Vision

To be the brightest provider of connection devices and services and to serve with a caring touch.

Mission

To enable and enhance connection for people in Singapore and across Southeast Asia.

Values

We believe that achieving the best outcomes for our stakeholders – including customers, partners and shareholders – involves in taking a principled approach to business. Therefore, we are committed to the following values:

  • Trust – We are reliable, honest and always deliver what we promise.
  • Simplicity – We strive to be clear and meaningful in all that we do.
  • Young at Heart – We approach our work with a creative, open-minded and positive attitude.
  • Caring Touch – We treat our people, customers, partners and stakeholders with respect, kindness and sincerity.
  • Innovation – We innovate with solution/s when we face challenges and to run our business efficiently with productivity.

Business Profile

Board of Directors

Carl Johan Pontus Sonnerstedt Chairman

Ang Chuan Hui, Peter Chief Executive Officer

Juliana Julianti Samudro Chief Financial Officer

Ong Kok Wah

Audit Committee

Ong Kok Wah Chairman

Carl Johan Pontus Sonnerstedt

Ang Chuan Hui, Peter

Remuneration Committee

Carl Johan Pontus Sonnerstedt Chairman

Ong Kok Wah

Ang Chuan Hui, Peter

Nominating Committee

Carl Johan Pontus Sonnerstedt Chairman

Ong Kok Wah

Ang Chuan Hui, Peter

Company Secretary

Foo Jien Jieng, Seal Asia Pte. Ltd.

Registered Office

81 Ubi Avenue 4

#03-11 UB.One

Singapore 408830

Tel: +65 6309 9088

Fax: +65 6305 0489

Website: WeArePolaris.com

Solicitor

Morgan Lewis Stamford LLC

10 Collyer Quay

#27-00 Ocean Financial Centre

Singapore 049315

Continuing Sponsor

Stamford Corporate Services Pte. Ltd.

10 Collyer Quay

#27-00 Ocean Financial Centre

Singapore 049315

Share Registrar

M&C Services Private Limited

112 Robinson Road

#05-01

Singapore 068902

Auditor

Moore Stephens LLP

10 Anson Road

#29-15 International Plaza

Singapore 079903

Partner-in-charge: Willy Ng

Date of appointment: 29 April 2016

Polaris Limited (“Polaris”) is a Singapore-based holding company and is listed on the Singapore Exchange Securities Trading Limited (“SGX-ST”). Polaris is active in the distribution and retail of smart mobile devices and lifestyle electronics in Southeast Asia, with extensive operations in Singapore.

The Group is organised into business units based on its products and services.

The distribution segment engages in the distribution of consumer electronics, mobile communication devices and accessories and provision of broadband and other related telecommunication services in Singapore. It operates a network of strategically located retail stores island-wide.

The retail consumer electronics segment engages in the retail sale of IT and related products in Singapore. It offers a wide range of electronics products and services from reputable brand such as Apple, Lenovo and Sony. Lenovo and Sony retail outlets were closed on June 2016 and January 2016 respectively.

The corporate segment is involved in Group-level corporate services, treasury functions and investment in marketable securities. It is also involved in strategic investment and joint venture opportunities in emerging Southeast Asia markets to synergise and complement the Group’s existing offerings.

Vision

To be the brightest provider of connection devices and services and to serve with a caring touch.

Mission

To enable and enhance connection for people in Singapore and across Southeast Asia.

Values

We believe that achieving the best outcomes for our stakeholders – including customers, partners and shareholders – involves in taking a principled approach to business. Therefore, we are committed to the following values:

  • Trust – We are reliable, honest and always deliver what we promise.
  • Simplicity – We strive to be clear and meaningful in all that we do.
  • Young at Heart – We approach our work with a creative, open-minded and positive attitude.
  • Caring Touch – We treat our people, customers, partners and stakeholders with respect, kindness and sincerity.
  • Innovation – We innovate with solution/s when we face challenges and to run our business efficiently with productivity.

Board of Directors

Carl Johan Pontus Sonnerstedt Chairman

Ang Chuan Hui, Peter Chief Executive Officer

Juliana Julianti Samudro Chief Financial Officer

Ong Kok Wah

Audit Committee

Ong Kok Wah Chairman

Carl Johan Pontus Sonnerstedt

Ang Chuan Hui, Peter

Remuneration Committee

Carl Johan Pontus Sonnerstedt Chairman

Ong Kok Wah

Ang Chuan Hui, Peter

Nominating Committee

Carl Johan Pontus Sonnerstedt Chairman

Ong Kok Wah

Ang Chuan Hui, Peter

Company Secretary

Foo Jien Jieng, Seal Asia Pte. Ltd.

Registered Office

81 Ubi Avenue 4

#03-11 UB.One

Singapore 408830

Tel: +65 6309 9088

Fax: +65 6305 0489

Website: WeArePolaris.com

Solicitor

Morgan Lewis Stamford LLC

10 Collyer Quay

#27-00 Ocean Financial Centre

Singapore 049315

Continuing Sponsor

Stamford Corporate Services Pte. Ltd.

10 Collyer Quay

#27-00 Ocean Financial Centre

Singapore 049315

Share Registrar

M&C Services Private Limited

112 Robinson Road

#05-01

Singapore 068902

Auditor

Moore Stephens LLP

10 Anson Road

#29-15 International Plaza

Singapore 079903

Partner-in-charge: Willy Ng

Date of appointment: 29 April 2016

Board Of Directors

Mr. Carl Johan Pontus Sonnerstedt | Non-Executive Chairman

Date of Appointment as Director: 5 May 2016

Date of Last Re-election: –

Nature of Appointment: Independent Non Executive Chairman

Board Committees served on: Member of Audit Committee since 5 May 2016, Chairman of Remuneration Committee since 5 May 2016 and Chairman on Nominating Committee since 5 May 2016

 

Since mid-2014 Pontus has been running PT Bayon Management, a company he founded with a focus on internet consulting and investment in Indonesia. Engagements to date include online media, law, music and payments, as well as discovery and evaluation of investment targets.

Leading up to Bayon, Pontus was CEO at PT Skybee Tbk, an Indonesian holding company with technology, telecommunications and media subsidiaries. He held liaison positions engaging with SoftBank and softBank Ventures Korea, supporting their investment efforts in Indonesia, and was on the investment committee of Indonesia incubator and vc Ideosource.

Between 2007 and 2012 Pontus identified Indonesia as a key growth opportunity for Yahoo!, coordinated the company’s entry in to the market and then ran PT Yahoo Indonesia as Country Manager. Under Pontus’ leadership, Yahoo! attracted great talent and became one of the most trafficked and monetized Internet destinations in Indonesia. Today, the alumni can be found across the market as successful entrepreneurs and in leading roles in local and international companies.

Prior to Yahoo!, Pontus spent eight years in the mobile phone industry in Asia. From 1999 to 2001 he managed Ericsson’s mobile phone business in Vietnam, as Director of Consumer Products. He then moved to Singapore with Sony Ericsson, first in a regional sales role covering Indonesia and then as head of business development for APAC EM. In this role Pontus established and managed the business and operations in several markets, including Pakistan, Bangladesh, Sri Lanka, Cambodia and Vietnam. Under his management, these emerging markets transformed from being a marginal business to one turning over several hundred million dollars per year. Pontus was recognized for this contributions to the company’s overall performance and growth by twice winning the company’s global best market unit performance award.

Pontus served as a mine clearance diver in the Royal Swedish Navy. He holds a degree in International Economics from the American University of Paris.

Mr. Ong Kok Wah | Independent Non-Executive Director

Date of Appointment as Director: 20 May 2010

Date of last re-election: 30 April 2015

Nature of Appointment: Independent Non Executive Director

Board Committees served on: Chairman of Audit Committee since 5 May 2016, Member of Audit Committee since 17 August 2010, Member of Remuneration Committee since 25 May 2010 and Member of Nominating Committee since 17 August 2010

Mr. Ong was re-designated as an Independent Director on 12 August 2010.

Mr. Ong has over 47 years of working experience in the marine and offshore industries. He started his career in the Merchant Navy with Shell Eastern Fleet, Maple Hill Shipping and Guan Guan Shipping. He was with the Port Authority of Singapore (“PSA”) from 1968 to 1975 where his last position was Controller (Shipping). He joined Chuan Hup Holdings Limited Group as a Director from 1976 to October 2005. He was a Director with CH Offshore Ltd. (“CHO”) for the period from 1987 to 2010, during which he was appointed as CEO from 2004 to 2007.

Mr. Ong was a member of the American Bureau of Shipping’s Southeast Asia Technical Committee. He was a Council Member of the Singapore Shipping Association (“SSA”) since its inception in 1985 until 2007, where his last held position was Honorary Secretary. SSA has in its June 2008 annual general meeting bestowed an ‘Honorary Membership’ on Mr. Ong and he remains as one of their trustees. He has also been a Director on the Board of the Shipowners’ Mutual Protection and Indemnity Association (Luxembourg) since 1993 and was the Director of their Singapore registered insurance company.

Mr. Ong is the Independent Non-Executive Director of ICP Ltd. and holds directorships in several private companies in Singapore.

Mr. Ong attended Nautical Studies at Singapore Polytechnic. He holds a Second-mate (FG) certificate from the Ministry of Transport Singapore.

Mr. Ang Chuan Hui, Peter | Executive Director and Chief Executive Officer

Date of Appointment as Director: 1 March 2012

Date of Appointment as CEO: 1 March 2012

Date of last re-election: 30 April 2014

Nature of Appointment: Executive Director and Chief Executive Officer

Board Committees served on: Member of Audit Committee since 5 May 2016. Member of Remuneration Committee since 4 November 2016 and Member of Nominating Committee since 4 November 2016.

Mr. Ang has more than 15 years of experience in the Telecommunication Industry. He started his career with Ericsson Telecommunication as Channel Sale Manager and was promoted to Director, Product Marketing for Asia Pacific Region where he was in charge of planning, implementation and product launches within the region for all products. Key achievements include turning around APAC business from declining profit and market share to a market share of more than 10% with double digit NIBIT, successfully installing new processes that streamline and drive focus on the business for the region and also building up India market share from zero to 5% through product features that reaches out to the India consumer. Subsequently, Mr. Ang was promoted to Vice President Marketing for Asia Pacific where he was responsible for marketing and product strategy across Sony Ericsson’s various portfolios, overseeing product, marketing communication, public relations, market intelligence, channel marketing and go-to-market implementation for all mobile phones, accessories, and services within the region.

Prior to leaving Sony Ericsson, Mr. Ang was promoted to Hub GM for Singapore, Malaysia and Indonesia where he was responsible for all operations, profit and loss, and customer relationships. He also spearheaded the drive to increase Android market share in these markets and it was under his leadership when Sony Ericsson set sight on becoming the company with the most entertaining smartphone.

Mr. Ang holds a Bachelor of Engineering (Honors) in Electrical and Electronics from Loughborough University of Technology, UK. He was awarded the Overseas Research Student award for his PhD Studies.

Ms. Juliana Julianti Samudro | Executive Director and Chief Financial Officer

Date of Appointment as Director: 26 July 2011

Date of Appointment as Chief Financial Officer: 1 January 2014

Date of last re-election: 29 April 2016

Nature of Appointment: Executive Director and Chief Financial Officer

Board Committees served on: NA

Ms. Juliana was appointed as Chief Financial Officer of the Company and re-designated from Non-Executive Director to Executive Director with effect from 1 January 2014.

Ms. Juliana started her career in PT. Trikomsel Oke Tbk., Jakarta as Senior Vice President of Corporate Services in 2008, and was subsequently promoted to Director of Corporate Services in May 2010. She is responsible for overall corporate affairs, such as corporate secretary, investor relations, corporate legal, accounting and financial.

Previously, she acted as Senior Vice President and Head of Corporate Secretary Division of PT Bank UOB Buana Tbk., Jakarta where she managed the company’s corporate affairs relating to capital market and stock exchange including corporate legal matters.

From 2010 to present, Ms. Juliana held several directorships in the multimedia and telecommunication industry.

Ms. Juliana holds a degree in Bachelor of Arts from California State University in Los Angeles, USA. She studied at Pasadena City College.

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