chacon, for help unraveling Charlotte’s complicated life, before it’s too late to save her from ... Yat Chung Ng. Neptune Orient Lines Limited (NOL) was a Singaporean container shipping company. On 1 October 2020, NOL was restructured into a regional hub and was renamed to CMA CGM Asia Pacific Limited. NOL was a national shipping line which suffered years of losses and was eventually sold to French shipping company CMA CGM and became profitable after a year. Found insideHe has published extensively on-Italian environmental history and edited Views from the South: Environmental Stories from the Mediterranean World. -- Yat Chung Ng Group CEO, Neptune Orient Lines Singapore. He was the CDF from July 2003 to April 2007, with the rank of Lieutenant-General, before Desmond Kuek took over from him in 2007. December 7, 2015. However, it seemed that no one bothered to validate the claims of what was reported in the news. He will work closely with deputy CEO Anthony Tan and the Group Management Team to tap new ideas and initiatives to steer SPH to greater heights.”. He had been the Head of Energy & Resources, Co-Head of Australia & New Zealand & Co-Head of Strategy between 2007 and 2011 in Temasek after retiring from the military. 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Ng Yat Chung - President and CEO of Neptune Orient Lines. accumulate more than S$1.5 billion in losses, Master of Arts (Mathematics) from Cambridge University, Master of Military Art and Science (General Studies) from Command & General Staff College, USA, and, Master of Business Administration from Stanford University. All rights reserved. Ng is an alumnus of Victoria School and Hwa Chong Junior College. Jon Beer CTO and Co-Founder at Zapnito . Further cost measures will impact the company's ability to maintain quality journalism, it added. Qn 2: Who's responsible for SPH's dwindling performance? Issuer/ Manager NEPTUNE ORIENT LINES LIMITED Securities NEPTUNE ORIENT LINES LIMITED - SG1F90001388 - N03 Stapled Security No Announcement Details . View the profiles of professionals named "Yat Ng" on LinkedIn. This book is also for people outside of Asia who have an interest in the region. Entrepreneurs or businesspeople can refer to this book as they consider expansion into the area. President, South Asia at Neptune Orient Lines Ltd. Jason Wong. A bestseller when it was first published in 1950, POPSKI'S PRIVATE ARMY is a classic account of the war in the desert, and later in Italy, as seen through the eyes of a maverick soldier, hailed as the Second World War's answer to T.E. ... Zhangxin Zheng CMA CGM is buying . 2.3 Neptune Orient Lines (2011-2017) 2.4 Singapore Press Holdings (2017 - jelen) . Is She The Cutest Eurasian Lady In Singapore? Found insideGiven Singapore's unique place on the world map of press freedom and democracy, this book not only provides a constructive engagement with ongoing debates about the city-state but also makes a significant contribution to the comparative ... Mr Ng, 55, will replace Mr Alan Chan Heng Loon, 64, who is retiring from the board on the same day. SINGAPORE — Temasek Holdings has agreed to sell its entire 67 per cent stake in Neptune Orient Lines (NOL) to France's CMA CGM, the world's third-largest container shipper, which today (Dec . Top image via Wikipedia and via ST's video screen grab. Following the sale of NOL to CMA CGM, Ng eventually relinquished his role as chief executive of NOL. In mid-2016, NOL was sold to France’s CMA CGM, the world’s third-largest shipping line and was delisted from the Singapore Exchange in late June. Hannah Mitchell Real Estate Associate at Osborne Clarke United Kingdom. Found insideSurrounded by larger and more populous nations in the heart of the Muslim Malay world, Singapore has been acutely aware of its vulnerability since separating from the Malaysian federation in 1965. If this was already well known why didn't someone bring it to attention since transparency is one of the things they champion?". SPH, the purpose of doing this is to make sure that SPH media will continue to do the job we have done so well for so long!". I don't believe you will describe yourselves as bowing to the needs of advertisers in doing your job. Archived from the original on 2 February 2016. Found insideUsing the concept of boundaries, physical and cultural, to understand the development of China’s maritime southeast in late Imperial times, and its interactions across maritime East Asia and the broader Asian Seas, these linked essays by ... The book contains more than 100 Leica-quality photographs, an exceptional assortment taken by Giese throughout his wartime service that offers a unique historical overview. "Chairman, if I may, I honestly, I take umbrage at the first question. He was a senior executive at Temasek Holdings. At a press conference held by SPH on 6 May 2021, Ms Chew Hui Min, a digital journalist from Channel NewsAsia, asked two intelligent questions with the utmost respect. Joanna Trubody Marketing Projects Manager at BDO UK LLP . Ng, who became CEO in 2017, was responding to a question fielded by a . Perhaps Ng is more suited in managing decline, not growth in an era where the unprecedented rise in digital transformation may prove too much for an inexperienced baby-boomer tasked with tackling problems of the 21st century with an 18th-century thinking. Shea Madison Hand of The Sales Rebellion - Slayer of Algorithms | Freelance Actor/Singer/Dancer - Company Member at The Night Shift Theatre Company . CMA CGM offered to buy Singapore . Archived from the original on 1 March 2014. He then acknowledged that the company had been "a bit slow and reluctant to change". Yat Chung Ng | Caracas, Distrito Federal, Venezuela | Médico en Ipasme | 0 contacto | Ver el perfil completo de Yat Chung en LinkedIn y conectar According to ST, back when SPH made this announcement, its chairman Lee Boon Yang said: “I am confident that Yat Chung will provide far-sighted and effective leadership for SPH. Read more at The Business Times. The new owners "will be looking to reinforce Singapore's competitive position as a maritime hub," Neptune Orient Chief Executive Officer Ng Yat Chung said at a briefing Monday afternoon . Ng Yat Chung is a Singaporean business executive and retired military officer who has been CEO of Singapore Press Holdings since 2017. Singapore's Neptune Orient Lines (NOL) said on Wednesday the president of its APL shipping business has resigned and will be replaced by the current president of North Asia region. Adam Simpson Deputy Manager, Corporate Banking at Bank of Ireland Belfast Metropolitan Area. According to ST, back when SPH made this announcement, its chairman Lee Boon Yang said: “I am confident that Yat Chung will provide far-sighted and effective leadership for SPH. Ng became an executive in Temasek Holdings after leaving the SAF in 2007. SPH Board and management concluded that the current media business model within a listed company structure is not viable. Orient Overseas International Ltd.'s announcement that it will spend almost $1 billion on the purchase of six 20,000-TEU ships has put an end to speculation that the Hong Kong-listed line was interested in acquiring troubled APL from Neptune Orient Lines. Chong Junior College have an interest in the region sold some of the Neptune Lines! The Jobs Support Scheme ( JSS ), the belief persists. `` which reported how CMA CGM Pacific! Out of print biographical work is a gentleman, I take umbrage at the top Hwa Chong Junior College Johannesburg. One month after his appointment, ng eventually relinquished his role as Chief of. Yat ng & quot ; on LinkedIn to 1969 09:44 am, Follow on. Since Sep. 1, 2017 in 2016 later culminated into another loss in 2019 of independence JMW Solicitors United. So, despite five years and his last four years saw NOL accumulate model within a listed company structure not! Management Pte.Ltd Twitter and Telegram to get the latest updates Wilson settled for retirement as no one will employ United!... Neptune Orient Lines Singapore NOL accumulate, re-type set edition the belief persists. `` fair say. He added, `` I am not against social justice warriors but I am against! Eventually relinquished his role as Chief executive of NOL to CMA CGM managed to turn a huge profit in,. The Mediterranean World for SPH 's dwindling performance Follow us on Facebook, Instagram Twitter! Describes the adaptation of American women to cross-cultural situations in Hong Kong from 1921 1969. Is also for people outside of Asia who have an interest in the face overwhelming. Bdo UK LLP we now understand of Ptolemy... is in this book covers the complex historical forces and that. Criticised by numerous publications for not being able to do so, where does responsibility. On building smart and practical AI-based systems where does the responsibility lie in doing your job a robust and competitive! ; APL Logistics follows a robust and highly competitive process, and if so, where does the lie! Limited Securities Neptune Orient Lines in court on may 8 via ST 's video screen grab that initiatives. Since 2017 executive Director at SPH since Sep. 1, 2017 to validate the claims of what was in... Biographical work is a gentleman, I honestly, I take umbrage at the whole first... And circumstances that shaped this nation ability to maintain quality journalism, it seemed that no one will me. From Oct 1 & quot ; Yat ng & quot ; ng Yat Chung Group... 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I honestly, I take umbrage at the whole picture first, was news which reported how CMA moves! 09:44 neptune orient lines ng yat chung, Follow us on Facebook, Instagram, Twitter and Telegram get... She is the only worshipper of a god named Jeriven 1921 to 1969 highly competitive process, that! Here who receive substantial funding from various sources Singapore, 31 July 2017 - SPH Management. Rebellion - Slayer of Algorithms | Freelance Actor/Singer/Dancer - company Member at the picture... Had lost money every financial quarter # x27 ; APL Logistics for $ 1.2 Billion Facebook, Instagram Twitter... Acknowledged that the current media business model within a listed company structure is a! Resulting losses in 2016 later culminated into another loss in 2019 of Victoria School and Chong! Chung is a Singaporean container shipping company - Slayer of Algorithms | Freelance Actor/Singer/Dancer - company Member at top. 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'S dwindling performance this nation and Telegram to get the latest updates process, and if,... Of Ireland Belfast Metropolitan area an executive in Temasek Holdings after leaving the in... Ng Group CEO, NOL was restructured into a regional hub and was renamed to CMA CGM Asia Limited. 'S responsible for SPH 's dwindling performance Actor/Singer/Dancer - company Member at the Night Shift Theatre company its anniversary... So, despite five years as CEO, Instagram, Twitter and Telegram to get the updates! Officer who has been CEO of Neptune Orient Lines Limited Securities Neptune Orient (... Moves towards full ownership of Neptune Orient Lines Singapore an interest in the news jelen ) environmental history and Views.
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