Macau’s SJM Holdings has recently unveiled its new Board of Directors and their respective roles and functions, marking a significant organizational shift. The announcement came through the company’s latest notice to investors, following the group’s annual general meeting.
New Leadership Appointments
According to the notice, Daisy Ho Chiu Fung has been appointed as the Chairman and Executive Director. She will be supported by Timothy Fok Tsun Ting and Angela Leong On Kei as Co-Chairmen and Executive Directors. Additional key appointments include:
- Dr. Chan Un Chan and David Shum Hong Kuen as Executive Directors
- Patrick Tsang On Yip as Non-Executive Director
- Marina Wong Yu Pok, Howard Yeung Ping Leung, and Norman Ho Hau Chong as Independent Non-Executive Directors
Committee Leadership
The new board also defined the leadership of various committees:
- Daisy Ho Chiu Fung will serve as the Chairman of the Executive Committee and Nomination Committee
- Marina Wong Yu Pok has been appointed as Chairman of the Remuneration Committee
- Norman Ho Hau Chong will lead as the Chairman of the Audit Committee
Daisy Ho’s Proven Leadership
Daisy Ho previously served as the Managing Director of SJM Holdings. Under her leadership, the group experienced a substantial 77.3% increase in revenue during Q1 of this year compared to the previous year, with total net revenue reaching HK$6.92 billion (US$0.89 billion). This impressive growth trajectory reflects her strategic vision and effective management.
Recent and Upcoming Developments
SJM Holdings has also made headlines with the grand opening of the Palazzo Versace Macau, a luxury hotel that adds a new dimension to Macau’s hospitality offerings. Additionally, the company has announced plans to refurbish the Grand Lisboa early next year, aiming to enhance its appeal and maintain its competitive edge in the market.
Conclusion: The Announcement
The announcement of SJM Holdings’ new Board of Directors and leadership roles marks a pivotal moment for the company. With Daisy Ho at the helm and a robust leadership team, SJM Holdings is well-positioned to continue its growth and success in the dynamic Macau gaming and hospitality market.
FAQs About SJM Holdings Announces New Board of Directors and Leadership Roles
1. Who has been appointed as the Chairman and Executive Director of SJM Holdings?
Daisy Ho Chiu Fung has been appointed as the Chairman and Executive Director of SJM Holdings.
2. Who are the Co-Chairmen and Executive Directors of SJM Holdings?
The Co-Chairmen and Executive Directors are Timothy Fok Tsun Ting and Angela Leong On Kei.
3. Who are the other Executive Directors on the new board?
The other Executive Directors are Dr. Chan Un Chan and David Shum Hong Kuen.
4. Who has been appointed as the Non-Executive Director of SJM Holdings?
Patrick Tsang On Yip has been appointed as the Non-Executive Director.
5. Who are the Independent Non-Executive Directors?
The Independent Non-Executive Directors are Marina Wong Yu Pok, Howard Yeung Ping Leung, and Norman Ho Hau Chong.
6. Who will chair the Executive Committee and Nomination Committee?
Daisy Ho Chiu Fung will chair the Executive Committee and Nomination Committee.
7. Who is the Chairman of the Remuneration Committee?
Marina Wong Yu Pok is the Chairman of the Remuneration Committee.
8. Who is the Chairman of the Audit Committee?
Norman Ho Hau Chong is the Chairman of the Audit Committee.
9. What was Daisy Ho’s previous role at SJM Holdings?
Daisy Ho was the Managing Director of SJM Holdings prior to the recent update.
10. What notable achievement did SJM Holdings experience during Daisy Ho’s interim as Managing Director?
During Daisy Ho’s interim, SJM Holdings saw a substantial 77.3% rise in revenue during Q1 of this year compared to the previous year, with total net revenue amounting to HK$6.92 billion (US$0.89 billion).
11. What recent development has SJM Holdings announced?
SJM Holdings recently announced the grand opening of the Palazzo Versace Macau.
12. What are the future plans for the Grand Lisboa?
SJM Holdings plans to refurbish the Grand Lisboa early next year.