About

Previously based in Malaysia, animal feed business Gold Coin Group’s headquarters was relocated in June 2017 to Singapore. Xae Hoyy, who leads the team and is now based there, managed the transition to the new centre of operations, a significant task that included ‘the streamlining and centralising of legal reporting functions from local entities’, as he explains. The company’s operations are in action in a number of diverse countries (namely Malaysia, Indonesia, Sri Lanka, China, Vietnam, Thailand, Myanmar & Philippines), and this provides a number of challenges for the team. Despite this, it has been at the forefront of a number of projects in support of the business’s objectives. Hoyy names a few of these: ‘The team has been involved in the acquisition of a new mill in Vietnam, a joint venture with the Malaysian entity, the acquisition of a Thai entity including IP, and the setting up business platform in Myanmar’. Hoyy describes the team’s strategy simply as one of ‘stewardship and delivering excellence’.