SINGAPORE (April 1): Over the last 20 years, Ivan Chee Yew Fei has been involved in various industries as founder and CEO of Webcon, a privately held diversified company in Malaysia. He led the company to expand into engineering and construction, property development, mining, trading of heavy machinery and investment holding. Now, as iron ore prices remain firm, Chee intends to grow the mining business under newly incorporated Fortress Minerals — by listing the latter on the Catalist board of the Singapore Exchange.

Fortress Minerals is a high-grade iron ore concentrate producer based in Terengganu, Malaysia. Through its wholly-owned subsidiary, Fortress Mining (previously known as Webcon Mining), the company operates an open pit mine at Bukit Besi, near  Kemaman Port.

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