Capt. Price is a Master Mariner by training and a Manager by profession. He has been the General Manager of Pelican Offshore Services Pte. Ltd. since July 2001 and a Director since November 2006. He is responsible for the Group's fleet of Anchor Handling Towing and Supply vessels (AHTS) and
high-speed crewboats that serve the offshore oil and gas industry.

Capt. Price brings to the Group a wealth of experience spanning more than 30 years in the offshore oil and gas industry. During his seagoing career, he has served as a Master on numerous types of offshore support vessels around the world.

Since coming ashore in 1989, Capt. Price has held Senior Management positions in the United Kingdom, Vietnam, Indonesia and Singapore at major offshore services companies, with key commercial and operational responsibilities.

Capt. Price’s holds a “Master Mariner Class 1” Certificate of Competency.

Mr. Ong is in charge of all shipbuilding and ship repair operations in the Group's specialised shipyards. He was appointed as Director of Penguin Shipyard International Pte. Ltd. on November 2006.

Prior to joining the Group, Mr. Ong was the Chief Operating Officer at Yongnam Holdings Ltd., a Singapore-listed construction company. Originally trained as an accountant, he built up his career with Hitachi Zosen Robin Dockyard Pte. Ltd. (later known as Keppel Hitachi Zosen) over 24 years, focusing on regional marketing and commercial activities. His contributions at Hitachi Zosen earned him four promotions.

Mr. Ong holds a Bachelor of Commerce, a Master of Practising Accounting, a Master of Business (Accounting), and is a member of the Certified Practising Accountants, Australia and the Institute of the Certified Public Accountants of Singapore.

Mr. Chung joined SMAC Air Services Pte. Ltd. in May 1997 as Station Manager in charge of air cargo operations between Seletar Airport, Singapore and Hang Nadim Airport, Batam. He joined Penguin Speed Cargo Pte. Ltd. in June 2000 as Operations Manager for sea cargo operations between Singapore and Batam. He was appointed as General Manager in November 2006, and took over management responsibilities for both companies. Prior to that, he was the boarding officer for a major local shipping company for more than six years. He was appointed to the Board of Soon Tian Oon Pte. Ltd. in April 2006.

Since November 2006, Mr. Chua has been the Advisor responsible for the Group's high-speed freight forwarding business between Singapore and the Riau Islands. He was previously.

Mr. Chua joined Penguin Speed Cargo Pte. Ltd. in 2000, after serving in a senior management role in SMAC Air Services Pte. Ltd. and a major German pharmaceutical company. He has more than 30 years experience in international marketing, management and administration. He was appointed to the Board of Soon Tian Oon Pte. Ltd. in 2004.

Mr. Chua holds a Diploma in Business Administration from the National Productivity Board.

Mr. Lui’s main responsibilities are business development and marketing in support of the various divisions of the Group.

He is a veteran in the international marine and port business, with a working technical knowledge in marine craft and equipment. Prior to joining the Group, Mr. Lui had worked for Intraco Ltd. for 13 years, where he last served as Manager in the company’s Engineering and Projects Business Unit. He previously served as a manager at Twin Disc (Far East) Ltd. for 14 years.

Mr. Lui is a member of the Society of Naval Architects and Marine Engineers Singapore and holds a Diploma in Business Administration from the National Productivity Board.

Mr. Tham worked as a petroleum journalist at an international oil and gas newspaper for eight years before joining New York- listed Seacor Smit Holdings in 2002 as Business Development Manager. While at Seacor, he was involved in various aspects of the company’s offshore services business, including the chartering and trading of Anchor Handling Towing and Supply vessels (AHTS), contracts negotiation, setting up overseas joint ventures, as well as mergers and acquisitions.

Prior to joining Penguin, Mr. Tham served as a Corporate Advisor to several independent oil exploration companies in Australia and Singapore. His primary duties in Penguin include strategic business development for the Group focusing on key overseas markets, mergers and acquisitions, and investor relations. In November 2006, he was appointed a Director of Marlin Industrial Services Pte. Ltd. and Pelican Offshore Services Pte. Ltd.

Mr. Tham holds a Bachelor of Science Degree in Journalism and a Bachelor of Business Administration Degree.