Tan Sri Asmat bin Kamaludin (“Tan Sri Asmat”)

Independent Non-Executive Chairman

Age : 73


  • Bachelor of Arts (Hons.) in Economics, University of Malaya, Malaysia
  • Diploma in European Economic Integration, University of Amsterdam, Netherlands


  • Member of Malaysia-Japan Economic
  • Association (MAJECA)

Directorship in other listed companies:

  • AirAsia X Berhad
  • Compugates Holdings Berhad Panasonic Manufacturing Malaysia
  • Berhad
  • UMW Holdings Berhad
  • UMW Oil & Gas Corporation Berhad


Tan Sri Asmat served over 35 years in the Ministry of International Trade and Industry, Malaysia (MITI), culminating with his retirement as Secretary-General in January 2001.

Between 1973 and 1976, he served as Senior Economic Counsellor for Malaysia in Brussels and worked with several international bodies such as the Association of South-East Asian Nations, World Trade Organisation and Asia-Pacific Economic Cooperation, representing Malaysia in relevant negotiations and agreements.

Tan Sri Asmat is actively involved in several national organisations such as Johor Corporation, Small and Medium Scale Industries Development Corporation and Malaysia External Trade Development Corporation.

Tan Sri Asmat serves on the board of the Japanese Chamber of Trade & Industry Malaysia Foundation and was appointed Vice Chairman in November 2015.

He was also elected as Executive Committee member of MAJECA at the MAJECA annual general meeting on 27 May 2015.

Tan Sri Asmat’s services in the area of trade relations between Japan and Malaysia won him the honour of the Japanese Prime Minister’s award for contributions to Japan-Malaysia ties, in 1995. On 11 November 2014, he was conferred the prestigious “Order of the Rising Sun, Gold and Silver Star” award by His Majesty, the Emperor of Japan, in recognition of his contributions in the strengthening of economic relations and the promotion of mutual understanding between Japan and Malaysia.

Lim Hui Seng (“LHS”)

Executive Vice Chairman

Age : 64


LHS is one of the promoter of Alstron’s mining division and a major shareholder of Alstron.

During his times spent in Philippines, specifically at Butuan city, located in the northeastern part of the Agusan Valley, Mindanao in 2010, he discovered a potential gold and copper mine. The many illegal miners seen gold panning and extracting copper near the mining tenements, MPSA 311 and MPSA 310, have caught his attention during his visit. After several months of research and analysis, he discovered that the area is highly mineralized in gold and copper as this area is where the fault line was, indicating a high concentration of valuable minerals which are below the earth’s crust in liquid form due to extreme heat and pressure.

After 2011, LHS decided to venture into a small scale mining permit (“SSMP”), containing an area of less than 25 hectares, where he was personally involved in the daily operation and exploration activities and had fully funded the entire exploration.

He started out the exploration activity from scratch, initially by building roads, building offices, liaising with the government/relevant mining authorities and later, he hired various experts and geologists from Australia, Malaysia and Philippines to conduct more intensive drilling as well as geological studies and analysis on the SSMP’s area.

Over the next 5 years, LHS has dedicated his time and energy in Philippine’s mining exploration activities, where he equipped himself with knowledge and understanding of the Philippine and global gold/copper and mining industry, drilling activities, geological studies and mining studies as well as Philippine’s mining regulations/relevant authorities.

After years of involvement in the on-going exploration activity, the positive exploration results produced by the experts have given LHS the confidence, for him and his Filipino partners to buy the two mining tenements MPSA 311 and MPSA 310 in 2013, in order to commence a large scale mining.

In 2013, the MPSA 311 and MPSA 310 were then officially reassigned from its previous owners to Phil Alstron and Asia Alstron respectively.
Before venturing into mining business in the Philippines, LHS, as an entrepreneur, was involved in various businesses. Previously, LHS acquired oil palm plantation in Kota Marudu, Sabah, which was subsequently disposed to Hap Seng Plantations Holdings Berhad in 2009 when the industry was on a rebound. Prior to that, LHS ventured into sand mining in Cambodia where most of the sand was exported out to Singapore for land reclamation.

Reuben Lim

Executive Director

Age : 38


Mr. Reuben Lim, has been appointed to the board as the Executive Director of PAMC since March 17, 2017.

Prior to this, he was actively involved in family businesses in industries such palm oil plantation, livestock farming and property management. He graduated from RMIT, with a Degree in Business in 2002.

Engr. Marcelo Bolano (“Marcelo”)

Executive Director/ CEO of Alstron Group

Age : 67


  • Bachelor of Science in Civil Engineering from the Mapua Institute of Technology, Philippines
  • Bachelor of Science in Mining
  • Engineering from the University of Adamson, Philippines


  • Mining Engineering License No. 2417
  • Civil Engineering License No. 11466
  • Competent Person (“CP”) for Mining
  • Engineering under the Philippine Mineral Recording Code (“PMRC”)


Mr. Marcelo has over 40 years of experience in mining and mine management of gold, copper, chromite, nickel and limestone mines.

He was with the Benguet Corporation for 39 years where he held various management positions as director, president, vice president and consultant in several Benguet Corporation’s subsidiaries in various industries like agriculture, housing and land development, engineering and others.

Established on 12 August 1903, Benguet Corporation is the first and oldest mining company in the Philippines and was listed in the Philippine Stock Exchange since January 4, 1950. It carries an impressive portfolio of expanding gold and nickel mining operations across the country, implementing global best practices and cutting- edge technology.

He resigned in 2014 as senior vice president (“SVP”) for Engineering Research had completed concept and feasibility studies for all mining and non-mining projects for both company owned and non-company owned assets of Benguet Corporation.

He was also the SVP for Project Development division and Mines and Technical Services division of Benguet Corporation where he managed the operations of all mines (gold, copper, chromite, nickel and limestone using both surface and underground mining methods as required)

He was also Vice President for the Operations division where he served as a Resident Manager for Benguet Corporation’s major mines, namely Dizon Copper-Gold Operation (“DCO”), Masinloc Chromite Operation (“MCO”), Benguet Gold Operation (“BGO”) and Paracale Gold Operation (“PGO”).

He also served as Group Manager for the Engineering Services division of Benguet Corporation where he managed the engineering and technical services for all allied engineering disciplines including repairs and maintenance of all mine and civil works structures in DCO and PGO.

He over-saw the exploration division and managed the engineering and feasibility studies of the USD2 billion King-King Gold-Cooper Project.

As a PMRC CP, he has prepared the Economic Assessments and Ore Reserves Estimation of medium to large scale mining and milling operations namely, the Maco Gold Project (Gold), Carmen Gold Project (Copper-Gold, Open Pit), King-King Gold-Cooper Project (Copper-Gold, Open Pit) and the Balabag Gold Project (Gold, Open Pit).

He was a consultant representing the Mines and Geosciences Bureau for the Mill Tailings Dams of Rapu Rapu Mines and the Masbate Gold Project of Filminera Resources Inc.

He was formerly the national president of the Philippine Institute of Mining Engineers (“PSEM”) and the Philippine Institute of Mining, Metallurgical and Geological Engineers (“PIMMGE”).

Sesha S.P. (“Sesha”)

Executive Director/ Group Chief Executive Officer

Age : 49


  • Master of Business Administration in
  • Strategic Management degree from the University of the Sunshine Coast, Australia.


  • Fellow member of the Chartered Institute of Marketing, UK.


Mr. Sesha has over 22 years of senior management experience, covering the areas of corporate and retail management, marketing, finance and sales operations, in large multinationals and public listed companies across Asia Pacific, Australia, Canada and Europe.

He has experience in diversified industries, which include electronics & electrical, I.T., furniture(Harvey Noirman), property, health & beauty, pharmaceuticals and etc.

He was the Sales Director for Asia with Bata, Canada for over 9 years.

He was with Harvey Norman for 4 years as the Country Manager for Malaysia.

Prior to joining Sungei Wang Group Sdn Bhd as the Group Chief Operations Officer, Mr Sesha was the Managing Director of A.S. Watson Group, Indonesia, the international retail and manufacturing arm of Hutchison Whampoa Limited.

He was also involved in various initial public offering (“IPO”) exercises abroad.

As a senior management team member, he brings with him a wealth of experience specializing in the South East Asian region mainly involving turn around strategies, strategic management and preparing organizations pre-IPO.

Tan It Beng (“Mr. Tan”)

Independent Non-Executive Director (with mining experience)

Age : 64


  • Bachelor of Science (Honours) in Applied Geology, University of Malaya, Malaysia


  • Member of Geological Society of Malaysia


Mr Tan started his career as a geologist with Conzinc Rio Tinto Malaysia in March 1979.

He was involved in Integrated Hard Rock Base and Precious Metals Exploration projects in Pahang, Malaysia and Sulawesi, Indonesia.

He was also involved in the management of drilling and evaluation of Alluvial Tin Deposits and Heavy Mineral Sands in Malaysia and Thailand.

In October 1981, he was seconded to Pergansang – Rio Tinto joint venture (“JV”) as Head of Mine Planning of a tin mining property with 2 large bucket line dredges (the world’s largest at that time). His main responsibilities include in charge of the ore reserves estimation, dredge course planning, production scheduling, shore treatment plant, mine site services and tin ore and heavy minerals marketing & sales.

From April 1986 to 1990, he was the manager of Perangsang Alluvial Sdn Bhd, a subsidiary of Kumpulan Perangsang Selangor Bhd (“KPSB”) (a JV company with Alluvial Dredges Ltd of UK), a company involved in the design and construction of tin mining dredges and treatment plants, evaluation and feasibility studies/consultancy for mining projects in Thailand, Malaysia and Indonesia.

From 1991 to May 1999, he was seconded to Perangsang International Sdn Bhd (wholly owned by KPSB) as the senior manager. He was in charge of Dredging of Ports & Harbours and Reclamation Projects/Contracts in Malaysia.

From June 1999 to March 2014, he was promoted as the Chief Executive/Director of Hydrovest Sdn Bhd, a JV company between KPSB and Talisworks Corporation Berhad involved in the trading, marketing and manufacture of water treatment chemicals for the potable and waste water treatment industries.

Throughout his career with KPSB, concurrently oversees all projects in KPSB Group involving the Evaluation of Mining properties in Malaysia which he finally retired from KPSB Group in April 2014.