SHS Holdings appoints Teng Choon Kiat as non-executive and non-independent director

He is the founder and group managing director of Entraco Group of Companies.

Mr Teng is the founder and Group Managing Director of the Entraco Group of Companies. The Entraco Group of Companies are engaged in property and offshore asset management, vessel's tank cleaning, corrosion control services, structural steel fabrication, distributorship representing major OEM to marine and oil & gas companies in this region, Europe and Brazil.

Part of Mr Teng's business is engaged in the corrosion prevention services for the marine, offshore, oil & gas sector which the Group also engages in. However, the customer base and business segments are different and hence does not compete with each other.