Phua Lam Soon, co-founder and CEO of Boldtek Holdings , passed away on Sept 1, aged 62. Phua was the company’s first director and a member of its nominating committee.
According to Boldtek’s website, Phua was the director for Logistics Construction since it was incorporated on April 25, 1992. He was also the director for Apex Projects since Oct 7, 2008. Logistics Construction was established by Phua and his wife, Ong Siew Eng. Ong is also Boldtek’s executive director.
With more than 30 years of experience in Singapore’s building construction industry, Phua’s duties within the group included setting out strategic plans, steering business development, the overall management and day-to-day operations for Boldtek Holdings.
Under his stewardship, the group has since expanded into a diverse range of building constructions services, from renovation and interior fit-out works to upgrading and main building works for the public sector.
Before he passed, Phua held 23.5 million shares in Boldtek Holdings. He also had an indirect interest in 168.7 million shares in the company.
Shares in Boldtek closed flat at 3.5 cents on Sept 3.
See also: Malaysian billionaire tycoon Ananda Krishnan passes away at 86
