People: NWS Holdings Ltd (0659.HK)

0659.HK on Hong Kong Stock

10 Jul 2020
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Cheng, Kar-Shun 

Dr. Kar-Shun Cheng LL.D. serves as Executive Chairman of the Board of the Company. He is also the Chairman of the Executive Committee and the Nomination Committee of the Company and a director of certain subsidiaries of the Group. Dr Cheng is the Chairman and Executive Director of New World Development Company Limited, a substantial shareholder of the Company, and Chow Tai Fook Jewellery Group Limited, the Chairman and Non-executive Director of New World Department Store China Limited and FSE Services Group Limited, the Vice Chairman and Non-executive Director of i-CABLE Communications Limited and the Non-executive Director of DTXS Silk Road Investment Holdings Company Limited (appointed on 28 August 2019), all being listed public companies in Hong Kong. He was the Chairman and Executive Director of International Entertainment Corporation (resigned on 10 June 2017), the Chairman and Non-executive Director of Newton Resources Ltd (resigned on 9 April 2018), and an independent non-executive director of HKR International Limited (resigned on 31 March 2018) and Hang Seng Bank Limited (retired on 10 May 2018), and a non-executive director of SJM Holdings Limited (retired on 11 June 2019), all being listed public companies in Hong Kong. Dr Cheng is also the Chairman and Managing Director of New World China Land Limited, the Chairman of New World Hotels (Holdings) Limited and a director of several substantial shareholders of the Company, namely Cheng Yu Tung Family (Holdings) Limited, Cheng Yu Tung Family (Holdings II) Limited, Chow Tai Fook Capital Limited, Chow Tai Fook (Holding) Limited, Chow Tai Fook Enterprises Limited and Mombasa Limited. Dr Cheng is the Chairman of the Advisory Council for The Better Hong Kong Foundation. He was a Standing Committee Member of the Twelfth Chinese People’s Political Consultative Conference of the People’s Republic of China. Dr Cheng was awarded the Gold Bauhinia Star and the Grand Bauhinia Medal in 2001 and 2017 respectively by the Government of the HKSAR.

Basic Compensation

Total Annual Compensation, HKD 840,000
Restricted Stock Award, HKD --
Long-Term Incentive Plans, HKD --
All Other, HKD 19,870,000
Fiscal Year Total, HKD 20,710,000

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --