Edition:
India

Lai Sun Development Co Ltd (0488.HK)

0488.HK on Hong Kong Stock

8.12HKD
14 Aug 2020
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Summary

Name Age Since Current Position

Kin Ngok Lam

62 2005 Executive Chairman of the Board

Shu Yan Lau

63 2005 Chief Executive Officer, Executive Director

Fook Aun Chew

57 2012 Executive Deputy Chairman of the Board

Hau Yin Lam

38 2012 Executive Director

Seng Yum Tham

50 2019 Executive Director

Kwok Wor Chow

2013 Company Secretary

Kin Ming Lam

82 1959 Non-Executive Director

Po Chu U

94 1993 Non-Executive Director

Shu Kwan Ip

68 2009 Independent Non-Executive Director

Bing Kwan Lam

70 2002 Independent Non-Executive Director

Shu Yin Leung

70 2004 Independent Non-Executive Director

Wang Ching Leung

40 2018 Independent Non-Executive Director

Biographies

Name Description

Kin Ngok Lam

Dr. Kin Ngok Lam serves as Executive Chairman of the Board of the Company. He has been an Executive Director since June 1977 and is presently a member of the Executive Committee of the Company. He is also the deputy chairman and executive director of LSG and an executive director of Crocodile Garments Limited (“CGL”), a company listed on the Main Board of the Stock Exchange as well as the chairman and an executive director of MAGHL. Dr. Lam was an executive director of eSun from 15 October 1996 to 13 February 2014. Dr. Lam was the chairman and an executive director of Lai Fung from 25 November 1993 to 31 October 2012. Dr. Lam has extensive experience in the property development and investment business, hospitality and media and entertainment business. He was conferred an Honorary Doctorate by The Hong Kong Academy for Performing Arts in June 2011. Dr. Lam received the Gold Bauhinia Star award from the Government of the Hong Kong Special Administrative Region (“HKSAR”) on 1 July 2015. , a member of Friends of Hong Kong Association Limited, a director of Hong Kong-Vietnam Chamber of Commerce Limited, a non-official member of the Lantau Development Advisory Committee, an honorary chairman of Federation of HK Jiangsu Community Organisations, the chairman of Hong Kong Cultural Development Research Institute Limited.

Shu Yan Lau

Mr. Lau Shu Yan (Julius) is Chief Executive Officer and Executive Director of Lai Sun Development Company Limited. He joined the Company as an executive Director in July 1991 and is a member of the Executive Committee of the Company. Mr. Lau was an executive director of Lai Fung from 22 April 2005 to 16 January 2015. Prior to joining the Lai Sun Group, he was a director of Jones Lang Wootton Limited and subsequently Jardine Fleming Broking Limited. Mr. Lau is a director and a member of the Executive Committee of The Real Estate Developers Association of Hong Kong. Mr. Lau graduated with an honour degree of Bachelor of Social Science from the University of Hong Kong in 1980.

Fook Aun Chew

Mr. Chew Fook Aun is Executive Deputy Chairman of the Board of Lai Sun Development Company Limited. He was appointed the Deputy Chairman and an Executive Director on 5 June 2012 and is presently a member of the Executive Committee and Remuneration Committee. He was also appointed a deputy chairman and an executive director of LSG, an executive director of eSun and the chairman and an executive director of Lai Fung. Mr. Chew has over 30 years of experience in accounting, auditing and finance in the United Kingdom (“UK”) and Hong Kong. He graduated from the London School of Economics and Political Science of the University of London in the UK with a Bachelor of Science (Economics) Degree. Mr. Chew is a fellow member of both the Hong Kong Institute of Certified Public Accountants (“HKICPA”) and The Institute of Chartered Accountants in England and Wales. He was also a council member of the HKICPA and its vice president in 2010. Mr. Chew is currently a member of the Operations Review Committee of the Independent Commission Against Corruption (“ICAC”) and a member of the Barristers Disciplinary Tribunal Panel, both being organisations established in Hong Kong. In addition, he was appointed a member of the Board of Directors of the Hong Kong Sports Institute Limited for a term of two years with effect from 1 April 2019. He was a member of the Advisory Committee of the Securities and Futures Commission, the Corruption Prevention Advisory Committee of the ICAC, the Standing Committee on Company Law Reform of the Companies Registry and a council member of the Financial Reporting Council.

Hau Yin Lam

Mr. Lam Hau Yin (Lester) is Executive Director of Lai Sun Development Company Limited. He was appointed an Executive Director and a member of the Executive Committee of the Company with effect from 1 November 2012. He is also an executive director of LSG and eSun as well as an executive director and the chief executive officer of Lai Fung. Further, Mr. Lam is an alternate director to Madam U Po Chu in her capacity as an executive director of LSG. Mr. Lam holds a Bachelor of Science in Business Administration degree from Northeastern University, Boston, the United States of America and has completed the Kellogg – HKUST Executive MBA programme in July 2016. He joined the Company as a vice president in January 2004 and has acquired working experience since 1999 in various companies engaged in securities investment, hotel operations, environmental products, entertainment and property development and investment.

Seng Yum Tham

Mr. Tham Seng Yum is Executive Director of the Company. Mr. Tham has over 28 years of experience in banking, accounting and finance and management gained mainly in Greater China, Asia Pacific and UK. Mr. Tham was awarded a Master of Engineering degree in Chemical Engineering from Imperial College, University of London, UK in 1991. Mr. Tham is a fellow member of both the Institute of Chartered Accountants in England and Wales and HKICPA. He is also a member of the Hong Kong Securities and Investment Institute. Mr. Tham is currently a member of the Finance Committee of the Council of The Hong Kong University of Science and Technology and the Deputy Chairman of the Registration and Practicing Committee of the HKICPA. Prior to joining the Company, Mr. Tham was General Manager, Corporate Banking of Sumitomo Mitsui Banking Corporation, Hong Kong Branch since June 2018. He worked for the Swire Group from July 2012 to May 2018 where he held the positions of Finance Director of Swire Pacific Offshore based in Singapore and Director of Corporate Finance of Swire Pacific Limited based in Hong Kong. He was Managing Director, Head of Family Office and Coverage, Hong Kong at HSBC Global Banking from January 2011 to June 2012. He worked for Macquarie Capital Asia based in Hong Kong from August 2004 to December 2010 where his last position was Senior Managing Director, Head of Real Estate, Asia. He worked for HSBC Investment Banking, Asia based in Hong Kong from November 1994 to July 2004 where his last position was Director, Corporate Finance. He worked for Price Waterhouse, in London, UK and Hong Kong as an auditor from August 1991 to October 1994.

Kwok Wor Chow

Mr. Chow Kwok Wor is Company Secretary of Lai Sun Development Company Limited., since March 14, 2013. Mr. Chow is a fellow member of The Institute of Chartered Secretaries and Administrators, The Hong Kong Institute of Chartered Secretaries and Hong Kong Institute of Certified Public Accountants.

Kin Ming Lam

Dr. Lam Kin Ming (Lawrence) is Non-Executive Director of Lai Sun Development Company Limited. He has been a Director of the Company since June 1959 and is presently a member of the Audit Committee. He is also the chairman and an executive director of LSG, the deputy chairman and an executive director of Lai Fung and the chairman, the chief executive officer and an executive director of CGL. The issued shares of LSG, Lai Fung and CGL are listed and traded on the Main Board of the Stock Exchange. LSG is the ultimate holding company of the Company. Dr. Lam has extensive experience in property development and investment and has been involved in the management of garment business since 1958. He received an honorary doctorate degree from the International American University in the United States of America in 2009 and was admitted as Honorary Doctorate of Management of the Lincoln University in the United States of America in February 2014.

Po Chu U

Mme. U Po Chu is Non-Executive Director of Lai Sun Development Company Limited since December 1993. She has been a Director of the Company since December 1993. She is also a non-executive director of eSun and an executive director of Lai Fung. Further, Madam U has been re-designated as an executive director of LSG with effect from 27 November 2012. The issued shares of LSG, eSun and Lai Fung are listed and traded on the Main Board of the Stock Exchange. LSG is the ultimate holding company of the Company while the Company is the controlling shareholder of eSun which in turn is the ultimate holding company of Lai Fung. Madam U has over 55 years’ experience in the garment manufacturing business and had been involved in the printing business since the mid-1960’s. She started to expand the business to fabric bleaching and dyeing in the early 1970’s and became involved in property development and investment in the late 1980’s.

Shu Kwan Ip

Mr. Ip Shu Kwan (Stephen) is an Independent Non-Executive Director of Lai Sun Development Company Limited since December 29, 2009. Mr. Ip graduated from the University of Hong Kong with a Bachelor degree in Social Sciences in 1973. He joined the Hong Kong Government in November 1973 and was promoted to the rank of Director of Bureau in April 1997. He worked in the Government of the HKSAR as a Principal Official from July 1997 to June 2007. Senior positions held by Mr. Ip in the past included Commissioner of Insurance, Commissioner for Labour, Secretary for Economic Services and Secretary for Financial Services. Mr. Ip took up the position of Secretary for Economic Development and Labour on 1 July 2002. His portfolio in respect of economic development covered air and sea transport, logistics development, tourism, energy, postal services, meteorological services, competition and consumer protection. He was also responsible for labour policies including matters relating to employment services, labour relations and employees’ rights. Mr. Ip retired from the Government of the HKSAR in July 2007. Mr. Ip received the Gold Bauhinia Star award from the Government of the HKSAR in 2001 and is an unofficial Justice of the Peace. Mr. Ip is currently an independent non-executive director of four other publicly-listed companies, namely China Resources Cement Holdings Limited, Kingboard Laminates Holdings Limited, Luk Fook Holdings (International) Limited and Nameson Holdings Limited. The issued shares of all the aforesaid companies are listed and traded on the Main Board of the Stock Exchange.

Bing Kwan Lam

Mr. Lam Bing Kwan is an Independent Non-Executive Director of Lai Sun Development Company Limited since July 2002. Mr. Lam graduated from the University of Oregon in the United States of America with a Bachelor of Business Administration degree in 1974. He has substantial experience in the property development and investment in China, having been actively involved in this industry since the mid-1980’s. Mr. Lam has served on the boards of directors of a number of listed companies in Hong Kong for over 10 years and is currently a non-executive director of Sino-i Technology Limited and Nan Hai Corporation Limited and an independent non-executive director of LSG and Lai Fung. The issued shares of all the aforesaid companies are listed and traded on the Main Board of the Stock Exchange. LSG is the ultimate holding company of the Company. Mr. Lam retired as an independent non-executive director of eForce Holdings Limited on 4 June 2018.

Shu Yin Leung

Mr. Leung Shu Yin (William), CPA, is an Independent Non-Executive Director of Lai Sun Development Company Limited since September 2004. Mr. Leung is a certified public accountant, a member of the Hong Kong Securities and Investment Institute and a fellow of both the Association of Chartered Certified Accountants in the United Kingdom and the Hong Kong Institute of Certified Public Accountants. He is a practising director of two certified public accountants’ firms in Hong Kong and is also an independent non-executive director of LSG, CGL and Mainland Headwear Holdings Limited. The issued shares of all the aforesaid companies are listed and traded on the Main Board of the Stock Exchange. LSG is the ultimate holding company of the Company.

Wang Ching Leung

Mr. Wang Ching Leung serves as Independent Non-Executive Director of the Company. Mr. Leung graduated from the University of Cambridge in the United Kingdom with a Bachelor of Arts degree and a Master of Arts degree in Economics in June 1999 and March 2003, respectively. Mr. Leung has approximately 18 years of experience in the textile and apparel industry. He is a director of Sun Hing Knitting Factory Limited and an independent non-executive director of Hingtex Holdings Limited, a company listed on the Main Board of the Stock Exchange. Mr. Leung participates in several government committees of the HKSAR. He is member of the Legal Aid Services Council, the Commission on Poverty, the Tourism Strategy Group, the Hong Kong Tourism Board, the Youth Development Commission and board member of the Vocational Training Council. He also served as member of the Town Planning Board, Textiles Advisory Board, the HKSAR SME Committee, the Trade and Industry Advisory Board and non-full-time member of the Central Policy Unit.

Basic Compensation