New Silkroutes Group Appoints New Chairman


New Silkroutes Group Appoints New Chairman


Singapore – 7 December 2016. New Silkroutes Group Limited (“NSG” or “the Group”) has named Mr Ho Sheng as the new chairman of its board of directors.

Mr Ho, who joined NSG’s board as Lead Independent and Non-Executive Director in June last year, will assume the role of Independent, Non-Executive Chairman from 8 December 2016. He has more than 25 years of experience in the financial services industry, especially in Asia’s equity markets.

Mr Ho, who is also the Non-Executive Chairman of Cordlife Group Limited, takes over from Mr Cai Sui Xin, who will step down from NSG’s board to focus on his own businesses. Mr Cai had been Executive Chairman since July 2012 before being re-designated as Non-Executive Chairman in October this year.

“We thank Mr Cai for helping to steer New Silkroutes Group to where it is today. Mr Ho is an excellent candidate to succeed Mr Cai given his deep corporate experience and keen interest in ethics and corporate governance, which will be useful to the company as we continue to grow our businesses across Asia and beyond,” said Dr Goh, NSG’s Group CEO.


About New Silkroutes Group Limited

New Silkroutes Group (Bloomberg: NSG SP) is a Singapore-incorporated company (established on 25 January 1994) listed on the Mainboard of Singapore Exchange Securities Trading Ltd (SGX). It is evolving into an investment holding company with core competencies in Capabilities Enablement, Capital Allocation, and (Policy) Analysis. The group, through its subsidiaries and associate companies, has exposure to key sector verticals, including Energy/Resources, Healthcare, and Infocomm Technology with a focus on Security & Governance.

For enquiries, please contact:

New Silkroutes Group Limited


WeR1Consultants Pte Ltd

3 Phillip Street, #12-01, Royal Group Building

Singapore 048693

Tel: (65): 6737 4844

Frankie Ho –