The Board is charged with the responsibility of leadership and control of the Group. The Board promotes success of the Group and makes decisions objectively in the best interests of the Group. The Board’s role is mainly to direct and supervise the affairs of the Group, establish its strategic directions and set objectives and business development plans. The Board authorizes the management to manage the day-to-day business operation of the Group. In addition, the Board has also delegated various responsibilities to the various Board committees and the Chief Executive Officer.

The Company has developed a schedule of matters reserved to the Board for decisions. The Board will review those arrangements on a regular basis to ensure that the arrangements meet the needs of the Company.

The Board currently comprises nine Directors with six Executive Directors and three Independent Non-executive Directors.

Executive Directors
Mr. Yeung Chi Hang (Chairman and CEO)
Mr. Leung Kwong Choi
Mr. Wong Po Keung
Mr. Chung Siu Wah
Mr. Chik To Pan
Mr. Liu Yafei

Independent Non-executive Directors
Mr. Heung Chee Hang, Eric
Mr. Lee Chi Ho
Ms. Lai Pik Chi, Peggy

List of Directors and Their Roles and Functions

EXECUTIVE DIRECTORS

Mr. Yeung Chi Hang
Appointed as Executive Director on 16 January 2014. Mr. Yeung also was appointed as the Chairman and chief executive officer of the Company on 27 January 2015. Mr. Yeung is also a substantial shareholder of the Company. Mr. Yeung studied at Camosun College, Canada. He has over 10 years of experience in investment, hotel management and in operating entertainment businesses.

Mr. Leung Kwong Choi
Appointed as Executive Director on 6 October 2008. He is also the Chairman of the investment committee of the Company. Mr. Leung holds a Bachelor of Social Science Degree from the Chinese University of Hong Kong. He had been working for 10 years in the marketing department of Hang Lung Development Ltd. since graduation. Mr. Leung had also served the positions of executive director of Top Glory Holdings Ltd., China Food Ltd. and Cheung Tai Hong Holdings Ltd., all of which are companies with shares listed on The Stock Exchange of Hong Kong Limited. Mr. Leung has over 28 years of real estate and business experience in Hong Kong and the PRC concentrating in property investment and development, acquisition and merger, deal marking and investment projects arrangement. He resigned as an independent non-executive director of Top Spring International Holdings Limited (stock code: 3688) with effect from 2 January 2018.

Mr. Wong Po Keung
Appointed as Executive Director on 30 September 2013. He is also the director of certain subsidiaries of the Company, the financial controller and a member of the investment committee of the Company Mr. Wong holds a Master degree in business administration from the University of South Australia. He is a fellow member of both the Association of Chartered Certified Accountants and the Hong Kong Institute of Certified Public Accountants. He has ample experience in auditing, accounting, financial management and company secretarial practices in respect of listed companies.

Mr. Chung Siu Wah
Appointed as Executive Director on 14 August 2014. Mr. Chung started his career in 1976 by joining the Hong Kong Government as a Customs Inspector. He obtained his law degree with honour at the University of London in 1986 and further obtained his Postgraduate Certificate of Laws at University of Hong Kong in 1987. He resigned from the Customs and Excise Department in 1987 and started his legal career. He has been a solicitor practicing in Hong Kong since 1989. He joined Messer. Tony Kan & Co. in 1987 and became a partner in 1992. He retired from the partnership in 2004 but continues to associate with the law firm as a consultant till now. Mr. Chung has over 8 year experience in the hotel, gaming and entertainment industry. Mr. Chung has also experience in the management of listed company at Hong Kong. He was appointed as an executive director of Daido Group Limited (stock code: 544) for the period from 9 September 2011 to 5 August 2013.

Mr. Chik To Pan
Appointed as Executive Director on 16 April 2016. He is the director of one of the Subsidiary of the Company. Mr Chik has wide experience in licensing of karaoke music products, operating entertainment businesses and wedding service business. Mr. Chik has also experience in the management of listed company at Hong Kong. He was appointed as an executive director of United Power Investment Limited (now named as Culture Landmark Investment Limited) (a company listed on the Main Board of the Stock Exchange) (stock code: 674) for the period from 8 March 2005 to 24 January 2008.

Mr. Liu Yafei
Appointed as Executive Director on 2 August 2024. He has over 15 years of experience in international trading and mining business in the People’s Republic of China. He obtained his master’s degree in engineering from Wuhan University in June 2009.

Mr. Heung Chee Hang, Eric
Appointed as Independent Non-executive Director on 16 January 2015. He is also a member of audit committee, nomination committee and remuneration committee. He is a qualified solicitor admitted to the Supreme Court of Hong Kong and a Civil Celebrant of Marriages. Mr. Heung received a bachelor’s degree in Law from University of Leicester England. He has more than 22 years of experience in the legal profession. Mr. Heung is presently a partner of Messrs. Tung, Ng, Tse & Heung, an independent non-executive director of WE Solutions Limited (stock code: 860), director of Lions Clubs of Kwai Tsing HKSAR, committee legal adviser of the Association of the Hong Kong Members of Shandong’s Chinese People’s Political Consultative Conference, executive committee member of Basic Law Institute Limited, Honorary President of ederation of HK Guangxi Community Organisations Limited and committee member of USRC Standing Disciplinary. He was appointed as an independent non-executive director of Gold Tat Group International Limited (stock code: 8266) for the period from 18 August 2000 to 3 March 2015. He resigned as an independent non-executive director of Zhong Fa Zhan Holdings Limited (stock code: 475) with effect from 20 October 2017.

Mr. Lee Chi Ho
Appointed as Independent Non-executive Director on 5 December 2023. He is also the chairman of each of audit committee, nomination committee and remuneration committee. Mr. Lee is a fellow member of the Association of Chartered Certified Accountants. Mr. Lee and has over 15 years of experience in finance, auditing and accounting sectors. He has been serving as the chief financial officer in three companies listed in Hong Kong, namely (i) TOMO Holdings Limited (stock code: 6928) since April 2023; (ii) Fullwealth International Group Holdings Limited (stock code: 1034) since May 2023; and (iii) Carry Wealth Holdings Limited (stock code: 643) since November 2023. From August 2019 to April 2023, Mr. Lee worked for Zhongshan Pacific Lighting Co., Ltd. as a general manager. Prior to that, he served as the chief financial officer of (i) Gold-Finance (Holdings) Group Company Limited from June 2014 to August 2015; (ii) Huajin International Holdings Limited (stock code: 2738) from July 2015 to June 2017; and (iii) Mastermind Manufacture Limited from January 2018 to August 2019. During the period from August 2004 to December 2013, Mr. Lee served as an auditor in Deloitte Touche Tohmatsu in Hong Kong and its affiliates operating in Shenzhen and Shanghai. He obtained his Bachelor of Arts in Accountancy from The Hong Kong Polytechnic University in November 2004.

Ms. Lai Pik Chi, Peggy
Appointed as Independent Non-executive Director on 3 October 2024. She is also a member of each of audit committee, nomination committee and remuneration committee. Ms. Lai has over 30 years of auditing, accounting, financial management experience. She obtained a master degree of business administration from the University of Manchester in the United Kingdom in June 2010. She is a fellow member of the Association of Chartered Certified Accountants and an associate member of the Hong Kong Institute of Certified Public Accountants. She is currently an independent non-executive director of Elegance Optical International Holdings Limited (stock code: 907), Kwong Luen Engineering Holdings Limited (stock code: 1413), KPa-BM Holdings Limited (stock code: 2663), all companies listed on the Main Board of the Stock Exchange. She was an independent non-executive director of CT Environmental Group Limited (previous stock code: 1363 prior to delisting from the Main Board of the Stock Exchange) from August 2020 to August 2021. She was a non-executive director of Larry Jewelry International Company Limited (stock code: 8351, prior to delisting from GEM of the Stock Exchange) from February 2020 to November 2021. She was an independent non-executive director of Wan Leader International Limited (stock code: 8482) from August 2024 to September 2024, a company listed on the GEM of the Stock Exchange. She was an executive director of Zhejiang United Investment Holdings Group Limited (stock code: 8366) from July 2021 to March 2024, for which she served as an independent non-executive director from November 2019 to July 2021 and an independent non-executive director of China Come Ride New Energy Group Limited (stock code: 8039) from August 2019 to September 2024, a company listed on GEM of the Stock Exchange.

The Company has established three committees, namely, the Audit Committee, the Remuneration Committee and the Nomination Committee. All of the committees have adopted terms of reference in accordance with the principles set out in the Code on Corporate Governance Practices in the Listing Rules.

AUDIT COMMITTEE
Mr. LEE Chi Ho (Chairman)
Mr. HEUNG Chee Hang, Eric
Ms. LAI Pik Chi, Peggy

Terms of reference

REMUMERATION COMMITTEE
Mr. LEE Chi Ho (Chairman)
Mr. HEUNG Chee Hang, Eric
Ms. LAI Pik Chi, Peggy

Terms of reference

NOMINATION COMMITTEE
Mr. LEE Chi Ho (Chairman)
Mr. HEUNG Chee Hang, Eric
Ms. LAI Pik Chi, Peggy

Terms of reference