People

Netrove is founded and managed by a group of senior professionals cum entrepreneurs who have extensive across the board skills acquired locally and through lengthy stints abroad in China, Hong Kong, Malaysia, New Zealand, Thailand, the United Kingdom, the United States, Vietnam and Australia.

▪ Kim Seng TEH - Chairman & CEO

Mr. Teh’s background spans the legal, corporate finance and advisory, venture capital and technology industries in Asia. Trained in London, then in Hong Kong, he has undertaken major engagements in M&A and corporate finance including deals such as the listing of companies in Hong Kong, Malaysia and London and cross-border M&As. In the last two decades, he has acquired extensive experience in investing, managing and operating technology start-ups and growth companies in Asia having successfully exited a number of them and taken executive positions in some of such companies. Prior to founding Netrove, he was a partner, director and COO at a regional investment firm based out of Hong Kong. In his earlier years, he was a senior associate and a member of the Corporate & Finance Group at Simmons & Simmons where he specialised in corporate finance, securities and commercial deals including international IPOs, M&As and public takeovers.

Currently, he sits on various boards of directors and advisors including that of Genetec Technology Berhad, a regional precision engineering group based out of Malaysia and listed on the stock exchange of Malaysia and CrowdPlus, a licensed equity crowdfunding platform. Mr. Teh holds an LL.B. (Hons) from Leeds University, England and an LL.M. (Hons) from Queens’ College, University of Cambridge, England. He is also a Founding Council Member of the Association of Hong Kong Independent Non-executive Directors.

 

▪ Tony XU - Partner, Head of China

Mr. Xu is a successful serial entrepreneur in China. Formerly, a co-founder of IGM Limited, he has over 10 years of operational, product design & management, and marketing experience in the IT and telecom industry in China.

Mr. Xu has in-depth understanding of the characteristics and dynamics of the Chinese IT and telecom sectors in terms of product strategy, development and marketing. Prior to IGM, he was a Business Development Manager at Guangzhou Tian Xia Technology Ltd. a company that was eventually acquired by a NASDAQ listed company.

Over the 6 years in Tianxia and IGM, Mr. Xu has accumulated significant business operations experience in the data-communication VAS and IT industry and developed working relationships with several leading mobile telecommunications companies in China.

Mr. Xu has extensive knowledge of the government regulations and requirements of the telecommunications and IT industry and has strong working relationships with various Chinese governmental departments. Mr. Xu graduated from Hunan Polytechnic University of China, majoring in Computer Applications Technology.

▪ Yong Kwang FOO - Partner

Mr. Foo was the Managing Partner of OTP Consulting, an Internet, IT and telecommunications consulting company. He has more than 20 years of technical experience inclusive of 12 years of consulting.

His prior postings were with well-known and leading edge technology companies such as NCR, AT&T and Bell Lab. Mr. Foo has international Internet and telecommunications exposure having spent stints in the USA, New Zealand, Australia, Korea as well as Malaysia.

Mr. Foo was a member of the AT&T/NCR Corporate Field Advisory Council and was a Practice Leader in various major consulting engagements worldwide and has been involved in developing and validating worldwide network and system planning, integration and management consultancy methodologies.

Mr. Foo graduated from Auckland University, New Zealand with an Electrical and Electronics Engineering degree. He further obtained an MIS degree from the same university. He is a member of IEEE, W3M Consortium and ATM Forum in the United States.

▪ Joanne LEE - Vice President

Ms. Lee’s experiences cover investment, corporate finance and advisory work in the Southeast Asia and China.

She has been actively involved in various corporate exercises such as restructuring, M&As and IPOs and was part of the team managing the successful IPO for Galasys PLC in 2014. She is also extensively involved in advising and managing early stage start-ups companies in Asia.

Prior to joining Netrove, she was a Senior Associate in OSK Investment Bank Berhad (now known as RHB Investment Bank Berhad) under its management training program. She holds a BSc Actuarial Mathematics and BSc (Hons) Economics from University of Michigan.

▪ Joe Ann KHOR – Venture Partner

Ms Khor has vast experience in corporate banking, corporate finance, investment, incubation of digital media businesses and general finance and accounting in China and South East Asia.

She has been engaged with Netrove for more than 6 years and is actively involved in incubation of businesses, investment, restructuring and fund raising work especially in the new media industry and was part of several teams that scored successful exits from investments with substantial returns. She was also instrumental in the setting up and incubation process of Fifth Media Group which includes an online advertising company and a mobile content & gateway company in Vietnam.

Her early career was in corporate banking doing stints in Australia and Malaysia amongst others the non-Japanese division of Sumitomo Mitsui Banking Corporation, Personal Financial Services division of HSBC Bank Australia and the debt capital markets division of Arab-Malaysian Merchant Bank (now known as AmInvestment Bank).

She started her career as an auditor in Ernst & Young. Ms Khor holds a BA (Hons) Accounting and Financial Management from University of Sheffield, United Kingdom and a Master in International Business from University of Melbourne, Australia. Besides that, she has a qualified professional qualification with the Association of Chartered Certified Accountants.