Co-developing the Ecology for Family Enterprising and Advising in Hong Kong and China
|
|
- Elmer Lang
- 6 years ago
- Views:
Transcription
1 Co-developing the Ecology for Family Enterprising and Advising in Hong Kong and China InterContinental Hotel Boston Saturday, October 15, 2011, 10:30-12:15 Kevin Au, Jeremy Lu, & Jeremy Cheng Family Firm Institute
2 What is Entrepreneurship? Pursue opportunity without regard to resources at hand Shalman The only way to predict the future is to create the future Timmons Fail frequently and quickly to succeed fast Seeling
3 Can We Walk our Talk? Overview of Family Businesses in Hong Kong and China University s Space in the Development of Ecology for Family Enterprising and Advising Challenges A new research centre
4 OVERVIEW OF FAMILY BUSINESS IN HONG KONG & CHINA
5 Forbes (China): Survey on FBs in China 2010 Scope: Listed private enterprises in Shanghai and Shenzhen Online survey of readers on hundreds d of private non-listed family businesses Definition: the person with ultimate control is a family business with blood and marriage relationships/ties 3 types: Classical: complete ownership and management control Traditional: complete ownership and partial mgt control Holding: complete ownership and outsider mgt control
6 Listed Family Enterprises 1,925 listed enterprises in stock market in Shanghai and Shenzhen 842 listed private enterprises 305 family businesses 36.2% of all listed private enterprises Total market value of listed family businesses is RMB 1, billion 9.2% of total market value of Shanghai and Shenzhen listed enterprises Average market value of RMB billion Average profit of RMB 169 million in 2009, 14.2% higher than that of listed private enterprises
7 Listed Family Businesses Industries of listed family businesses Traditional manufacturing 71% IT 8.2% Property 6.8% Industries of non-listed family businesses Manufacturing 42% Wholesale or retail trade 14.9%
8 Listed Family Business IPO
9 Methods of Enterprise Succession 40% first generation non-listed private entrepreneurs have prepared that their children might not personally manage /succeed their family business, and had employed professional managers 38.4% let second generation succeed ownership and management control, but exercise management control during special situation Family second generation owns the business as the controlling shareholder and professional managers are employed If the enterprise encounters a major crisis or if the professional manager is incompetent, they will take over the management of the enterprise 5.5% chose succeeding ownership, not management control 13.7% required management involvement by children
10 Background Research from Prof. Joseph Fan, CUHK Definition of succession: controlling shareholder passing on control and/or ownership Year Hong Kong Singapore Taiwan Total Total
11 Succession Cases in Hong Kong (2005) Company Patriarch Age Next Generation Current Position Cheung Kong/Hutchison Li Ka Shing 77 Victor Li Deputy Chairman/MD Esprit Heinz Krogner 64 Thomas Grote President Li&Fung Victor Fung 60 Spencer Fung Senior Vice President Bank of East Asia Dr. David Li 66 Adian Li Head of Corporate Banking Hopewell Hidgs/HHI Sir Gordon Wu 70 Thomas Wu Deputy MD Dah Sing Financial David Wong 65 Harold Wong Executive Director Techtronic Horst Pudwill 60 Stephan Pudwill Director Shun Tak Dr. Stanley Ho 83 Pansy Ho MD TVB Sir Run Run Shaw 98 Mona Fong Executive Deputy Chairman Galaxy Lui Che Woo 76 Francis Lui Deputy Chairman Melco Dr. Stanley Ho 83 Lawrence Ho MD Lee&Man Paper Patrick Lee 63 Raymond Lee CEO Regal Lo Yuk Shui 61 Poman Lo Executive Director SCMP Robert Kuok 81 Kuok Khoon Ean/Kuok Hui Kwong Chairman/Executive Director Raymond Industrial Wilson Wong 69 Raymond Wong Executive Director
12 Long-term Stock Performance of 38 HK Family Businesses from 8 years before to 5 years after the turnover of chairmanship
13 A Case in Point Diversified HK-based business groups Founder is a Chinese entrepreneur who started his business 60 years ago, ran his business into success in the 1970s and 1980s. He was famous for being hard working, and remained in charge of business until his recent death Passing his business to a son several months before his death
14 Succession Challenge Transfer costs of specialized assets: rules, procedures, concepts, ideologies and networks within every family business Reputation Political connection, social network, relationship Ideology History, memory, amenity utilities Specialized assets are unique, one of a kind, hard to divide, value, and transfer across individual and firm boundary In-fighting Non-transferability
15 Original Sin Original Sin Cycle From Robber Baron to Philanthropist Small Sin Super Sin
16 Is the Glass Always Half Full? Soft Symbol of Success Thirsty or Hungry Worries & Needs Different Model & Services
17 Challenges to FBs and FB Advising First-generation entrepreneurs in Asia are tremendous Incoming gg generation grew up in very different context Traditional v Western educated Primogeniture v multi-geniture Fault-lines lines underneath family harmony Trans-generational entrepreneurship Professionalization Innovation and continuous growth Train up and develop the leadership of the incoming generations FB label is a taboo Family infighting/ g wars
18 Challenges & Opportunities Small family size in China Pioneer market Family business original sin cycle Private bankers frame Different business models
19 An Entrepreneurial Enterprise for Knowledge Leadership and Action in a New, Niche Market UNIVERSITY S S SPACE
20 What is Entrepreneurship? Pursue opportunity without regard to resources at hand Shalman The only way to predict the future is to create the future Timmons Fail frequently and quickly to succeed fast Seeling
21 First Initiative Collaborating with a world-class academic to organize a workshop on family corporate governance, but failed to recruit sufficient family participants Lessons: Public s understanding of family business was far restricted Family secrecy should not be underestimated; organic growth of family business database is very slow Family advisory is an important piece
22 Research and Teaching on Family Business Successful Trans-generational Entrepreneurship Practice (STEP) Project Conduct in-depth case analysis of family business around Asia Pacific The book Family Enterprising in Asia: Exploring Trans-Generational Entrepreneurship forthcoming in 2011 Advanced Manufacturing Ltd.: Potential best practice to nurture the incoming gg generation to venture FFI Launching Pad and the Essentials The first specialized program for family business professionals in Asia Pacific
23 Centre for Family Enterprising & Business Advising Vision To be the leading research, education, and practice platform for family enterprising and family business advising in the Asia-Pacific region Missions Promote the understanding of family business in the Asia-Pacific region; Incubate an ecology for family business advising; Support families to grow their business and their entrepreneurial spirit; and Support research and channel its findings into effective practices.
24 Our Focus Family Enterprising Family business succession Family entrepreneurship Corporate governance of family firms Family business financing Trans-generational leadership development Family philanthropy Family dynamics Family Business Advising Developing a multi- disciplinary professional practice Driving a sustainable family business advising ecology Promoting Hong Kong as a wealth management hub for ultra-high networth families (UHNF) in Asia
25 Development of the New Centre 2006 First FB Workshop under Center for Entrepreneurship (CfE) 2007 Asia Pacific Rim STEP Organizing Meeting of Founding Institutions Asian Family Enterprise Forum Asia Pacific STEP Submit Conference on Family Enterprise Asia Pacific and Global Views Workshops and Seminars 2009 Workshop with a World-class University CUHK Family Business Series 2009 Family Business Learning Network 2010 First FFI program CUHK Family Business Series 2010 Collaboration with mainland universities Roundtable for FB Advisors 2011 CUHK Family Business Learning Series 2011 Workshops for NextGens from China Workshops and Seminars
26 World s Local University Knowledge Leadership Research Grow with Families and Family Advisors Awareness Building Knowledge Transfer and (re)generation Train the Trainer Education Practice Advisor Ecology Multi-disciplinary Collaboration Families for Families; Advisors for Families
27 FB and FB Advising Ecology Business Families FB Associations (e.g., FBN) Universities Research Consortium (e.g., STEP Project) FB Professional Bodies (e.g., FFI) Professional Bodies (e.g., Society for Trust and Estate Practitioners) Professionals (e.g., Family offices, private banks, accounting firms, law firms, HR firms, family therapists, t )
28 Let s create the future to come
Towards Knowledge Leadership in
2013 Towards Knowledge Leadership in Family Business Center for Family Business, The Chinese University of Hong Kong. Copyright 2013. All Rights Reserved. Address: c/o The Asia Pacific Institute of Business,
More informationDirectors and S. Directors and Senior Management EXECUTIVE DIRECTORS
Directors and S Directors and Senior Management EXECUTIVE DIRECTORS Mr. Ho Tsu Kwok, Charles, aged 53, is presently the Chairman of the Group. Mr. Ho is also the Chairman of Hong Kong Tobacco Company Limited,
More informationCORPORATE GOVERNANCE
CORPORATE GOVERNANCE 24 TELEVISION BROADCASTS LIMITED ANNUAL REPORT 2006 DIRECTORS Sir Run Run Shaw G.B.M. Executive Chairman aged 99, is one of the founding directors of the Company and was appointed
More informationProf. Richard Ho. Acting President Professor (Chair) of Finance City University of. Ricky Lin. Director of Wealth. Jimmy Chan
Grand Award HKIB Outstanding Financial Planner Awards 2007 Panel of Judges (Final Round) Teresa Au Head of Corporate Responsibility & Sustainability, The Hongkong and Shanghai Banking Corporation William
More informationLeadership profile. Francis Leung
Leadership profile Francis Leung Francis Leung, who was appointed Chairman of the CHKLC in June 2015, is currently also Chairman (Greater China) of CVC Capital Partners 16 March 2016 aplus WHEN THE CHIPS
More informationBiographies of Directors and Senior Management
ANNUAL REPORT 2010 07 EXECUTIVE DIRECTORS Mr. WANG Jianzhou Age 62, Executive Director and Chairman of the Company, joined the Board of Directors of the Company in November 2004. Mr. Wang is in charge
More informationDato Dr. Cheng Yu-Tung. DPMS, LLD(Hon), DBA(Hon), DSSc(Hon), GBM (Aged 83) Dr. Cheng Kar-Shun, Henry. BA, MBA, DBA(Hon), LLD(Hon), GBS (Aged 61)
> Directors Profi le Dato Dr. Cheng Yu-Tung DPMS, LLD(Hon), DBA(Hon), DSSc(Hon), GBM (Aged 83) Appointed as Director in May 1970 and has been the Chairman since 1982. Chairman of New World Hotels (Holdings)
More informationPROFILE OF DIRECTORS AND SENIOR MANAGEMENT
PROFILE OF DIRECTORS AND SENIOR MANAGEMENT!"#$ Victor LO Chung Wing GBS, OBE, JP, aged 52, joined Gold Peak Group in 1972 and was appointed Chairman & Chief Executive in 1990. He is also Chairman of GP
More informationDirectors and Senior Management
EXECUTIVE DIRECTORS Mr. Ho Tsu Kwok, Charles, aged 55, is presently the Chairman of the Company and also a director of various subsidiary companies of the Company. He is also the Chairman of Hong Kong
More informationAPPOINTMENT OF DIRECTORS AND RE-DESIGNATION OF DIRECTOR
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness
More informationBiographical Details of Directors and Senior Management
Mr. WANG Jianzhou, Executive Director, Chairman & Chief Executive Officer (front, middle) Mr. LI Yue, Executive Director & Vice President (front, left) Mr. LU Xiangdong, Executive Director & Vice President
More informationTHE HONG KONG DEPOSIT PROTECTION BOARD
ABOUT THE HONG KONG DEPOSIT PROTECTION BOARD Introduction The Board is a statutory body established under section 3 of the DPS Ordinance (DPSO) to oversee the operation of the DPS. Launched in September
More informationABOUT THE HONG KONG DEPOSIT PROTECTION BOARD
INTRODUCTION Launched in September 2006, the DPS is a key building block in Hong Kong s financial safety net. Through the provision of a measure of protection to depositors, the DPS contributes to the
More informationHKIB. Outstanding Financial Management Planner Awards. The Hong Kong Institute of Bankers Career Times
HKIB Outstanding Financial Management Planner Awards 2009 Jointly organized by: The Hong Kong Institute of Bankers Career Times The HKIB Outstanding Financial Management Planner Awards Objectives Financial
More informationDBS ILLUMINATES HONG KONG BY IGNITING POSSIBILITIES, SPARKING JOY. *** Igniting possibilities and sparking joy are at the heart of DBS
News Release DBS ILLUMINATES HONG KONG BY IGNITING POSSIBILITIES, SPARKING JOY *** Igniting possibilities and sparking joy are at the heart of DBS Hong Kong, 1 March 2015 Over the past five years, the
More informationUnderstanding Dynamics in Family Businesses
Understanding Dynamics in Family Businesses Cheong Wing Kiat Professional Development Series (Segment 2) 9 & 10 March 2018 Singapore Management University Email: cwk@bc.com.sg Skype ID: wingkiat Slides
More informationThe fifth Quamnet Outstanding Enterprise Awards ceremony on 17 Jan, outstanding enterprises awarded with high praise and public concern
For Immediate release The fifth Quamnet Outstanding Enterprise Awards ceremony on 17 Jan, 2014 22 outstanding enterprises awarded with high praise and public concern (Hong Kong 17 Jan, 2014) The award
More informationMILESTONES October 2007: China Communications Services (Hong Kong) International Limited was established.
8 China Communications Services Corporation Limited / Annual Report 2012 MILESTONES 200688 30 August 2006: The Company was established, with primary service areas including Shanghai, Zhejiang Province,
More informationAPPOINTMENT OF ALTERNATE DIRECTORS AND RE-DESIGNATION OF DIRECTOR
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness
More informationHelping People Worldwide Build their Financial Security
Invesco Distinctive worldwide investment management capabilities Helping People Worldwide Build their Financial Security Helping People Worldwide Build their Financial Security CP-HK-e-Q209 The size and
More informationMETRO FINANCE AND DBS BANK (HONG KONG) PRESENT: "HONG KONG - ASEAN SUMMIT 2016" *** Highlight New Opportunities by ASEAN Economic Community
News Release METRO FINANCE AND DBS BANK (HONG KONG) PRESENT: "HONG KONG - ASEAN SUMMIT 2016" *** Highlight New Opportunities by ASEAN Economic Community Hong Kong, 29 August 2016 - ASEAN Summit 2016, organised
More informationProfile of the Directors
Mr. Ronnie Chichung Chan Chairman Aged 67, Mr. Chan joined the Group in 1972 and was appointed to the Board of in 1986 before becoming Chairman in 1991. He also serves as Chairman of Hang Lung Group Limited.
More informationMembership of the Hospital Authority
Mr Anthony WU Ting-yuk, GBS, JP Mr Wu has been appointed as Chairman of the Authority since 7 October 2004. He is an experienced accountant with a distinguished public service record. Mr CHAN Bing-woon,
More informationUnderstanding Families in Business
Understanding Families in Business Cheong Wing Kiat Professional Development Series Singapore Management University 5 & 6 October 2018 Email: cwk@bc.com.sg Skype ID: wingkiat Slides : www.bc.com.sg Activities
More informationDirectors and Senior Management s Profile
6 Board of Directors Mr. David Shou-Yeh Wong Chairman 6 O.B.E., J.P. Aged 66. Appointed as the Chairman of the Company in 1987. Chairman of Dah Sing Banking Group Limited, Dah Sing Bank, Limited, MEVAS
More informationInvitation to Hong Kong and Mainland China Capital Market Forum "SZ-HK Stock Connect Insights"
Invitation to Hong Kong and Mainland China Capital Market Forum Dear distinguished guest, We are honored to invite you to participate in the Mainland China and Hong Kong Capital Market Forum, which will
More informationAwarded companies in Quam IR Awards 2016 come from various categories, ranging from Hang Seng.
Ceremony of Quam IR Awards 2016 Successfully Held In recognition of exceptional performance of 14 listed companies, gaining wide support from business elites and media in Hong Kong and China (Hong Kong
More informationBOARD OF DIRECTORS. 6. dato mohammed bin haji Che hussein Independent Director (with effect from 1 January 2009) 10. mr olivier lim Tse ghow Director
1. mr richard e. hale Chairman 2. mr liew mun leong Deputy Chairman 3. ms lynette leong Chin yee Chief Executive Officer 4. mr ho Swee huat Independent 5. mr fong Kwok jen Independent 6. dato mohammed
More informationINTER-DISCIPLINARY MARITIME PRACTICE WORKSHOP SERIES II Third (3rd) SESSION ON THURSDAY 19 th January 2017
INTER-DISCIPLINARY MARITIME PRACTICE WORKSHOP SERIES II Third (3rd) SESSION ON THURSDAY 19 th January 2017 This is the second series of workshops with a theme of Inter-disciplinary Maritime Practice (IMP),
More informationDIRECTORS, SENIOR MANAGEMENT AND STAFF
Board of Directors Name Age Position TIONG Kiu King 70 Executive Director and Chairman TIONG Kiew Chiong 45 Executive Director and Deputy Chairman Peter Bush BRACK 34 Executive Director and Chief Executive
More informationWong Yiu Kin Wong Yuan Chin, Tzena Cheng Sum Hing, Sam Cheng Wai Hung, Nelson
THE HONG KONG INSTITUTE OF SURVEYORS QUANTITY SURVEYING DIVISION MINUTES OF THE ANNUAL GENERAL MEETING HELD AT 19:35 ON 27 NOVEMBER 2015 (FRIDAY) HKIS SURVEYORS LEARNING CENTRE 12/F, WING ON CENTRE, 111
More informationCapitaLand, CapitaMalls Asia and Singbridge Holdings break ground for Raffles City Chongqing
NEWS RELEASE For immediate release 28 September 2012 CapitaLand, CapitaMalls Asia and Singbridge Holdings break ground for Raffles City Chongqing CapitaLand Group s biggest investment in China and largest
More informationCareer Forum Profile. Mr. Clement Chan Managing Director, BDO Limited & President, Hong Kong Institute of CPAs
Mr. Clement Chan is the President of the Hong Kong Institute of Certified Public Accountants. He has actively participated in standards setting and governance activities both in Hong Kong and at international
More informationBiographical Details of Directors & Senior Management
The biographical details of directors and senior management are set out as follows: Board of Directors Executive Directors Mr. Anthony Siu Wing LAU (Executive Chairman) Aged 65, is a founder, chairman
More informationFor personal use only
ASX ANNOUNCEMENT 19 February 2019 BUSINESS OPERATIONS UPDATE Melbourne, Australia, Candy Club Holdings Limited (ASX: CLB) (the Company ) a leading premium confectionary business, is pleased to provide
More informationFortis to acquire strategic stake in Parkway Holdings, Singapore
PRESS RELEASE Fortis to acquire strategic stake in Parkway Holdings, Singapore Landmark cross border deal in Healthcare sector out of India Move will establish Fortis as Asia s largest hospital network
More informationRalph Haupter Corporate Vice President; Chairman & CEO, Greater China Microsoft
Ralph Haupter Corporate Vice President; Chairman & CEO, Greater China Microsoft Ralph Haupter currently serves as Corporate Vice President, Chairman and Chief Executive Officer of Microsoft Greater China
More informationPCCW Limited. (Incorporated in Hong Kong with limited liability) (Stock Code: 0008) ANNOUNCEMENT Proposed Sale by PCRD of its shares in PCCW
PCCW Limited (Incorporated in Hong Kong with limited liability) (Stock Code: 0008) ANNOUNCEMENT Proposed Sale by PCRD of its shares in PCCW PCCW Limited ( PCCW ) refers to its announcement dated 10 July
More informationBanque Eric Sturdza SA Home.
At Banque Eric Sturdza, we offer highly personalised private banking services with a focus on preserving and growing the wealth of our clients through the generations. Located in the heart of Geneva, the
More informationMetro Finance and DBS Bank present: Hong Kong ASEAN Summit 2015 The New ASEAN Economy under the One Belt, One Road
Press Release For Immediate Release Metro Finance and DBS Bank present: Hong Kong ASEAN Summit 2015 The New ASEAN Economy under the One Belt, One Road 14 September 2015 As part of China s wider economic
More informationGroup Senior Management
Group Senior Management Hiew Yoon Khong, 55 Mr Hiew is a member of the MIPL Director of Mapletree Logistics Trust Management Ltd, Mapletree Industrial Trust Management Ltd, Mapletree Commercial Trust Management
More informationHISTORY, REORGANISATION AND CORPORATE STRUCTURE
HISTORY AND BUSINESS DEVELOPMENT Our Company was established as a joint stock limited company under the PRC Company Law on 11 May 2015, converting from our predecessor Yichang Changjiang Pharmaceutical
More informationForum on the Development of Shipping-related Financial and Insurance Services in Hong Kong
Forum on the Development of Shipping-related Financial and Insurance Services in Hong Kong Being both international financial centre and international maritime business centre, Hong Kong is in a uniquely
More informationList of Directly Owned Subsidiaries Board of Directors and Supervisors
List of Directly Owned Subsidiaries Board of s and s 1. Taishin International Bank Co., Ltd (100% ownership) 2. Taishin Securities Co., Ltd (100% ownership) 3. Taishin Securities Investment Advisory Co.,
More informationDIRECTORS, SENIOR MANAGEMENT AND STAFF
BOARD OF DIRECTORS Executive Directors Mr. Chan Chung Mr. Chan Chung, aged 46, is a founder, an executive Director and the chairman and chief executive officer of the Group. Mr. Chan is responsible for
More informationThe Board and Senior Management
Board of Directors FOK Kin Ning, Canning Chairman and Fok Kin Ning, Canning, aged 60, has been the Chairman and a of the Company since 4 March 2009 and Alternate Director to Mrs Chow Woo Mo Fong, Susan,
More informationOur Leadership Team. Ed Peter, Chairman
Our Leadership Team Chaired by Ed Peter, former Head of Deutsche Asset Management Asia Pacific, Middle East & North Africa, Duxton Water s Board comprises of a team of four highly experienced members with
More informationCANDIDATES FOR ELECTION TO THE 2018 COUNCIL
Dr Eva YW Chan FCIS FCS(PE), FCPA, FCCA, MBA, DBA Dr Chan is the Head of Investor Relations of C C Land Holdings Limited (stock code: 1224). With more than 25 years experience as CFO and company secretary
More informationProfile of Directors and Management
Profile of Directors and Management BOARD OF DIRECTORS Executive Directors 22 52 Polytec Holdings International Limited Intellinsight Holdings Limited The Or Family Trustee Limited Inc 20 51 Polytec Holdings
More informationHeinrich Jessen, Chairman, Jebsen & Jessen (SEA)
The three mackerels in our logo stand for respect for traditions, cultures, and the commitment of the Jebsen and Jessen families to their businesses and employees. Heinrich Jessen, Chairman, Jebsen & Jessen
More informationYoung Traders & Investors Conference
Ms Karen Foo Motivational Speaker, Financial Trainer, Author Bachelor of Business (Banking & Finance), 2016 Karen is actively involved in speaking at various conferences, seminars, expos, workshops, toastmaster
More informationPress Release A/IF/PR/16/ (017) 19 May 2016
Industry News Press Release A/IF/PR/16/05-19-01(017) 19 May 2016 Young Industrialist Awards of Hong Kong and Industrialist of the Year Award 2016 Now Open for Nominations Nominations for the prestigious
More informationGLP CHINA LEADERSHIP TRANSITION
For Immediate Release GLP CHINA LEADERSHIP TRANSITION Teresa Zhuge and Victor Mok promoted from within the China business to serve as Co-Presidents Dual leadership structure allows GLP to focus on strengthening
More informationLaunching Ceremony-cum-Industry Promotion
Launching Ceremony-cum-Industry Promotion The Launching Ceremony-cum-Industry Promotion, which aims to promote the Asset and Wealth Management ( WAM ) sector, was held on 15 October 2016 at the Education
More informationDirectors. Shangri-La s Mactan Resort & Spa, Cebu. 34 Directors and Senior Management
Directors Shangri-La s Mactan Resort & Spa, Cebu 34 Directors and Senior Management D irectors and Senior Management Directors and Senior Management 35 Directors and Senior Management Directors Executive
More informationBiographies of directors. Mr. Wu Yijian
Biographies of directors Mr. Wu Yijian Mr. Wu Yijian ( Mr. Wu ) was appointed as Chairman of the Company on 7 January 2011 and re-designated to an Executive Director of the Company on 19 February 2013.
More informationDISCLOSEABLE TRANSACTION FORMATION OF JOINT VENTURE
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness
More informationWell-poised to become a dominant real estate player with potentially the largest portfolio of HSR projects
PRESS RELEASE 3 January 2018 For Immediate Release Perennial Establishes a US$1.2 billion Joint Venture Vehicle with First Close of US$500 million to Invest in HSR Healthcare Integrated Mixed-use Developments
More informationAPPOINTMENT OF MR WEE EE CHEONG AS CEO OF UOB
APPOINTMENT OF MR WEE EE CHEONG AS CEO OF UOB Singapore 27 April 2007 United Overseas Bank Limited (UOB) is pleased to announce that Mr Wee Ee Cheong has succeeded Mr Wee Cho Yaw as Chief Executive Officer
More informationMAYBANK INVESTMENT BANK AFFIRMS LEADERSHIP POSITION BY GARNERING SEVERAL MORE PRESTIGIOUS AWARDS
News Release MAYBANK INVESTMENT BANK AFFIRMS LEADERSHIP POSITION BY GARNERING SEVERAL MORE PRESTIGIOUS AWARDS - Maybank Investment Bank was named Best Debt House and was awarded the Best Islamic Equity,
More informationMR EDDY HANDAJA Manager, Asset Management
MS CINDY CHOW MS JEAN LOW MR STEVEN LIU Deputy General Investment, China MR LAWRENCE NG Vice President, Finance MS SEET MING JUAN Investment and Asset Management MR EDDY HANDAJA Asset Management MR MIGUEL
More informationProfile of the Directors
Mr Ronnie Chichung Chan Chairman Aged 65, Mr Chan joined the Group in 1972 and was appointed to the Board of Hang Lung Properties Limited in 1986 before becoming Chairman in 1991. He also serves as Chairman
More informationHuge success for Everbright Investment Conference 2017 in Hong Kong as top minds gather to discuss new megatrends in finance and investment
Press Release Huge success for Everbright Investment Conference 2017 in Hong Kong as top minds gather to discuss new megatrends in finance and investment 26 October 2017, Hong Kong "Everbright Investment
More informationThe Complexities of Mixed Use
The Complexities of Mixed Use 2:30 pm 5:00 pm Thursday, October 15, 2015 Piper Auditorium, Gund Hall MDes Real Estate & the Built Environment Harvard University Graduate School of Design 48 Quincy Street,
More informationList of Directly Owned Subsidiaries Board of Directors and Supervisors
List of Directly Owned Subsidiaries Board of s and s 1. International Bank Co., Ltd (100% ownership) 2. Securities Co., Ltd (100% ownership) 3. Securities Investment Advisory Co., Ltd (92% ownership) 4.
More informationCHANGE OF DIRECTORS AND COMPANY SECRETARY. Prof. Timothy TONG Wai Cheung has been appointed an independent non-executive director of the Company;
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness
More informationDrawing a Portrait of Family Firm Governance in Singapore: A Study of SGX-listed Family Firms
Drawing a Portrait of Family Firm Governance in Singapore: A Study of SGX-listed Family Firms Caroline Seow (FBN Asia) & Marleen Dieleman (CGIO) Singapore, November 16, 2011 Family Business Roundtable
More informationHKIB & APSA MoU Signing Ceremony 18 July 2017
18 July 2017 Welcoming Remarks Ms. Susie Cheung (Co-Convenor, APSA and Chief Legal Counsel and Company Secretary, CUHK Medical Centre Ltd.), Dr. Patrick Fung (Chairman, Executive Committee, and Vice President,
More informationJAFCO Investment (Hong Kong) Ltd.
Venture Capital: Funding Alternative for New Enterprises Presentation By Vincent Chan Director & Executive Vice President JAFCO Investment (Hong Kong) Ltd. Rom 201B, Level, 2, Hong Kong Convention & Exhibition
More informationWill the Chinese Dragon Strengthen Your Business or Eat You Alive?
Will the Chinese Dragon Strengthen Your Business or Eat You Alive? Understand the complex dynamics between cultural, social, political and economic factors dealing with Chinese companies 24 th -26 th of
More informationPROPOSED RE-ELECTION AND ELECTION OF DIRECTORS AND SUPERVISORS FOR THE FORTHCOMING SESSION
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness
More informationAPPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTORS
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, making no representation as to its accuracy or completeness
More informationBoard of Directors. Group Executive Directors. Horst Julius Pudwill MSc. Joseph Galli Jr BSBA, MBA
Board of Directors Group Executive Directors Horst Julius Pudwill MSc Chairman Mr Horst Julius Pudwill, aged 70, is Chairman of TTI, a position he has held since he jointly founded the Group in 1985. Until
More informationSuStainability R e p o R t
Sustainability Report 2015-2016 (102-53) 2 Awards & Recognitions Vision: To be globally recognised as the most valued financial service provider in the Middle East. Mission: Every day we make our customers
More informationDISCLOSEABLE TRANSACTION FORMATION OF JOINT VENTURE
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness
More informationThe future of Research Universities in Asia: Reading the water well AND creating exciting new streams
The future of Research Universities in Asia: Reading the water well AND creating exciting new streams TAN Chorh-Chuan President, National University of Singapore The future of research universities in
More informationWan WONGSUNWAI. Assistant Professor, Northwestern University Accounting Information and Management Department
Wan WONGSUNWAI Assistant Professor, Accounting Information and Management Kellogg School of Management, Northwestern University 2001 Sheridan Road, Jacobs 6245, Evanston, IL 60208 Telephone: (847) 491-2658,
More informationMicro, Small and Mediumsized. and Entrepreneurship education in China. Dr. Liu Jiesheng Vice President of Jinan University
Micro, Small and Mediumsized Enterprises, and Entrepreneurship education in China Dr. Liu Jiesheng Vice President of Jinan University umore than 20 million registered small, medium enterprises umore than
More informationInsights into the Philanthropic Mind:
Insights into the Philanthropic Mind: What Charitable Gift Planners and Advisors Need to Know 2017 Western Regional Planned Giving Conference June 1, 2017 Marguerite H. Griffin Director, Philanthropic
More informationMTR CORPORATION LIMITED 香港鐵路有限公司
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness
More information(incorporated in Hong Kong with limited liability) (Stock Code: 01828) CHANGE OF DIRECTORS
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness
More informationDoug Cheung Doug Cheung works as an analyst at Horizons Ventures covering biotechnology and healthcare investments. Doug received a master s degree in
Jonathan Tam Jon is a part of the investment team at Horizons Ventures, based in Hong Kong. He is mainly involved with investments in artificial intelligence, immersive technologies, transportation and
More informationNext Station University: How the inspired few inspires our entire company
Next Station University: How the inspired few inspires our entire company (Hong Kong, 8 November 2013) At HKBN, we do not hesitate to over invest in individual Talents, as we believe those we inspired
More informationMTR CORPORATION LIMITED 香港鐵路有限公司 (the Company ) (Incorporated in Hong Kong with limited liability) (Stock Code: 66)
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness
More informationIr Patrick A. CHAO BEng (Hons), FHKIE
ELECTION OF DIVISION CHAIRMAN SESSION 2015/2016 Ir Patrick A. CHAO BEng (Hons), FHKIE To promote the professional status of Geotechnical Engineers To promote the ties between Geotechnical Engineers in
More information2017 Integral Conversation
9-11 11/2017 1 2017 Integral Conversation Reimagining New Approaches for the Health of Humans and the Planet The annual conference was convened between November 9 and 11 under the theme Reimagining Health:
More informationReport of the Directors
6 The directors submit their report together with the audited accounts for the year ended 31st March, 2003. Principal Activities and Geographical Analysis of Operations The principal activity of the Company
More informationDavid Chu. Matters. Proskauer.com. Partner. Hong Kong
Contact David Chu Partner Hong Kong +852.3410.8028 dchu@proskauer.com David Chu is a partner and heads our Litigation practice in Hong Kong and China. David's practice focuses on regulatory enforcement
More informationDirectors & Senior Management s Profile
Hong Kong Ferry (Holdings) Co. Ltd. Annual Report 2002 Directors & Senior Management s Profile DIRECTORS The current Directors of the Company are as follows: Executive directors Mr. Colin K.Y. Lam (Chairman)
More informationRESORT-STYLE SWIMMING POOL SHANGRI-LA HOTEL, DUBAI
DIRECTORS AND SENIOR MANAGEMENT RESORT-STYLE SWIMMING POOL SHANGRI-LA HOTEL, DUBAI DIRECTORS AND SENIOR MANAGEMENT DIRECTORS Executive Directors Mr KUOK Khoon Loong, Edward, aged 53, is the Chairman of
More informationChairman of Trendlines Medical Singapore Todd Dollinger added, We are pleased to work
Singapore government investment arm of SPRING SEEDS Capital backs Trendlines Medical Singapore and Ozi Amanat s K2 Global to collaborate in its SGD100M investment allocation for tech start-ups Misgav,
More informationStepping Stone to Success Scheme Executive Summary. The Hong Kong Federation of Business Students. Project Directors
Stepping Stone to Success Scheme 2007 Email: S4@hkfbs.org.hk Project Directors Social Officer Mr. Ho Yiu Chung Billy Mobile: 6011 2234 Email: billyho@hkfbs.org.hk Current Affairs Officer Ms. Hung Kam Han
More informationYing Li. Proskauer.com. Partner. Hong Kong Beijing New York
Contact Ying Li Partner Hong Kong +852.3410.8088 Beijing +86.10.8572.1888 New York +1.212.969.3000 yli@proskauer.com Ying Li is a partner in the Corporate Department. Having been based in China and Hong
More informationDirectors and Senior Management
Directors and Senior Management Victor FUNG Kwok King Group Non-Executive Chairman Victor FUNG Kwok King, aged 56, brother of Dr William FUNG Kwok Lun, is Group Chairman. He joined the Group in 1973 as
More informationBank of East Asia: expanding its wealth management offerings at home and in China
Link to Article on website Bank of East Asia: expanding its wealth management offerings at home and in China Bank of East Asia s private banking arm, BEA Private Banking, is making further inroads into
More information6 TH CHINA INVESTMENT CONFERENCE
6 TH CHINA INVESTMENT CONFERENCE 207 CFA Society Beijing. All rights reserved. 2 August 207 China World Hotel Beijing, China Hosted by CFA Society Beijing SUPPORTER OPPORTUNITIES EVENT OVERVIEW Our flagship
More informationMr. David Shou-Yeh Wong Chairman. Mr. Chung-Kai Chow O.B.E. J.P. Vice Chairman and Non-executive Director
Dah Sing Financial Holdings Limited BOARD OF DIRECTORS MEVAS Bank Limited New Asian Shipping Company, Limited Wing Tak Shipping Agency Limited Mr. David Shou-Yeh Wong Chairman Aged 60. Appointed Chairman
More informationSyed Mahbubur Rahman and BRAC Bank win Best Managed Bank in Bangladesh
T.A.B. International Pte Ltd 10, Hoe Chiang Road, #14-06 Keppel Tower, Singapore 089315 Tel: (65) 6236 6520 Fax: (65) 6236 6530 29 April, 2013 Press Release Syed Mahbubur Rahman and BRAC Bank win Best
More informationCONNECTION 2015 Speakers biographies (in order of appearance) Host/ Opening Speaker:
CONNECTION 2015 Speakers biographies (in order of appearance) Host/ Opening Speaker: Mr. George Hongchoy Chief Executive Officer Link Asset Management Limited George Hongchoy joined Link Asset Management
More informationHow to Build a 100 Year Enterprise The Role of The Family Office. Presented by: Linda C. Mack STEP New York June 11, 2015
How to Build a 100 Year Enterprise The Role of The Family Office Presented by: Linda C. Mack STEP New York June 11, 2015 100 Year Family Enterprise Family Family board Family council Family constitution
More information