

On June 1, 2005, Dr. Tong was appointed as Executive Chairman and Chief Executive Officer of Taiga. He stepped down as Chief Executive Officer of Taiga on December 16, 2008. He remains a director on the Board. Dr. Tong is a businessman with interests in media, property development, building materials, infrastructure, power generation, technology and finance. A former banker, he is currently the Executive Chairman and Chief Executive Officer of UPP Holdings Limited, an infrastructure-related company, and HSR Global Limited, a real estate agency, both listed on the Singapore Exchange. He is also the Executive Chairman of The Edge Media Group, publisher of The Edge, a business and investment weekly newspaper in Singapore and Malaysia. Dr. Tong is also a Board member of M+S Pte Ltd., which is currently developing two projects in Singapore with a gross development value of $11 billion.