Mr Ng Yat Chung, currently the CEO of Neptune Orient Lines (NOL) would take over Mr Alan Chan to be CEO of Singapore Press Holdings with effect from 1 Sep 2017. Mr Ng Yat Chung has spent a large part of his career with the SAF, becoming the Chief of Army and then the Chief of Defence where he assumed the rank of a Lieutenant-General (LG). Thereafter, LG(NS) Ng assumed the position of Senior Managing Director of Temasek Holdings before taking the helm of NOL as its CEO.
I believe there would be a new direction for SPH under a new CEO. I really hope SPH would go into e-commerce as part of its diversification business away from its traditional print media business. The market for e-commerce is not saturated yet especially in Asia and other developing countries and therein lies good opportunities and great potential for SPH to grow. ......