01.03.2010

Tat Hong introduces new management structure

Singapore based crane company Tat Hong, has introduced a new management structure for its operations.

The new structure is aimed to highlight four separate businesses in Australia, China and Asia, with four separate chief executives

Tony Ng and Michael Ng, the deputy managing director
executive directors of Tat Hong will share responsibilities for the Group’s extensive Asia (ex-China) region, with Tony Ng overseeing the Indonesian, Vietnam and Middle Eastern markets while Michael Ng will focus on Malaysia,
Thailand and Hong Kong.

In the Singapore market Tony Ng will take care of the rental and heavy lift divisions while Michael Ng will be responsible for equipment sales and offshore/marine operations.

Patrick Ng, the current managing director of Tat Hong Plant Leasing, will be stepping down from his current post for “health reasons”, but will remain as executive director, dealing with crane and equipment rental.

Tony Ng will assume the role of acting managing director. Both Tony and Michael Ng will report to Tat Hong’s president Roland Ng.

In Australia David Haynes, currently managing director of the group’s subsidiary, Tutt Bryant Group, has been appointed as chief executive Tat Hong Australia, with responsibility for company’s three key business areas in Australia – equipment sale and distribution, crane hire and haulage and general plant and equipment hire.

Australia represents 58 percent of the groups revenues.

Extending our Lead in the China Tower Crane Rental Market

Roland Ng will act as chief executive of Tat Hong’s five tower crane rental subsidiaries in China as well as the group’s investment in its 24 percent owned Yongmao Holdings. He will be supported by the head of corporate, China,
Sean Yau, who is also a director of Shanghai Tat Hong Equipment Rental Co.

Roland Ng said: “Our restructuring efforts and portfolio streamlining has
come at an opportune time, as markets around the world observe premature signs of a gradual recovery. With the implementation of the formal management structure and designated portfolios, we are well-poised to fortify and extend our regional presence.”