Dr. Ho Hung Sun,Stanley aged 96, Macau gambling king will retire the positions asChairmanand Executive Director and a member of the Executive Committee ofthe Board of SJM Holdings Limited at the forthcoming annual general meeting(2018 AGM) on the 12th June, 2018. His daughter, Ms.Ho Chiu Fung, Daisy will take reins of the business. Also DeputyMs.Leong On Kei, Angela and Mr.Fok Tsun TingTimothy, son of Mr. Ho’s former business partner Henry Fok, will be appointed as Co-Chairmen and Executive Directors. And Dr.So Shu Fai will be appointed as Vice-Chairman, Executive Director and Chief Executive Officer of the Company.In the year 2017, Dr.Ho Hung Sun, Stanley stepped down as Chairman of Hong Kong Shun Tak Holdings Ltd and his daughter Ms.Ho Chiu King, Pansy taking over the position.
The Board will appoint Dr. Ho as “Chairman Emeritus” and recommendDr. Chan Un Chan as an Executive Director ofSJM at the 2018 AGM following the retirement of Dr. Ho Hung Sun, Stanley at that meeting.