Mr. Chay Yee Meng
Director
Mr. Chay, a Singapore Chartered Accountant, began his working career as an Audit and Tax Assistant with Ernst & Young.
In 1982, Mr. Chay joined General Motors Singapore's Finance Department for five years handling accounting, costing and managing systems implementation. In 1987, he was named Director and Financial Controller of SCI Manufacturing, a US based electronics manufacturing company. He was later named SCI's Asia Regional Controller.
In 1992, Mr. Chay co-founded Natsteel Electronics (NEL), taking over a company which was about to be liquidated. As Founding Director and CFO of the company, Mr. Chay and his team of management, successfully turned the company into strong profitability and continued to grow the company for the next five years. In 1997, NEL launched the largest IPO in Singapore with a market capitalization in excess of $700 million. In 2000, NEL had become the 5th largest contract manufacturer in the world with revenue of $2 billion with subsidiaries in China , Malaysia , Indonesia , Thailand , USA , UK , Hungary and Mexico . In 2001, NEL was taken private in a $4 billion deal and merged with US-based Solectron Technology, Inc. Mr. Chay then served as Solectron's Vice President, heading its Finance operations in the Asia-Pacific Region until 2003.
Mr. Chay also co-founded ECS Holdings, and served as Founding Director and CFO until ECS went IPO in 2001. ECS grew from a $50m into a $2.5 billion company in 2008 when Mr. Chay left the company after a merger of ECS with another company.
Mr. Chay has held directorship in National Kidney Foundation Singapore , Trek 2000 International and ST Electronics (Info-Security). He currently holds durectorship with Nanofilm Technologies International, and Autoscan Technology and Infohub Pte Ltd. Mr Chay is also member of the Institute of Singapore Chartered Accountants CFO committee.