Edition:
India

Hang Lung Group Ltd (0010.HK)

0010.HK on Hong Kong Stock

18.32HKD
7 Aug 2020
Change (% chg)

HK$-0.14 (-0.76%)
Prev Close
HK$18.46
Open
HK$18.20
Day's High
HK$18.38
Day's Low
HK$18.14
Volume
417,200
Avg. Vol
1,454,463
52-wk High
HK$21.45
52-wk Low
HK$14.02

Summary

Name Age Since Current Position

Chichung Chan

70 1991 Executive Chairman of the Board

Wai Pak Lo

49 2018 Chief Executive Officer, Executive Director

Hau Cheong Ho

60 2010 Chief Financial Officer, Executive Director

Adriel Chan

37 2016 Executive Director

Ka Man Yan

2017 Director - General Counsel, Company Secretary

Lokchung Chan

68 1986 Non-Executive Director

Ka Ki Chang

67 2015 Non-Executive Director

Yang Chung Chen

56 2015 Non-Executive Director

Sik On Ip

71 1998 Independent Non-Executive Director

Cheung Kong Liao

62 2014 Independent Non-Executive Director

Pak Wai Liu

72 2015 Independent Non-Executive Director

Lap-Chee Tsui

69 2014 Independent Non-Executive Director

Biographies

Name Description

Chichung Chan

Mr. Chichung Chan serves as Executive Chairman of the Board of the Company. He joined the Group in 1972, and became Chairman in 1991. He also serves as Chairman of Hang Lung Properties Limited, the Group’s major publicly listed subsidiary. Mr. Chan is Vice-President of The Real Estate Developers Association of Hong Kong, Chairman Emeritus of Asia Society and Chairman of its Hong Kong Center. He is also a former Chairman of the Executive Committee of One Country Two Systems Research Institute, and former Vice President and former Advisor of the China Development Research Foundation in Beijing. Mr. Chan sits on the governing or advisory bodies of several think-tanks and universities, including Peterson Institute for International Economics, The Hong Kong University of Science and Technology, and University of Southern California, USA, where he received his MBA. He is a Fellow of the American Academy of Arts and Sciences. Mr. Chan is the brother of Mr. Gerald Chan, a Non-Executive Director of the Company and the father of Mr. Adriel Chan, an Executive Director of the Company.

Wai Pak Lo

Mr. Lo Wai Pak is Chief Executive Officer, Executive Director of the company since July 16, 2018. He joined the Company and its major listed subsidiary, Hang Lung Properties Limited, as Chief Executive Officer Designate in May 2018, and became Chief Executive Officer in July 2018. Mr. Lo has more than 25 years of experience in business management across the banking and fast-moving consumer goods sectors in Hong Kong and mainland China. Mr. Lo graduated from The University of Hong Kong in 1993 with a Bachelor of Social Sciences degree.

Hau Cheong Ho

Mr. Hau Cheong Ho is Chief Financial Officer, Executive Director of Hang Lung Group Ltd. He joined the Group in 2008. He was appointed to the Board of the Company and of its publicly listed subsidiary, Hang Lung Properties Limited, in 2010. Mr. Ho possesses over 30 years of management experience covering a wide range of industries in England, Australia, Hong Kong and Mainland China. He qualified as a chartered accountant in England and Wales and Australia and holds an MBA from the University of Melbourne, Australia and a Bachelor of Commerce Degree in Accounting from the University of Birmingham, UK.

Adriel Chan

Mr. Adriel Wenbwo Chan serves as Executive Director of the Company. He joined the Group in 2010. He was appointed to the Board of the Company and of its major listed subsidiary, Hang Lung Properties Limited, in 2016. He is now mainly responsible for the Development and Design Department, Project Management Department (including its asset assurance & improvement team) and Cost & Controls Department. Mr. Chan is also the chairman of the Sustainability Steering Committee and a member of Enterprise Risk Management Working Group, among his other responsibilities within the Group. Prior to joining the Group, he worked in finance, audit, advisory, and risk management fields. Mr. Adriel Chan is a member of the executive committee of The Real Estate Developers Association of Hong Kong, the advisory council of The Hong Kong University of Science and Technology (the “HKUST”) Business School, and overseers committee of Morningside College of The Chinese University of Hong Kong. He holds an Executive Master of Business Administration degree jointly awarded by the Kellogg School of Management at Northwestern University, USA and the HKUST, and a Bachelor of Arts degree in International Relations from University of Southern California, USA. Mr. Chan is a son of Mr. Ronnie Chan, Chairman of the Group.

Ka Man Yan

Ms. Ka Man Yan serves as Director - General Counsel, Company Secretary of the Company. She joined the Group in 2017. She possesses 30 years of legal advisory experience. Ms. Yan is a solicitor qualified to practice in Hong Kong. She holds a Postgraduate Certificate in Laws and a Bachelor of Laws degree from The University of Hong Kong. She is also a member of The Law Society of Hong Kong, The Law Society of England & Wales and The Law Society of ACT, Australia.

Lokchung Chan

Mr. Lokchung Chan Ph.D. serves as Non-Executive Director of the Company. He has been a Director of the Company since 1986. As co-founder of Morningside, Mr. Chan has been active in venture capital and private equity investments since 1987. He also serves on the advisory boards of numerous universities including the University of California, Los Angeles, Harvard University and also the Chair of Overseers Committee of Morningside College, The Chinese University of Hong Kong. Mr. Chan received his undergraduate training in engineering at the University of California, Los Angeles, and his Doctor of Science degree from Harvard University. He is the Chairman of Apellis Pharmaceuticals, Inc. and Stealth BioTherapeutics Corp, and was a Non-Executive Director of Aduro Biotech, Inc. Mr. Chan is the brother of Mr. Ronnie Chan, Chairman of the Group.

Ka Ki Chang

Mr. Ka Ki Chang serves as Non-Executive Director of the Company. He is managing director of Morningside Group chaired and co-founded by Mr. Gerald Chan and co-founded by Mr. Ronnie Chan. Mr. Chang started his professional career in a major international accounting firm and has over eight years of experience in public accounting in Hong Kong and Toronto. Prior to joining Morningside Group in 1991, he held senior financial positions in several international manufacturing and trading companies. Mr. Chang received his M.B.A. degree from the University of Wisconsin at Madison and is a member of the American Institute of Certified Public Accountants, Canadian Institute of Chartered Accountants and Hong Kong Institute of Certified Public Accountants. He sits on the board of several private companies in Asia and North America. Mr. Chang formerly served as a board member of the publicly-traded companies and accumulated experience in high technology companies. He is an independent non-executive director of Crystal International Group Limited.

Yang Chung Chen

Mr. Yang Chung Chen serves as Non-Executive Director of the Company. He is the Chairman and Chief Executive Officer of Grace Financial Limited specializing in wealth management. He is also a Director of Sterling Enterprises Limited responsible for managing various investments in global markets. Starting his career as merchant banker in the US and UK until joining Sterling Enterprises Limited since 1993, Mr. Chen has accumulated extensive experience in international banking, finance and investment. Mr. Chen has been actively involved in promoting and improving corporate governance with a special interest in family business situations since 2000 and was appointed the founding director of the Family Business Network Pacific Asia Ltd. (FBNPA) from 2008 to 2012. He is also the Chairman of Seeds Foundation and serves on the grants committee of ZeShan Foundation and Seeds Foundation. He previously served as a member of the Listing Committee of Hong Kong Stock Exchange, Takeovers and Mergers Panel and the Public Shareholders Group of the Securities and Futures Commission of Hong Kong. Mr. Chen received his Bachelor of Arts degree in Economics from Claremont McKenna College, and an MBA from Columbia University in the US.

Sik On Ip

Dr. Sik On Ip CBE serves as Independent Non-Executive Director of the Company. He joined the Board in 1998. He is a solicitor and Notary Public. Mr. Ip has a distinguished record of public service. He is a former Legislative Councillor, past President of the Law Society of Hong Kong, a past member of the Exchange Fund Advisory Committee, a past member of The Advisory Committee on Post-service Employment of Civil Servants and a member of the Advisory Committee on Post-office Employment for Former Chief Executives and Politically Appointed Officials. Mr. Ip is also a former Chairman of the Hong Kong Jockey Club. He is the Founding Chairman of the Hong Kong Institute of Education (now known as The Education University of Hong Kong) and holds honorary positions in two local universities and Tsinghua University. Mr. Ip was an Independent Non- Executive Director of (Yangtze Optical Fibre and Cable Joint Stock Limited Company). He was awarded the Gold Bauhinia Star in July 2017.

Cheung Kong Liao

Mr. Cheung Kong Liao serves as Independent Non-Executive Director of the Company. He is elected Deputy (representing Hong Kong Special Administrative Region (“HKSAR”)) to the 11th to 13th National People’s Congress of the People’s Republic of China. He has been appointed as a Non-Official Member of the Executive Council of the HKSAR since November 2016 and also serves as a Member of the Legislative Council of the HKSAR. Mr. Liao previously served as Chairman of the Anti-Money Laundering and Counter-Terrorist Financing Review Tribunal. He graduated with a Bachelor of Economic Science (Hons) degree and a Master of Laws degree from University College London. Mr. Liao was Called to the Bar in England and Wales in 1984 and was Called to the Bar in Hong Kong in 1985 and is a practising barrister in Hong Kong. He is also an advocate and solicitor admitted in Singapore since 1992. Mr. Liao is an Independent Non-Executive Director of Bank of China Limited. He was awarded the Silver Bauhinia Star in 2014 and Gold Bauhinia Star in 2019, and appointed Justice of the Peace in 2004.

Pak Wai Liu

Prof. Pak Wai Liu serves as Independent Non-Executive Director of the Company. He is Research Professor and was formerly Pro-Vice-Chancellor of The Chinese University of Hong Kong. He was formerly Director of the Institute of Global Economics and Finance and was appointed Distinguished Fulbright Scholar in 2000-01. Prof. Liu serves on many government advisory bodies. He is the Chairman of the Advisory Committee on Post-office Employment for Former Chief Executives and Politically Appointed Officials and a member of the Judicial Officers Recommendation Commission. Prof. Liu was a past member of the Working Group on Long-Term Fiscal Planning of the HKSAR, the Commission on Strategic Development, the Independent Commission on Remuneration for Members of the Executive Council and the Legislature, and Officials under the Political Appointment System of the HKSAR, the Provisional Minimum Wage Commission, the Independent Commission on Remuneration for the Members of the District Councils of the HKSAR and the Aviation Development Advisory Committee. He is also a Director of the Hong Kong Institute for Monetary and Financial Research of the Hong Kong Monetary Authority and the Shenzhen Finance Institute. He was a Non-Executive Director of the Securities and Futures Commission and Chairman of its Remuneration Committee. Prof. Liu received his AB degree from Princeton University and Ph.D degree from Stanford University in the US. He is an Independent Non-Executive Director of Transport International Holdings Limited and China Zheshang Bank Co., Ltd., and was an Independent Non-Executive Director of Hang Lung Properties Limited, listed subsidiary of the Company. Prof. Liu was awarded the Silver Bauhinia Star (SBS) in 1999, and appointed Justice of Peace (JP) in 2006.

Lap-Chee Tsui

Prof. Lap-Chee Tsui is an Independent Non-Executive Director of Hang Lung Group LtdProf. Tsui was the fourteenth Vice-Chancellor of the University of Hong Kong. He was a member of the Research Institute at The Hospital for Sick Children in Toronto, Canada since 1981, rising to Geneticist-in-Chief of the Hospital in 1996 and Head of the Genetics and Genomic Biology Program in 1998. Prof. Tsui also held academic appointments at the University of Toronto since 1983, was awarded the title of University Professor in 1994 and has held an Emeritus status since 2006. He was also the President of the Human Genome Organization from 2000 to 2002. Prof. Tsui has received numerous awards for his work, including the Royal Society of Canada Centennial Award in 1989, Gairdner International Award in 1990, Cresson Medal of Franklin Institute in 1992, XII Sanremo International Award for Genetic Research in 1993, the Distinguished Scientist Award from the Medical Research Council, Canada in 2000, Killam Prize of Canada Council in 2002, the European Cystic Fibrosis Society Award in 2009 and the 2018 Warren Alpert Foundation Prize. He was elected as Fellow of the Royal Society of Canada in 1990, Fellow of the Royal Society of London in 1991, Member of Academia Sinica in 1992, Foreign Associate of the National Academy of Sciences of the US in 2004, Foreign Member of the Chinese Academy of Sciences in 2009, and Founding President of The Academy of Sciences of Hong Kong (now known as Hong Kong Academy of Sciences) in 2015. Prof. Tsui obtained a bachelor’s degree and master’s degree in biology from The Chinese University of Hong Kong in 1972 and 1974 respectively. He also obtained a doctorate degree in biological sciences from the University of Pittsburgh in 1979. Prof. Tsui is an Independent Non-Executive Director of PuraPharm Corporation Limited. He was awarded the Grand Bauhinia Medal in July 2016.

Basic Compensation

Name Fiscal Year Total

Chichung Chan

43,000,000

Wai Pak Lo

36,900,000

Hau Cheong Ho

11,400,000

Adriel Chan

12,600,000

Ka Man Yan

--

Lokchung Chan

700,000

Ka Ki Chang

900,000

Yang Chung Chen

700,000

Sik On Ip

1,200,000

Cheung Kong Liao

900,000

Pak Wai Liu

1,100,000

Lap-Chee Tsui

900,000
As Of  31 Dec 2019