Edition:
India

Summit Ascent Holdings Ltd (0102.HK)

0102.HK on Hong Kong Stock

1.27HKD
19 Jul 2019
Change (% chg)

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Summary

Name Age Since Current Position

Cheok Wa Chau

45 2019 Non-Executive Chairman of the Board

King Yan Chiu

2019 Executive Director

Eric Landheer

48 2017 Executive Director

Siu Pik Ho

54 2017 Company Secretary

Kai Bong Lo

39 2018 Non-Executive Director

Ieong U Chio

45 2018 Non-Executive Director

Pak Ling Wong

55 2019 Non-Executive Director

Kwan Sing Lam

49 2019 Non-Executive Independent Director

Yau Cheung Lau

57 2018 Independent Non-Executive Director

Chak Hung Li

54 2018 Independent Non-Executive Director

Biographies

Name Description

Cheok Wa Chau

Mr. Chau Cheok Wa is Non-Executive Chairman of the Board of the Company. He is currently the chairman, executive director and controlling shareholder of Suncity Group Holdings Limited (stock code: 1383) (“Suncity”), a company listed on The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) and the substantial shareholder of the Company. He was previously an executive director and the chairman of Sun International Group Limited (Stock Code: 8029), a company listed on the GEM of the Hong Kong Stock Exchange and resigned on 5 July 2013. Mr. Chau is also the founder and chairman of the Suncity Group (the “Suncity Group”), which is one of Asia’s leading VIP services and entertainment conglomerates.

King Yan Chiu

Eric Landheer

Mr. Eric Daniel Landheer is Executive Director of the Company. He is currently the Director - Corporate Finance and Strategy and a director of a subsidiary of the Company. He is responsible for leading the Company’s fundraising and other capital markets activities, strategic planning and execution, as well as investor and media relations. He has more than 20 years of experience in the financial markets. Prior to joining the Company in March 2014, Mr. Landheer was Senior Vice President and Head of Issuer Marketing at Hong Kong Exchanges and Clearing Limited from 2011 to 2012 and led their efforts to attract international and Chinese listings to Hong Kong as well as the promotion of offshore Renminbi products. Previously, Mr. Landheer was Head of Asia Pacific for the NASDAQ OMX Group, Inc. for four years based in London and Hong Kong, and was responsible for the NASDAQ’s new listings and retention business as well as media and government relations throughout Asia. Prior to his position as Head of Asia Pacific for the NASDAQ OMX Group, Inc., he worked as Managing Director in the Corporate Client Group for The NASDAQ Stock Market, Inc. for three years and was responsible for IPOs in the Western United States. Before that, Mr. Landheer worked for various brokerage and securities houses in the United States in equity finance and institutional brokerage. Mr. Landheer holds a bachelor’s degree in Political Science with high honors from The University of California, Berkeley in the United States.

Siu Pik Ho

Ms. Ho Siu Pik is Company Secretary of the Company. Ms. Ho is a director of corporate services of Tricor Services Limited, a global professional services provider specializing in integrated business, corporate and investor services. She has over 20 years of experience in the corporate secretarial field and has been providing professional services to certain Hong Kong listed companies. Ms. Ho is currently the company secretary / joint company secretary of Asia Cement (China) Holdings Corporation (stock code: 743), China Greenland Broad Greenstate Group Company Limited (stock code: 1253), China Molybdenum Co., Ltd. (stock code: 3993), China Rundong Auto Group Limited (stock code: 1365), Goodbaby International Holdings Limited (stock code: 1086) and Natural Beauty Bio-Technology Limited (stock code: 157). Ms. Ho is a Chartered Secretary and a Fellow of both The Hong Kong Institute of Chartered Secretaries (“HKICS”) and The Institute of Chartered Secretaries and Administrators in the United Kingdom. She is a holder of the Practitioner’s Endorsement from HKICS. She holds an Honours Diploma in Company Secretaryship & Administrators from Lingnan College (now known as Lingnan University) and a Master of Business Administration degree from University of Wales

Kai Bong Lo

Mr. Lo Kai Bong serves as Non-Executive Director of the company. He has obtained a Bachelor of Arts degree from the University of Winnipeg in Canada. Mr. Lo is currently an executive director of Suncity Group Holdings Limited (stock code: 1383) (formerly known as Sun Century Group Limited, together with its subsidiaries as “Suncity”), a company listed on the Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”). As at the date of this announcement, Suncity is interested in 49,042,000 shares, representing approximately 3.29% of the issued share capital of the Company. Mr. Lo is also the chief investment officer of the Suncity Group, which is one of Asia’s leading VIP services and entertainment conglomerates. Mr. Lo has been involved in business development of the Suncity Group’s overseas businesses. Mr. Lo is also responsible for the corporate management, mergers and acquisitions of the Suncity Group and is experienced in the gaming industry. Mr. Lo was an executive director of Sun International Group Limited (stock code: 8029) (formerly known as Sun International Resources Limited), a company listed on the Growth Enterprise Market of the Hong Kong Stock Exchange, from 13 August 2013 to 28 February 2015.

Ieong U Chio

Dr. U Chio Ieong is Non-Executive Director of the Company. He is a well-rounded businessman and philanthropist with a wealth of experience and connections in various fields. Dr. U has held management positions in a number of private companies in China, Hong Kong and Macau, in which he has shareholding interests. These companies are mainly engaged in real estate, graphene mining, food and beverage, hotels, finance, travel, rosewood furniture and crafts. Dr. U is a member of the Fuzhou Committee of Chinese People’s Political Consultative Conference in Fujian Province, China. He is also a keen supporter of community services and serves as the Standing Member of Fujian Federation of Returned Overseas Chinese, the Deputy Chairman of the International Society of Fuqing Clansmen, Permanent Honorary Chairman of the Macau Society of Fuqing Clansmen, the first Director of the Fujian Province Overseas Chinese Charity Foundation, the second Deputy Chairman of Fujian Overseas Chinese Enterprise Development Foundation, Honorary Deputy Chairman of Fujian Women and Children’s Development Foundation, Executive Vice President of Fuzhou Overseas Chinese Chamber of Commerce, Deputy Chairman of Yongtai County Charity Federation, and Fuqing City Overseas Friendship Association. Dr. U is also the Founding Chairman of Benevolence International Charity Association. He was granted the 15th “World Outstanding Chinese Award” by World Chinese Business Investment Foundation. In 2017, Dr. U was granted an Honorary Doctorate Degree in Business Administration by Sabi University, which is an accredited international private university located in Paris, France.

Pak Ling Wong

Mr. Wong Pak Ling Philip is Non-Executive Director of the Company. He is currently the chief financial officer of Suncity Group. Mr. Wong has over 30 years of experience in tax, audit, accounting, and corporate finance, obtained from his previous working experience in international accounting firms and various companies in Hong Kong and Macau. Prior to joining the Suncity Group, he was the chief financial officer of Altira Macau from June 2009 to February 2011, a hotel casino owned by Melco Resorts & Entertainment Limited which is a company listed on the NASDAQ Global Select Market (stock code: MLCO). From April 2005 to June 2009, Mr. Wong was the vice president – finance of Galaxy Casino S.A., a subsidiary of Galaxy Entertainment Group Limited (stock code: 27), a company listed on the Hong Kong Stock Exchange. From April 2003 to April 2005, he was the finance director of Huawei Technology Investment Limited, a subsidiary of Huawei Technology Company Limited. Mr. Wong holds a master’s degree in business administration from the Heriot-Watt University in the United Kingdom. He is a member of the Institute of Chartered Secretaries and Administrators and the Institute of Chartered Accountants in England and Wales. He is also a fellow member of the Hong Kong Institute of Certified Public Accountants and the Association of Chartered Certified Accountants in the United Kingdom.

Kwan Sing Lam

Mr. Lam Kwan Sing is Non-Executive Independent Director of the Company. He has obtained a Bachelor of Arts in Accountancy degree from the City University of Hong Kong. He has over 20 years of experience in the commercial and corporate finance field. Currently he is an executive director and chief executive officer of SFund International Holdings Limited (a company listed on the Main Board of the Hong Kong Stock Exchange, stock code: 1367) and is also an independent non-executive director of Hao Tian Development Group Limited (a company listed on the Main Board of the Hong Kong Stock Exchange, stock code: 474). In addition, Mr. Lam is a director of China Natural Resources Inc. since 2003 (a company listed on NASDAQ). Mr. Lam was an executive director of China Smarter Energy Group Holdings Limited (a company listed on the Main Board of the Hong Kong Stock Exchange, stock code: 1004) from 1 August 2010 to 16 August 2017.

Yau Cheung Lau

Mr. Lau Yau Cheung is an Independent Non-Executive Director of the Company. He holds a bachelor’s degree in commerce from the University of Toronto in Canada. Mr. Lau has over 24 years of experience in business strategies and corporate finance and 6 years of experience in the securities trading business. He has served in various senior management positions with both private and public companies in Hong Kong and overseas. Mr. Lau is currently an independent nonexecutive director and chairman of the board of the directors of Sandmartin International Holdings Limited (“Sandmartin”), a company listed on the Hong Kong Stock Exchange. A winding up petition dated 5 July 2017 was filed by a petitioner against Sandmartin (the “Petition”), which was prior to the appointment of Mr. Lau as an independent non-executive director of Sandmartin on 7 August 2017 and chairman of the board of directors of Sandmartin on 18 August 2017. As at the date of this announcement, judgement in respect of the Petition has yet to be delivered by the High Court of Hong Kong (the “Court”) and at the case management hearing held on 25 October 2018, the Court ordered that time for the exchange of the witness statement in reply be extended to 30 November 2018.

Chak Hung Li

Mr. Li Chak Hung is an Independent Non-Executive Director of the Company. He graduated from The Chinese University of Hong Kong and holds a Bachelor’s Degree of Business Administration. He is a practicing Certified Public Accountant of the Hong Kong Institute of Certified Public Accountants and a Fellow of The Taxation Institute of Hong Kong. He has over 25 years’ experience in accounting, auditing, taxation and financial management. Mr. Li is currently an independent non-executive director of DreamEast Group Limited, Asiasec Properties Limited and Sandmartin, and he was an independent non-executive director of ChinaVision Media Group Limited (now known as Alibaba Pictures Group Limited) from September 2004 to June 2014, all of them are listed on the Hong Kong Stock Exchange. As at the date of this announcement, judgement in respect of the Petition against Sandmartin has yet to be delivered by the Court and at the case management hearing held on 25 October 2018, the Court ordered that time for the exchange of the witness statement in reply be extended to 30 November 2018.