Mr.Serge Pun Theim Wai
Executive Chairman
Mr. Serge Pun is a Myanmar national and the Chairman of Serge Pun & Associates (Myanmar) Limited (“SPA”). In 1983, Mr. Pun founded Serge Pun & Associates Limited in Hong Kong SAR and eventually returned to the country of his birth to establish SPA in 1991. In 1992, Mr. Pun established First Myanmar Investment Company Limited (“FMI”) as one of the earliest public companies (unlisted) in Myanmar. In 2006, he led Yoma Strategic to a successful listing on the mainboard of the SGX-ST, and in 2016, FMI became the first company to list on the YSX. Mr. Pun is a member of the World Economic Forum’s ASEAN Regional Strategy Group and ASEAN Regional Business Council. He is a standing member of the Chinese People’s Political Consultative Conference of Dalian and a member of the Asia Business Council. He is also the Chair of the International Advisory Board of Singapore Management University for Myanmar, the Vice-Chairman and CEO of New Yangon Development Company (“NYDC”) and served as an Honorary Business Representative of the International Enterprise Singapore for Myanmar from 2004 till 2006. Mr. Pun is a frequent speaker in international forums on Myanmar and ASEAN.
Mr. Cyrus Pun
Chief Executive Officer and Executive Director
Mr. Cyrus Pun started his career working in the export industry in China and, prior to joining SPA, worked for Hutchison Port Holdings’ South China Commercial Division. Mr. Pun joined the SPA in 2007 to develop a mixed-used real estate project in Dalian, China.
Prior to his appointment as the Chief Executive Officer of Memories Group Limited, he was an Executive Director of Yoma Strategic Holdings Ltd. (“Yoma Strategic”) and headed the group’s Real Estate business from 2012 to 2018. During this time, he led the group’s several developments including some of Myanmar’s largest and most prominent projects. Mr. Pun was also responsible for bringing in international partners and investors for these projects. His last venture at Yoma Strategic was to initiate the company’s expansion into the affordable housing segment. Currently, Mr. Pun is a Non-Executive Director of Yoma Strategic.
Cyrus was educated in the UK and received a degree in Economics in 2003 from the London School of Economics.
Prior to his appointment as the Chief Executive Officer of Memories Group Limited, he was an Executive Director of Yoma Strategic Holdings Ltd. (“Yoma Strategic”) and headed the group’s Real Estate business from 2012 to 2018. During this time, he led the group’s several developments including some of Myanmar’s largest and most prominent projects. Mr. Pun was also responsible for bringing in international partners and investors for these projects. His last venture at Yoma Strategic was to initiate the company’s expansion into the affordable housing segment. Currently, Mr. Pun is a Non-Executive Director of Yoma Strategic.
Cyrus was educated in the UK and received a degree in Economics in 2003 from the London School of Economics.
Mr. Tun Tun
Non-Executive Director
Prior to joining Memories Group Limited in 2017, Mr. Tun Tun joined the SPA Group in 1998. Over the years he has held various positions in the SPA Group, including roles in corporate secretarial, legal, accounting finance, stock exchange listing, operation management, business development and investment management. Mr. Tun Tun has been an executive director of FMI since 2009 and also holds directorships in many of FMI’s companies and joint ventures. He is also an Associate Member of the Institute of Chartered Secretaries & Administrators (UK). Mr. Tun Tun was appointed as FMI’s chief financial officer in 2011.
Mr. Basil Chan
Lead Independent Director
Mr. Basil Chan is the Founder and Managing Director of MBE Corporate Advisory Pte. Ltd. Mr. Chan has more than 35 years of experience in audit, financial and general management, having held senior financial and management positions in both private and listed companies. Mr. Chan was formerly a director and a member of the Governing Council of the SID for almost 12 years. He is currently a member of the Audit Committee Chapter of SID. He was a member of the Corporate Governance Committee in 2001 that developed the Singapore Code of Corporate Governance and was a former member of the Accounting Standards Committee and the Auditing and Assurance Standards Committee of the Institute of Singapore Chartered Accountants (“ISCA”). He currently sits on the Corporate Governance and Risk Management Committee of ISCA as its Deputy Chairman. He is a Chartered Accountant by training and is a Fellow member of the Institute of Chartered Accountants in England and Wales as well as a Fellow of the Singapore Institute of Directors.
Mr. Robin Lee Chye Beng
Non-Executive Independent Director
Mr. Robin C. Lee has more than 30 years of business management, development and operational experience in various sectors including retail, consumer goods, healthcare, home appliances and automobiles distribution, integrated and project logistics and equipment rental. Mr. Lee is currently employed by Food from the Heart, a non-profit charity as their Chief Executive Officer.
Prior to his current position at Food from the Heart, Mr. Lee took on various senior management roles both here and overseas in organisations such as Hong Kong’s Li & Fung Group, Toys”R”Us Singapore, Sime Darby Group, Piaggio Asia Pacific, The East Asiatic Company, Rentokil Initial Asia Pacific, Bok Seng Group and Tat Hong Holdings.
Mr. Lee is a committee member of the Singapore Institute of Directors and a member of the Singapore Institute of Management. He has received awards for community service to education by the Singapore Ministry of Education in 2001, 2006 and 2017, as well as community service awards by the Singapore People’s Association in 2001, 2006, 2012 and 2017.
Mr. Chan Chun Hung Vincent
Non-Independent and Non-Executive Director
Mr. Chan was appointed as a Non-Executive Director of Memories on 1 February 2019. He is a Senior Managing Director of and Head of Asia for Samena Capital Hong Kong Limited. Samena Capital* is a principal investment group, which invests across multiple asset classes including private equity and corporate credit within the Subcontinent, Asia, Middle East and North Africa (the SAMENA region). He is also a member of the Investment Committee of the Samena Special Situation Funds.
Prior to joining Samena Capital, he was the Founding CEO for eight years of Spring Capital, an independent private equity firm that invests exclusively in China. Mr. Chan has 26 years of experience in private equity and has made over 50 investments in growth companies in China.
Mr. Chan is a Chartered Financial Analyst (AIMR). He holds a Bachelor’s of Arts from the University of Hong Kong, and a Master in Business Administration from Victoria University in Manchester. He was the Listing Committee Member of the Hong Kong Stock Exchange from 2007 to 2012 and is the President of the Hong Kong Venture Capital and Private Equity Association (holding Chairmanship from 2005 to 2006).
*It has over US$1 billion of assets under management as at February 2019.
Prior to joining Samena Capital, he was the Founding CEO for eight years of Spring Capital, an independent private equity firm that invests exclusively in China. Mr. Chan has 26 years of experience in private equity and has made over 50 investments in growth companies in China.
Mr. Chan is a Chartered Financial Analyst (AIMR). He holds a Bachelor’s of Arts from the University of Hong Kong, and a Master in Business Administration from Victoria University in Manchester. He was the Listing Committee Member of the Hong Kong Stock Exchange from 2007 to 2012 and is the President of the Hong Kong Venture Capital and Private Equity Association (holding Chairmanship from 2005 to 2006).
*It has over US$1 billion of assets under management as at February 2019.
Management
Mr.Serge Pun Theim Wai
Executive Chairman
Mr. Serge Pun is a Myanmar national and the Chairman of Serge Pun & Associates (Myanmar) Limited (“SPA”). In 1983, Mr. Pun founded Serge Pun & Associates Limited in Hong Kong SAR and eventually returned to the country of his birth to establish SPA in 1991. In 1992, Mr. Pun established First Myanmar Investment Company Limited (“FMI”) as one of the earliest public companies (unlisted) in Myanmar. In 2006, he led Yoma Strategic to a successful listing on the mainboard of the SGX-ST, and in 2016, FMI became the first company to list on the YSX. Mr. Pun is a member of the World Economic Forum’s ASEAN Regional Strategy Group and ASEAN Regional Business Council. He is a standing member of the Chinese People’s Political Consultative Conference of Dalian and a member of the Asia Business Council. He is also the Chair of the International Advisory Board of Singapore Management University for Myanmar, the Vice-Chairman and CEO of New Yangon Development Company (“NYDC”) and served as an Honorary Business Representative of the International Enterprise Singapore for Myanmar from 2004 till 2006. Mr. Pun is a frequent speaker in international forums on Myanmar and ASEAN.
Mr. Cyrus Pun
Chief Executive Officer and Executive Director
Mr. Cyrus Pun started his career working in the export industry in China and, prior to joining SPA, worked for Hutchison Port Holdings’ South China Commercial Division. Mr. Pun joined the SPA in 2007 to develop a mixed-used real estate project in Dalian, China.
Prior to his appointment as the Chief Executive Officer of Memories Group Limited, he was an Executive Director of Yoma Strategic Holdings Ltd. (“Yoma Strategic”) and headed the group’s Real Estate business from 2012 to 2018. During this time, he led the group’s several developments including some of Myanmar’s largest and most prominent projects. Mr. Pun was also responsible for bringing in international partners and investors for these projects. His last venture at Yoma Strategic was to initiate the company’s expansion into the affordable housing segment. Currently, Mr. Pun is a Non-Executive Director of Yoma Strategic.
Cyrus was educated in the UK and received a degree in Economics in 2003 from the London School of Economics.
Prior to his appointment as the Chief Executive Officer of Memories Group Limited, he was an Executive Director of Yoma Strategic Holdings Ltd. (“Yoma Strategic”) and headed the group’s Real Estate business from 2012 to 2018. During this time, he led the group’s several developments including some of Myanmar’s largest and most prominent projects. Mr. Pun was also responsible for bringing in international partners and investors for these projects. His last venture at Yoma Strategic was to initiate the company’s expansion into the affordable housing segment. Currently, Mr. Pun is a Non-Executive Director of Yoma Strategic.
Cyrus was educated in the UK and received a degree in Economics in 2003 from the London School of Economics.
Mr. Raymond James Bragg
Chief Operating & Marketing Officer
Mr. Raymond Bragg is the Chief Operating Officer of Memories. Originally from New Zealand, Mr. Raymond Bragg is no stranger to Myanmar having worked in the country previously as the General Manager of the then Traders Hotel (now Shangri-La) from 2001 – 2005, and again as CEO of Htoo Hospitality in Yangon from 2017.
Mr. Bragg has more than 30 years’ experience in the hospitality industry working with international and leads brands Hyatt, Shangri-La, Kempinski, Wanda, Sankara and Octave Living In 5 continents across Europe, US, Asia/China, Africa and Australasia.
Mr. Bragg has more than 30 years’ experience in the hospitality industry working with international and leads brands Hyatt, Shangri-La, Kempinski, Wanda, Sankara and Octave Living In 5 continents across Europe, US, Asia/China, Africa and Australasia.