Age, Biography and Wiki
Ng Yat Chung was born on 1961 in State of Singapore, is a business executive. Discover Ng Yat Chung's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 62 years old?
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Age |
62 years old |
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Born |
1961, 1961 |
Birthday |
1961 |
Birthplace |
State of Singapore |
Nationality |
Singapore |
We recommend you to check the complete list of Famous People born on 1961.
He is a member of famous business executive with the age 62 years old group.
Ng Yat Chung Height, Weight & Measurements
At 62 years old, Ng Yat Chung height not available right now. We will update Ng Yat Chung's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
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Not Available |
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Ng Yat Chung Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Ng Yat Chung worth at the age of 62 years old? Ng Yat Chung’s income source is mostly from being a successful business executive. He is from Singapore. We have estimated
Ng Yat Chung's net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
business executive |
Ng Yat Chung Social Network
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Timeline
After SPH delisted from the Singapore Exchange on the 13 May 2022, Ng, along with the directors serving alongside him, stepped down from his post on the 16 May 2022. Ng was succeeded by Gerald Yong, former CapitaLand CEO (Special Projects).
At a press conference held on 6 May 2021, Ng and other SPH leaders announced that the company's media businesses, including major Singaporean broadsheets like The Straits Times and Lianhe Zaobao, would be spun off into a separate company limited by guarantee, operating as a not-for-profit entity. This move would remove shareholders' pressure on the media unit to perform and be profitable. Ng took offence when a CNA Digital reporter asked whether restructuring SPH's media businesses meant that the company would pivot to prioritising editorial integrity over advertising interests. Ng's use of the word "umbrage" gained significant attention, with the word becoming the top searched term on Google in Singapore that day, spawning memes, parody advertisements, and merchandise. Ng subsequently apologised for his comment.
On 9 June 2016, it was announced that Temasek would tender its NOL shares to CMA. Ng cited NOL's lack of scale as the primary reason for its sale. He subsequently received criticism for his failure to improve the company's performance over his years as CEO. On 19 May 2017, Reuters reported that CMA managed to turn NOL around, with NOL posting a $26 million net profit for Q1 2017. After the sale, Ng stayed on as Special Advisor from June 2016 to May 2017.
On 20 July 2016, Ng was appointed as an independent director of SPH. On 1 September 2017, Ng was appointed CEO of SPH following his predecessor, Alan Chan's, retirement. On 12 October 2017, Ng announced a retrenchment exercise. Under his leadership, SPH's revenue had fallen from S$1,032 million in 2017 to S$865 million in 2020. In 2020, due to the confluence of factors such as the COVID-19 pandemic and the decline of print advertising, SPH recorded its first-ever loss of S$11.4 million.
Ng joined the board of Neptune Orient Lines (NOL) as an Executive Director in May 2011 and was appointed Group President and Chief Executive Officer in October.
As the CDF, Ng laid the blueprint for the 3rd Generation SAF by overseeing the development of new operational concepts to further integrate the Army, Navy and Air Force. He also commanded the SAF's humanitarian assistance and disaster relief response in Aceh and Phuket after the 2004 Indian Ocean earthquake and tsunami, as well as similar missions to Yogyakarta and Phitsanulok in 2006. He retired from the SAF on 23 March 2007 and was succeeded by Desmond Kuek as the CDF.
Ng Yat Chung is a Singaporean former lieutenant-general who served as Chief of Defence Force between 2003 and 2007.
Ng enlisted in the Singapore Armed Forces (SAF) in 1979 and was commissioned as an artillery officer in December that year. Throughout his military career, he held various appointments, including the following: Commanding Officer, 21st Battalion Singapore Artillery; Assistant Chief of the General Staff (Plans); Commander, 3rd Singapore Infantry Brigade; Head, Joint Operations Department; Commander, 3rd Division; Director, Joint Operations and Planning Directorate; Chief of Staff (Joint Staff); Chief of Army. He relinquished his appointment as the Chief of Army on 1 April 2003 and succeeded Lim Chuan Poh as the Chief of Defence Force (CDF).
Ng received his secondary and pre-university education in Victoria School and Hwa Chong Junior College respectively. He received the Singapore Armed Forces Overseas Scholarship for his undergraduate studies in 1980, and graduated in 1983 with a Bachelor of Arts (Honours) in engineering from Christ's College, Cambridge. In 1987, he obtained a Master of Arts in mathematics, also from Christ's College. He also holds a Master of Business Administration from Stanford University. He attended the six-week Advanced Management Program at Harvard Business School, and graduated with a Master of Military Art and Science from the United States Army Command and General Staff College.