Halcyon Agri is a global leader in natural rubber, supporting the world’s growing mobility needs through the origination, production and distribution of natural rubber. Our products are essential to keep the world moving. The tyres on cars, trucks, agricultural vehicles, aeroplanes and bicycles, as well as many industrial and commercial products, all need the natural rubber that we produce.
We are headquartered in Singapore and listed on the Singapore Exchange. Our key operating assets are located in Indonesia, Malaysia, Thailand, China and Africa and are supported by a network of logistics assets and sales offices in Southeast Asia, China, South Africa, Europe and the United States. Halcyon Agri’s businesses have a rich history, tracing their roots back to the 1930’s with the founding of PT Hok Tong and PT Rubber Hock Lie in Indonesia, pioneer natural rubber producers in South East Asia. Today, Halcyon Agri’s workforce comprises 13,000 dedicated individuals.
We are a dynamic network of people & assets with the scale, scope & reach to provide the rubber that keeps the world moving.
PT. Rubber Hock Lie established as NV. Handel Maatschappij En Rubberfabriek Hock Lie, based in Medan, North Sumatra, Indonesia.
PT. Hok Tong established as NV. Handel Maatschappij Hok Tong, based in Palembang, South Sumatra, Indonesia.
PT. Hok Tong Kalimantan factory established.
PT. Sunan Rubber established as NV. Sunan Handel Maatschappij based in Palembang, South Sumatra, Indonesia.
PT. Remco established as NV. Hadji Djamaloedin and Hadji Shamsoedin Rubber Remilling Company, based in Palembang, South Sumatra, Indonesia.
PT. Rubber Hock Lie establishes an additional factory in Rantau Prapat, North Sumatra, Indonesia.
PT. Hevea MK founded as PT. Muara Kelingi and commenced operations in Palembang, South Sumatra, Indonesia.
PT. Sunan Rubber converts operations from remilling to producing Standard Indonesian Rubber.
PT. Hok Tong establishes additional factory in Jambi, Indonesia.
NV. Handel Maatschappij En Rubberfabriek Hock Lie adopts Indonesian constitution and changes name to PT. Rubber Hock Lie.
PT. Remco factories are expanded and modernised.
Indonesia’s BKPM approves NV. Handel Maatschappij Hok Tong changing its name to PT. Perseroan Dagang Hok Tong.
Completion of relocation of PT. Rubber Hock Lie Pulau Brayan factory to its current location in Sunggal, Medan.
PT. Remco converts operations from remilling to producing Standard Indonesian Rubber.
PT. Remco establishes additional factory in Jambi, Indonesia.
PT. Hevea MK II established in Palembang, South Sumatra.
PT. Hevea MK factories convert operations from remilling to producing Standard Indonesian Rubber.
PT. Remco converts status from National Private Company to Foreign Investment Company (PMA).
PT. Perseroan Dagang Hok Tong changes its name to PT. Hok Tong.
PT. Perseroan Dagang Sunan Rubber changes its name to PT. Sunan Rubber.
Hevea KB I factory established in Chemor, Perak, Malaysia as Chip Lam Seng.
Hevea GE facory established in Jambi, Sumatra, Indonesia as PT. Golden Energi.
Hevea KB II factory established in Chemor, Perak, Malaysia as Chip Lam Seng.
Hevea Global established in Singapore as a natural rubber purchasing agent.
PT. Hok Tong II factory estabished in Palembang, South Sumatra, Indonesia.
Halcyon Agri established in Singapore.
Halcyon Agri acquires all the shares it did not already own in Hevea Global.
Halcyon Agri granted an option to acquire the Hevea MK I and Hevea MK II factories.
Halcyon Agri completes acquisition of Hevea MKI and Hevea MK II in February 2011.
Halcyon Agri completes its Initial Public Offering and is listed on the Catalist Board of the Singapore Exchange. Three acquisitions announced and two equity fund raisings completed.
Halcyon Agri completes 5 acquisitions (assets of Chip Lam Seng (Hevea KBI and Hevea KB II), JFL Agro (Hevea Estates), PT. Golden Energi (Hevea GE), Anson Company (including PT. Hok Tong, PT. Remco, PT. Sunan Rubber and PT. Rubber Hock Lie) and New Continent Enterprises). Acquisition of Centrotrade announced. Equity fund raising and maiden bond issue completed.
Listing upgraded to the main Board of the Singapore Exchange. Acquisition of CentroTrade completed.
Sinochem International make a cash offer for Halcyon Agri and becomes its parent company.
Halcyon Agri acquires 100% of GMG Global Ltd and acquires all the natural rubber processing and distribution business of Sinochem International.
Board of Directors
Liu Hongsheng Non-Executive Chairman
Mr Liu joined the Board and was appointed as Non-Executive Chairman on 16 January 2017. He is a Co-Chairman of the Strategy and Investment Committee.
Mr Liu is an Executive Director and President of Sinochem International Corporation. His previous roles in Sinochem International Corporation include Vice President of Sinochem International Corporation, Senior Vice President in the chemicals segment and General Manager of the logistics business division.
Prior to joining Sinochem in 2000, he was a Deputy Head of the Human Resources department of the Ministry of Foreign Trade and Economic Cooperation, and First Secretary of the Economic & Commercial Counsellor’s Office at the Chinese Embassy in Thailand.
Mr Liu holds a Bachelor Degree in philosophy from Peking University and an Executive Master’s Degree in Business Administration (EMBA) from Shanghai Maritime University.
Li Dajun Executive Deputy Chairman
Mr Li was appointed as Executive Deputy Chairman on 15 November 2016 and is also a member of the Nominating Committee. He is responsible for overseeing all key aspects of the Group’s business functions.
Mr Li was Senior Vice President at Sinochem International Corporation and General Manager of Sinochem Crop Protection Products Co., Ltd. He joined Sinochem International Corporation in 2002 and his previous appointments include General Manager (Agrochemical Business) of Sinochem International Corporation, General Manager of Sinochem International Corp Care Co., Ltd., and General Manager of Sinochem Argo Co., Ltd.
Mr Li also served as Assistant Lecturer at Taiyuan Institute of Education, principal staff member of Department of Foreign Trade and Economic Cooperation in Shaanxi province and currently serves as Director (since 2006) and Chairman of Nantong Jiangshan Agrochemical & Chemicals Co., Ltd.
Mr Li holds two Bachelor Degrees, one in Biology from Shaanxi Normal University and the other in International Trade from the University of International Business and Economics, and a Master’s Degree in Business Administration from Fudan University – BI Norwegian School of Management.
Robert Meyer Executive Director and CEO
Mr Meyer is Executive Director and Chief Executive Officer of the Group, and is also a member of the Strategy and Investment Committee. He is in charge of formulating and executing the strategic business development of the Group.
His responsibilities include overseeing the core aspects of the business such as plantation development, rubber processing operations, sales and marketing, and distribution operations.
He graduated with a Bachelor of Arts (Diplom- Betriebswirt) from the European Business School (Schloss Reichartshausen) in Oestrich-Winkel, Germany in 1999.
Pascal Demierre Executive Director
Mr Demierre was appointed to the Board on 8 July 2010, and also sits on the Audit Committee and the Remuneration Committee. He is responsible for all corporate matters including mergers & acquisitions, legal, corporate governance, corporate structuring, information technology, human resources and general administration.
He is also an Independent Director of The Hour Glass Limited (a company listed on the Mainboard of the SGX-ST) since 1 April 2011, and serves on the Board of Council Members and Treasurer for the Alliance Française, Singapore.
He graduated with a Bachelor of Law (Upper Second) from King’s College London, United Kingdom in 1998, and also holds a Graduate Diploma in Law from the National University of Singapore in 2002.
Alan Nisbet Lead Independent Director
Mr Nisbet is the Lead Independent Director and is also the Chairman of the Audit Committee. He also sits on the Remuneration Committee, Nominating Committee and Strategy and Investment Committee. He is currently the principal of Kanni Advisory, a consultancy firm that specialises in financial and business advisory services.
He is a member of the Board and the Human Resources and Finance Committee of the Accounting and Corporate Regulatory Authority (ACRA), and Vice Chairman of the Public Accountants Oversight Committee, which is responsible for the oversight of public accountants providing audit services in Singapore. He is a Director and the Chairman of the Audit Committee of Ascendas Property Trustee Pte Ltd (the Trustee-Manager of Ascendas India Trust), a Director and a member of Audit Committee and Remuneration Committee of KrisEnergy Ltd, and an Independent Director and Chairman of the Audit Committee of Standard Chartered Bank (Singapore) Limited.
From 1973 to 2011, he worked for Deloitte & Touche LLP (where he was made partner in 1989) and its antecedent firms in Australia, USA and Singapore, and was involved in the coordination and oversight of various aspects of the professional services rendered, including share valuations and due diligence reviews on behalf of multi-national and Singapore companies. Mr Nisbet was Head of Audit & Assurance Services for Deloitte Southeast Asia and was previously responsible for the establishment and operations of the Deloitte Enterprise Risk Service (ERS) function in Singapore and led that practice division for four years. In that capacity, he led and delivered corporate governance, risk management, internal audit and IT security services to Deloitte’s clients.
He is a member of the Institute of Singapore Chartered Accountants and formerly a practising Associate of the Institute of Chartered Accountants in Australia. He graduated with a Diploma of Business Studies (Accounting) from the Caulfield Institute of Technology, Melbourne, Australia in 1971.
Randolph Khoo Independent Director
Mr Khoo is an Independent Director and Chairman of the Nominating Committee. He also sits on the Audit Committee and the Remuneration Committee. He is currently a Director of Drew & Napier LLC, a corporation of advocates and solicitors, heads the dispute resolution practices of its China, India and International Trade Desks and Private Client Services Group.
He is an advocate and solicitor of the Supreme Court of Singapore, a Notary Public and a Commissioner for Oaths. He is a Fellow of the Singapore Institute of Arbitrators, Chartered Institute of Arbitrators, Hong Kong Institute of Arbitrators, Arbitrators’ & Mediators’ Institute of New Zealand and the Malaysian Institute of Arbitrators, as well as a Panel Arbitrator with the Singapore Institute of Arbitrators, Law Society of Singapore Arbitration Scheme, Shanghai Arbitration Commission, Shanghai International Economic And Trade Arbitration Commission, Shenzhen Court of International Arbitration, Kuala Lumpur Regional Centre for Arbitration, Chinese Arbitration Association, Taipei and the Malaysian Institute of Arbitrators. He is also a member of the International Bar Association, Society of International Law (Singapore), Law Society of Singapore and the Singapore Academy of Law.
Mr Khoo has been recognised by Chambers Global 2016 and the Asia Pacific Legal 500 as a leading practitioner in the area of dispute resolution in Singapore and China for the past four years, in addition to being endorsed by Best Lawyers International 2016 for arbitration and mediation in Singapore.
He graduated with a Degree in Law from the National University of Singapore with various academic prizes in 1989 and joined Drew & Napier LLC in 1990 after graduation.
Liew Choon Wei Independent Director
Mr Liew is an Independent Director and Chairman of the Remuneration Committee. He also sits on the Audit Committee and the Nominating Committee.
He is an Independent Director and Chairman of Nominating Committee of F J Benjamin Holdings Ltd (a company listed on the Mainboard of the SGX-ST), and also sits on the Board of The Hour Glass Limited as an Independent Director, a member of the Audit Committee and the Remuneration Committee. Mr Liew is also an Independent Director of the Frasers Hospitality Asset Management Pte Ltd (a manager of Frasers Hospitality Real Estate Investment Trust) and Frasers Hospitality Trust Management Pte Ltd (a trustee-manager of Frasers Hospitality Business Trust), since July 2014. He has been the Chairman of the Internal Audit Committee of Kuok (Singapore) Limited since March 2015.
Mr Liew joined Ernst & Young LLP (EY) in Singapore in 1979 after returning from London. He was the Audit Partner in charge of some of EY’s significant clients in the real estate, banking, media, hospitality, and retail industries until his retirement from the firm in March 2013.
He is a Fellow Chartered Accountant of the Institute of Singapore Chartered Accountants and formerly a practising Fellow of the Association of Chartered Certified Accountants.
Raymond John Ferguson Independent Director
Mr Ferguson was appointed as an Independent Director on 15 November 2016 and is a Co-Chairman of the Strategy and Investment Committee.
Mr Ferguson is an experienced international banker with over twenty years of senior management experience. He has served as Chairman and Director of several Standard Chartered Bank (SCB) subsidiary boards. His last role with SCB was Chief Executive Officer of SCB, Singapore from Aug 2009 until March 2014, in addition to his role as Regional Chief Executive Officer, Southeast Asia, a position which he held from December 2007 to January 2012. He was the Group Deputy Chief Executive Officer, Executive Vice President and Group Chief Banking Officer of Arab Banking Corporation from April 2014 to January 2017, and is currently the Executive Chairman of Caber Financial Pte Ltd.
Mr Ferguson holds a Masters Degree in Business Administration from Henley Management College and Brunel University, and is an Associate of the Institute of Bankers in Scotland. He was also a Distinguished Fellow of the Institute of Banking and Finance Singapore, and is a member of the Singapore Institute of Directors.
Wang Wei Non-Executive Director
Mr Wang joined the Board as Non-Executive Director on 3 May 2017. He is an Executive Director of the Infrastructure and Energy Investment Department at China-Africa Development Fund (CADFund) since October 2009. At CADFund, he manages investments in several industries, including oil & gas, chemicals, power, telecommunications and infrastructure.
He also serves as a Director of HNA & CADF Logistics Co. Ltd since November 2013, and a Director of Nanjing Ocean (CM) Co. Ltd since April 2016.
Mr Wang holds a Master’s Degree in International Relations, and a Bachelor of Arts in International Economics and Trade, from the China Foreign Affairs University. He is also an alumni of Johns Hopkins University-Nanjing University, Center for Chinese and American Studies, having graduated from the institute in 2004.
Andrew Trevatt Chief Commercial Officer
Andrew Trevatt is responsible for commercial affairs of the Group. He has more than 30 years of experience in the natural rubber industry.
He started work in 1982 as a junior auditor / assistant to the senior accountant at Aarons Grew & Woodcroft, Certified Accountants, London. In 1986, he commenced working as a trader for Lewis & Peat (Rubber) Ltd, London, and stayed with the company for 14 years till 2000. His last position held at Lewis & Peat (Rubber) Ltd London, was Trading Director. In 2002, he went on to work in Sri Trang International Pte Ltd as its Chief Executive Officer.
In 2007, he joined Louis Dreyfus Commodities Asian Pte Ltd as a Head of Rubber Trading, before co-founding Halcyon Agri in 2010. He studied in Meopham Secondary School and graduated in 1982.
Kashimoto Michikazu Managing Director - New Continent Enterprises
Kashimoto Michikazu joined Halcyon Agri in October 2015 as Global Head - Risk, Liquidity & Hedging and was promoted to the role of Global Head – Trading in October 2016.
He is currently the Managing Director of New Continent Enterprises which runs the China business. He commenced his career in 1986 at Marubeni Corporation, a general trading company in Japan. Prior to joining Halcyon Agri, Kashimoto was Managing Director of Marubeni International Commodities (Singapore).
Kashimoto brings extensive knowledge of the natural rubber industry, with more than 31 years’ experience in the industry ranging from operating a natural rubber processing factory to trading in the natural rubber physical and futures markets.
He holds a Bachelor of Laws from Keio University in Tokyo, Japan.
James Bugansky Chief Executive Officer - Africa
James Bugansky is responsible for leading the development and execution of the Group’s long-term strategy for its operations in Africa. He joined Halcyon Agri in October 2013 and was responsible for analysing, maintaining and ultimately improving the Group’s technical resources in factories and rubber plantation estates.
Prior to his appointment, he had worked as an exclusive consultant for Halcyon Agri since May 2013. James has more than 37 years of experience in natural rubber processing and plantations. Following his graduation from the Ohio State University in 1976, he started work in the rubber industry as the Plantation Management Trainee of PT Goodyear Sumatra Plantation before moving up to be the Assistant Managing Director of Goodyear Guatemala Plantation, and subsequently Goodyear Brazil Plantation.
From 1984 to 2001, he held a senior management position at The Goodyear Tire & Rubber Company’s headquarters covering different areas from research and development (Senior Research Fellow – Research / Corporate), administrative management (Manager Plantation Operations), purchasing to inventory and material management (Global Materials Manager).
In 2001, he returned to plantation work at PT Goodyear Sumatra Plantation Company in Indonesia as General Manager and Director. Thereafter, he worked as the Factories Operations Manager at Firestone Liberia from 2007 to 2009 taking responsibility for three natural rubber processing factories and one rubber wood factory. Following this, and prior to his service with Halcyon Agri, he was an independent consultant and worked for GMG Global as the General Manager, Industrial Performance/ EHS.
Ng Eng Kiat
Chief Financial Officer
Chief Executive Officer - Indonesia
Ng Eng Kiat joined Halcyon Agri in 2013. He is responsible for the Group’s financial affairs, including corporate finance, treasury, capital management and acquisition financing.
In addition, he is closely involved in the Group’s merger and acquisition strategies and activities, including the detailed supervision of the integration of such newly acquired businesses. He is also the Chief Executive Officer – Indonesia, responsible for leading the development and execution of the Group’s long-term strategy for its operations in Indonesia.
Prior to his appointment as the Group Financial Controller of Halcyon Investment Corporation Pte Ltd in 2011, he was in the audit and assurance services with KPMG LLP, Malaysia (2002 to 2005), Ernst and Young LLP, United Kingdom (2005 to 2010) and Ernst and Young LLP Singapore (2010 to 2011).
Leonard Beschizza Chief Executive Officer – Malaysia and Thailand
Leonard Beschizza is responsible for leading the development and execution of the Group’s long-term strategy for its operations in Malaysia and Thailand.
Leonard started working as a trader with Pacol Ltd, London, a member of the Gill & Duffus Group in 1971. He went on to become a Director of Pacol Sdn Bhd and Pacol Singapore in 1976. In 1978, he returned to Pacol Ltd, London, to head the natural rubber trading desk and was appointed as a main board Director in 1985. In 1987, he went on to become the Director of Centrotrade Singapore and headed the natural rubber trading team at Centrotrade Singapore.
In 1995, he headed the sales and marketing department in PT PP London Sumatra Indonesia and dealt with the price risk management of agricultural products. In addition, he was a moderator at the Indonesian Palm Oil Association or GAPKI (Gabungan Pengusaha Kelapa Sawit Indonesia) conferences in 2008, 2009 and 2010.
He joined Halcyon Agri in 2010. After working for about 44 years in the natural rubber and agricultural industry, he is experienced in most aspects of the natural rubber business, including the processing and trading of physical rubber and futures. He also has an in-depth knowledge of the palm oil and cocoa industry. He studied in Forest School, Snaresbrook, Essex, England and graduated in 1968.
Lee Chestnutt Global Head - HeveaPRO Technology and Standards
Lee Chestnutt joined Halcyon Agri in 2013 as Head of Operations for Group’s factory in Ipoh, Malaysia and was appointed as the Global Head - HEVEAPRO Technology and Standards on 1 January 2017.
He is responsible for ensuring that all Halcyon Agri assets and products conform to the highest standards as laid out in the HEVEAPRO mandate, which covers environmental, health and safety as well as quality, product specifications and processing technology.
He started work in 1992 as a process engineer for the United Kingdom Atomic Energy Authority, in their high enriched Uranium processing plant. In 1995, he entered the rubber industry, worked for Goodyear Tire and Rubber Company as Project Manager and subsequently Production Director in their plantation based in Sumatra, Indonesia, before transferring to its purchasing office in Singapore. He last role with Goodyear was Manager-Supply & Quality Development, focussing on developing high-quality supply of rubber from Africa for use in European tyre plants.
Lee graduated from the University of Newcastle-Upon-Tyne with a Bachelor’s Degree (Honours) in Chemical & Process Engineering.
Guenter Mueller Joint Global Head - Industrial Distribution & Latex
Guenter Mueller joined Halcyon Agri through the acquisition of Centrotrade Deutschland GmbH in June 2015, where he has acted as Managing Director since January 1999.
Geunter started his career at an international forwarding agency gaining work experience all around Europe, and entered the rubber industry in August 1985 where he joined Kautschuk GmbH, thereby starting his 31 year tenure in this industry. He joined Centrotrade Deutschland GmbH in 1999 and brings extensive knowledge and understanding of the business to the Group, and is primarily responsible for Halcyon Agri Industrial Distribution & Latex division.
Horst Sakreida Joint Global Head - Industrial Distribution & Latex
Horst Sakreida joined Halcyon Agri through the acquisition of Centrotrade Deutshland GmbH in June 2015, where he has acted as Managing Director since January 1999.
Horst joined Kautschuk GmbH as a trainee in 1978, and worked his way through the Latex and Revertex department as a trader and manager, before being appointed General Manager in 1988. He held this position until 1999 when he joined Centrotrade Deutschland GmbH as Managing Director.
He has a long history and understanding of the latex industry in particular and is primarily responsible for Halcyon Agri Industrial Distribution & Latex division.
Tan Poh Tee Managing Director – Hevea Global
Tan Poh Tee joined Halcyon Agri as Managing Director of Hevea Global in February 2017. He is responsible for all commercial and business development activities.
Poh Tee has more than 31 years of experience in the natural rubber industry. He started work at Cargill’s grain division in 1983 and moved into its rubber division as a Junior Trader in 1986. During his 22 years of service with Cargill, he played a leading role in supervising its natural rubber operations in New York, London, Japan, Malaysia, Thailand, Vietnam and Singapore, and also led the Cargill team in the formation of a joint venture company, R1 International Pte Ltd. Poh Tee joined the Southland group in 2005, establishing and heading the operations of Feng Nian Company Pte Ltd (n.k.a. Southland Global Pte Ltd) as its Managing Director until 2016.
Poh Tee graduated with a Bachelor of Arts from the National University of Singapore in 1983.
Global Head – Supply Chain Management, Tyre Majors
General Manager – Shanghai
Yang Yu is the Global Head – Supply Chain Management, Tyre Majors and is also the General Manager of the Group’s operations in Shanghai, China.
He joined Halcyon Agri through the acquisition of the natural rubber business of Sinochem International Corporation Co., Ltd. in October 2016.
He takes a leadership role in executing effective and efficient supply chain services for the Group’s Tyre Majors businesses, and is responsible for supervising and overseeing the Group’s operations in Shanghai, China.
Yang Yu joined Sinochem group of companies in 1994 and worked in various departments including supply chain management, trading, strategy and risk control. His last role with Sinochem was Vice President of its natural rubber division.
He graduated with a Bachelor of Economy from the Xiamen University, China in 1994, and also holds a Master’s Degree in Business Administration from Dongbei University of Finance and Economics in 2001.
Daniel Thong Global Head - Strategic Development
Daniel Thong joined Halcyon Agri in 2017 and is responsible for the Group’s Strategic Development,
mergers & acquisitions and stakeholder communications. He is focused on identifying new opportunities
for the Group and executing investment decisions.
He has over two decades’ experience in investment management covering both public and private
sector, specialises in financial analysis, corporate development and technology evaluation & transfer.
Daniel started his career at Singapore Technologies Pte Ltd in 1995, then worked for Fortis International
until 2000, after which he held management positions at several technology start-ups in interactive
marketing and software application services.
From 2003 to 2014, he was the CEO of a single family office and managed a diversified portfolio of public and private investments. Prior to joining Halcyon, Daniel consulted with start-ups in Investor Relations and Advanced Manufacturing.
He graduated from Simon Fraser University in 1995 with a Bachelors of Business Administration, with
concentrations in Finance, International Relations and Marketing.