Lai Sun Garment (International) Limited announced that Mr. Cheung will be appointed an Executive Director with effect from 1 August 2023. Mr. Cheung, aged 59, joined the Company as Group Chief Financial Officer on 13 July 2023.
He was the chief financial officer of FTLife Insurance Company Limited ("FTLife", a wholly- owned subsidiary of NWS Holdings Limited) from September 2019 to November 2020, the chief financial officer and vice president of Agile Group Holdings Limited from July 2013 to May 2019, an executive director of eSun Holdings Limited ("eSun") from March 2011 to August 2012, and an executive director of each of Lai Sun Development Company Limited
("LSD") and Lai Fung Holdings Limited ("LFH") from March 2011 to August 2012 and from June 2007 to October 2009. Save for FTLife, the issued shares of all the aforesaid companies are listed and traded on The Stock Exchange of Hong Kong Limited ("Stock Exchange"). Mr. Cheung has not held any directorships in listed public companies in Hong Kong or overseas in the last three years. Prior to joining the Lai Sun Group in 2006, Mr. Cheung worked for a number of other listed companies and international investment banks in Hong Kong. He has extensive experience in capital markets and financial management. Mr. Cheung graduated from the London School of Economics and Political Science, University of London with a Bachelor of Science (Economics) degree in Accounting and Finance. He is a fellow member of the Association of Chartered Certified Accountants in the United Kingdom and the Hong Kong Institute of Certified Public Accountants ("HKICPA"). Further, Mr. Cheung will be appointed an executive director of each of LSD, eSun and LFH with effect from 1 August 2023. The Company is the ultimate holding company of LSD which in turn is the intermediate holding company of eSun and LFH. Apart from the aforesaid, Mr. Cheung does not have any relationship with any directors, senior management or substantial or controlling shareholders of the Company. The Board is also pleased to announce that Mr. Ng will be appointed an INED with effect from 1 August 2023. Mr. Ng, aged 64, is currently an independent non-executive director of China City Infrastructure Group Limited. Mr. Ng was an independent non-executive director of Legendary Group Limited from June 2019 to November 2022 and the company secretary of Yunhong Guixin Group Holdings Limited from December 2016 to February 2023. The issued shares of all the aforesaid companies are listed and traded on the Main Board/GEM of the Stock Exchange. He was an independent non-executive director of Media Asia Group Holdings Limited (delisted from GEM of the Stock Exchange on 21 March 2023) from October 2011 to April 2023 and was also an independent non-executive director of Kirin Group Holdings Limited (delisted from GEM of the Stock Exchange on 28 April 2023) from April 2015 to December 2021. Mr. Ng holds a Bachelor of Commerce Degree from The University of New South Wales, Australia and is a chartered accountant of The Chartered Accountants Australia and New Zealand and a fellow member of the HKICPA. He is also a practising certified public accountant and has extensive experience in auditing, accounting, financial management and corporate affairs.