Board of Directors - Company

The business of the Company will be managed under the direction of the Company's Board of Directors. The Directors are responsible for establishing the Company's investment objectives, policies and restrictions. Board meetings will generally be held at least once each quarter. The Board will monitor the Company's performance and provide such instructions to the Investment Manager as it considers appropriate. 

The Board makes decisions based on a simple majority vote taken at any meeting for which there is a quorum.  In case of an equality of votes, the Chairman has a second or casting vote.

Details of the current Directors are set out below:

Mr. Lee G. Lam
Chairman
Independent Director
Dr. Lee G. Lam is an experienced CEO, company director and investment banker and has over 25 years of international corporate management, governance and finance experience in the telecommunications, media and technology, consumer/retail, property and financial services sectors in the Asia Pacific region. He has held management positions at Hongkong Telecom, A.T. Kearney, Millicom International Cellular (a major joint venture partner with VMS Mobifone, the largest mobile phone operator in Vietnam), Singapore Technologies Telemedia and BOC International Holdings ("BOCI") (the international investment banking arm of the Bank of China group).  While at BOCI, he served as Vice Chairman of Investment Banking Division, BOCI's core business.  Dr. Lam was President & CEO, and Vice Chairman of Chia Tai Enterprises, one of the key publicly-listed, leading overseas Chinese multinational corporation and one of the oldest and largest foreign shareholders in China.  He was also Vice Chairman of Shanghai Kinghill Limited, the founding Chairman of Chia Tai Department Store, the founding Chairman of Unotel, and a board member of various operating companies including Hong Kong-listed Hutchison Harbour Ring Limited, Glorious Sun Enterprises Limited, Lotus, China.com, Singapore-listed Rowsley, Thailand-listed TRUE Corporation PCL, and Pakistan-listed Telecard Limited.  He is also currently Senior Advisor to Bank of Industrial and Development of Vietnam, one of the largest State-owned banks in Vietnam, and MacQuarie Investment Bank - Asia Pacific.  Dr. Lam holds a BSc in sciences and mathematics, an MSc in systems science, and an MBA from the University of Ottawa in Canada, a post-graduate diploma in public administration from Carleton University in Canada, a post-graduate diploma in English and Hong Kong law and an LLB (Hons) in law from the Manchester Metropolitan University in the UK, and a PhD from the University of Hong Kong. He is fluent in English, Cantonese, Mandarin, and Vietnamese.
Mr. Howard Golden
Director

Howard Golden has been investing in international markets since 1978. He specialized in Central and East European markets and was appointed chairman of several investment funds. Mr. Golden has lectured on closed-end funds in London and Prague and at various business schools (Harvard, Univ. Chicago). He has been quoted as an expert in capital markets and corporate governance in The Economist, The Financial Times, The New York Times, The International Herald Tribune, Newsweek, Prague Business Journal and Business Central Europe, among others. He is Chairman of the Board of Directors of The Romanian Investment Fund and Reconstruction Capital II (listed on the London AIMS). He was previously Chairman of The Kazakhstan Investment Fund, a Cayman Island domiciled investment fund and the Romanian Growth Fund, a Dublin Stock Exchange listed fund, and served on the Board of Directors of Framlington Bulgarian Fund until the fund's voluntary dissolution. He also served as Chairman of the Supervisory for the largest Slovak closed end fund, the Slovak Restitution Investment Fund, was on the Supervisory Board of the Czech Restitution Investment Fund, the largest closed-end fund in Central Europe, and also served on the Boards of Beta Vietnam Fund. His tenure on these boards was a result of his activist policy, which involves close and direct supervision of large investments. Since 2003 Mr. Golden has served as President of Terra Partners, where he manages the Worldwide Opportunities Fund which has assets of approximately $135 million. Before founding Terra, Mr. Golden practiced law in Chicago, New York and Israel. He is a graduate of the University of Wisconsin with a B.A., J.D. and M.B.A. and is a member of the bar associations in New York State, Illinois, Wisconsin, and Israel. He is fluent in English and Hebrew, and is knowledgeable in Czech.

Mr. Louis Nguyen
Director

Louis Nguyen has over 20 years of experience in investment management, financial analysis, and corporate development. Prior to joining Saigon Asset Management, Mr. Nguyen was a Managing Director at VinaCapital, a $2.0 billion broad opportunity investment fund in Vietnam. Prior to VinaCapital, Mr. Nguyen was Vice President at Intelligent Capital, a mergers and acquisitions firm based in San Francisco, California. Prior to that, he was Partner at Osprey Ventures, a $100 million venture capital fund based in Menlo Park, California. Mr. Nguyen has extensive operating experience and held management positions at NEC and Apple Computer manufacturing operations. At these corporations, he was responsible for financial controls, corporate governance, total quality management, and continuous process improvements. Prior to that, Mr. Nguyen was with KPMG in Silicon Valley, California, where he specialized in auditing government and technology clients. He is the founder and former Chairman of Asia-Silicon Valley Connection, a networking organization with over 3,000 members consisting of technology entrepreneurs, senior executives, and private equity investors. Mr. Nguyen is currently Chairman of the WTO Committee, American Chamber of Commerce in Ho Chi Minh City. Mr. Nguyen received a Bachelor of Science in Accounting from San Jose State University, California.  He is fluent in English and Vietnamese.