Jannie Chan Explained

Dato Jannie Chan Siew Lee (曾秀丽), also known by her married name, Jannie Tay, is a Singaporean entrepreneur and former president of the Singapore Retailers Association and the ASEAN Business Forum, in both cases the first woman to hold the position.

Chan earned a B.Sc. in physiology and an M.Sc. in pharmacology from Monash University in 1968 and 1971,[1] [2] and was a lecturer in both subjects at the National University of Singapore.[3]

In 1979, she co-founded The Hour Glass Limited, a luxury watch retailer, with her husband, Henry Tay.[4], it had 41 stores in several countries;[5] she was formerly executive vice-president[1] [6] and executive vice-chairman.[7]

She founded the holding company Save Our Planet Investments (Hypha Holdings, 2005) and the non-profit Save Our Planet Foundation (2007), which works for reforestation to mitigate climate change.[1] [2] [3] Her most recent company is Scientific Tradition Pte Ltd, which develops mushroom products based on traditional Chinese medicine.[2]

Chan contributed to the 2006 book, Six Billion Minds: Managing Outsourcing in the Global Knowledge Economy.[8] She is the first female president of the Singapore Retailers Association and of the ASEAN Business Forum, the first female executive board member of the Commonwealth Business Council and founder chairman of the Commonwealth Business Women Leaders' Network.[1] She also serves on the first Business Advisory Council of the United Nations Office for Project Services (since 2000) and on the Business Advisory Council of the United Nations Economic and Social Commission for Asia and the Pacific (since 2004).[1] She is active for women's rights:[2] she was one of the organisers of the first Women Inspire exposition and business forum in Singapore in 2002[9] and was president of the Singapore chapter of WOW (Women for Other Women).[10]

On 20 June 2019, Chan was declared bankrupt by the Singapore court for owing a moneylender over S$4 million in unpaid debt.[11]

Chan began serving a two-week prison sentence for contempt of court on 9 September 2019, after losing her appeal against a 2017 sentence judgment. [12]

On 15 October 2019, the Singapore High Court rules that Chan's forced sale of $3.85m apartment to be paid to Official Assignee. [13]

Personal

Chan is of Hakka Chinese heritage;[14] her father and grandfather were "sinsehs" (practitioners of traditional medicine).[3] She has six siblings, four of whom became physicians.[2]

Chan and her husband have three children, Audrey, Michael (who now manages The Hour Glass) and Sabrina. Their first child died in childhood. They divorced in 2010.[15] [16]

Awards

Key Positions Held

Personal life

Chan was married to Henry Tay were married in 1968 and divorced in 2010. They have three children.[32]

Notes and References

  1. http://www.monash.edu.au/alumni/find/profiles/prominent-alumni/jannie-chan-siew-lee.html Dato' Dr Jannie Chan Siew Lee
  2. http://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1005&context=ksmu "Beyond watches and reishi: Jannie Tay's approach to business"
  3. Cheah Ui-Hoon, Save Our Planet Foundation, "Leaving a lasting legacy", The Business Times, 19 December 2008, repr. AsiaOne, 22 December 2008, archived at the Wayback Machine, 8 February 2009.
  4. https://www.bbc.co.uk/news/mobile/business-11866641 "Watch retailer Jannie Tay on creating a sense of luxury in Singapore"
  5. http://www.thehourglass.com/about_history/ About History
  6. Melanie Lee, "Hour Glass says time not ripe for China, India", Reuters, 19 September 2007, retrieved 11 September 2013.
  7. http://www.thehourglass.com/about_history/about_directors-profiles/ About Directors' Profiles
  8. Web site: Global Leaders Create Field Guide to Managing the Six Billion Minds That Make Up the New Global Knowledge Economy. https://web.archive.org/web/20210513130300/https://www.prweb.com/releases/2006/07/prweb411439.htm. dead. May 13, 2021. PRWeb.
  9. Kalinga Seneviratne, "Traditional roles stifle Asia's working women", Asian Economy, Asia Times, 4 December 2002.
  10. News: Kraar . Louis . Autry . Ret . October 7, 1991 . Iron Butterflies . .
  11. Web site: Hour Glass co-founder Jannie Chan declared bankrupt .
  12. Web site: 'Recalcitrant' Hour Glass co-founder Jannie Chan starts 2-week jail term for contempt | The Straits Times. Hermes. Auto. September 9, 2019. www.straitstimes.com.
  13. Web site: Hour Glass co-founder Jannie Chan's share from forced sale of $3.85m apartment to be paid to Official Assignee | The Straits Times. Hermes. Auto. October 15, 2019. www.straitstimes.com.
  14. Sin Kiong Wong and Yu-ju Lai, "Singapore Hakka: Research Institutions and Publications in Recent Years", Global Hakka Studies 1, November 2013, pp. 185 - 214, p. 202 (pdf): "曾秀丽为新马客家企业代表" - "Chan Siew Lee is the representative of Hakka entrepreneurship in Singapore and Malaysia".
  15. Candice Cai, "Hour Glass pair settle legal dispute out of court", AsiaOne, 25 April 2012.
  16. http://www.plushasia.com/media_photo/15847 "Hour Glass pair settle legal dispute out of court"
  17. Web site: 1989 . Fund-raisers get their 'Oscars' .
  18. Web site: 1996 . 3 women honoured for their roles in society .
  19. Web site: 1997 . Hour Glass' Jannie Tay receives top award. .
  20. http://www.monash.edu.au/alumni/news/awards/distinguished-alumni/2003.html Dato' Dr Jannie Chan Siew Lee (BSc 1968, MSc 1971)
  21. Web site: 2009 . Not content to rest on her laurels .
  22. Web site: 2011 . A Great Experience Deserves The Spotlight - Honouring Singapore Tourism . stb.gov.sg . April 26, 2021.
  23. Web site: 1990 . Start own 'buddy' system to get to the top, women execs urged .
  24. Web site: 2002 . Time to live: Jannie Tay's journey .
  25. Web site: 1999 . Jannie Tay is president of retailers association .
  26. Web site: 2002 . Networking group for women business leaders .
  27. Web site: 2002 . C'wealth women's network launched .
  28. Web site: 2003 . A higher degree of service .
  29. Web site: 2004 . New council to plan retail training courses .
  30. Web site: 2016 . The Hour Glass 2016 Annual Report .
  31. Web site: 2011 . APRCE 2011 in Singapore calls on retailers to 'discover, differentiate and deliver .
  32. Web site: Hour Glass pair settle legal dispute out of court . 2022-09-19 . www.asiaone.com.

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