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.
In 1979, she co-founded The Hour Glass Limited, a luxury watch retailer, with her husband, Henry Tay.[4] As of 2015[update], 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]
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]
^ abcCheah 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.