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BOARD OF DIRECTORS



Vanguard Hotels

Donald Devivo, Chairman

Representative of Zesiger Capital Group, New York, NY
Vanguard Hotels

Bruce Musick, CEO

Representative of Vanguard Ventures Pte Ltd, Singapore
Vanguard Hotels

Datuk Ir. Rosaline Ganendra

Representative of Fresh Water Universal Inc, Kuala Lumpur, Malaysia
Vanguard Hotels

Peter Coney

Representative of V12 Pte Ltd
Vanguard Hotels

Tony Wales

Representative of Welas Pte Ltd, Sydney, Australia