About.
A diversified investment group with more than 40 years of operating history in global markets — connecting Australian opportunity with international capital, knowledge, and networks.
ASF Group is an ASX-listed diversified investment company led by a team of international investment professionals. The Group holds significant positions across capital markets, property development, resources exploration, and technology — with a strategy built around identifying and realising opportunities at the intersection of Australian assets and global demand.
Our strength comes from promoting transnational real asset investment and the transfer of technology and commercial knowledge between markets. Over more than 45 years of operation, ASF has built a track record of creating growth across every sector it has entered.
The key to this track record is a sophisticated understanding of the cultural, commercial, and market dynamics that govern investment outcomes in both Australia, the Asia-Pacific, and Europe — combined with an established network of individuals, institutions, and businesses that enables us to move from opportunity to execution.
Board of Directors.
ASF Group is led by a board with combined experience spanning capital markets, property development, resources, law, accounting, and corporate governance across Australia, the Asia-Pacific, and Europe. The board's diversity of background and geographic reach directly reflects and enables the Group's transnational investment model.
Min Yang
Chair
Ms Yang possesses over 30 years of experience in driving collaboration with private and public sector players across the Asia-Pacific region. Her expertise lies in the identification and realisation of real asset investment opportunities. Ms Yang's extensive business connections and market knowledge underpin ASF's global investment strategy. Under Ms Yang's leadership, ASF continues to spearhead strategic investment between Australia and international markets.
David Fang
Executive Director
Mr Fang has over 30 years of experience in property development and sales across Australia and has led the acquisition, marketing, and delivery of projects — from high-end residential developments through to large-scale urban renewal projects. Mr Fang continues to advance the Group through the realisation of property development projects and the identification of new opportunities to generate further shareholder value.
Alex Lao
Non-Executive Deputy Chair
Mr Lao is the Managing Director of ASF Macau Multinational Holdings Limited and oversees Multinational Youth Travel Agency Limited. Based in Macau, Mr Lao has extensive business interests across property, travel, and retail industries in the region.
Geoff Baker
Director
Mr Baker is a qualified lawyer in Australia and Hong Kong. Holds a BCom (Accounting & Financial Management), LLB, and MBA. Practised extensively for 30 years across Australia, Japan, Asia, and China before joining ASF. Assists with the Group's international operations.
William Kuan
Director
Mr Kuan holds a Masters in International Accounting, is a Fellow of CPA Australia, and a member of ICSA (UK). Joined ASF as Company Secretary in 2010 and oversees financial and corporate governance matters. Extensive experience in accounting, corporate finance, and company secretarial practice.
Waisang Ho
Director
Waisang Ho is an experienced property developer in southern China with substantial property interests across the region. His expertise and market presence in Southern China directly complements ASF's Australia–Asia investment strategy.
David Fang
Executive Director