Home / Knowledge / News / Textiles / Lai Sun Garment appoints Yip Chai Tuck as CEO
Lai Sun Garment appoints Yip Chai Tuck as CEO
19
Aug '13
Mr. Yip Chai Tuck has been appointed as the Chief Executive Officer of the Company with effect from 19 August 2013.

The board of directors  of Lai Sun Garment (International) Limited announces that Mr. Yip Chai Tuck has been appointed as the Chief Executive Officer of the Company with effect from 19 August 2013.

Mr. Yip, age 39, has extensive experience in corporate advisory, business development and investment banking. Prior to joining the Lai Sun Group, he was a Managing Director of Goldman Sachs and Head of Mergers and Acquisitions ("M&A") for China. He also worked for PCCW Limited, a Hong Kong listed company, as Vice President of Ventures and M&A, responsible for strategic investments and M&A transactions.

He graduated from Macquarie University, Australia with a Bachelor of Commerce (Accounting) and obtained a master degree in Applied Finance and Investments from the Financial Services Institute of Australia, where he is also a Fellow member.

Mr. Yip has entered into a service contract with the Company with no fixed term but such contract is determinable by either the Company or Mr. Yip serving the other party not less than 3 months' written notice or payment in lieu thereof.

Mr. Yip will be entitled to receive an annual remuneration of HK$7,800,000 and such other remuneration and discretionary bonus as may be determined by the Board from time to time with reference to the performance of the Chief Executive Officer and the Company, profits on new investments, his duties and responsibilities and the prevailing market conditions.

Mr. Yip does not hold any other directorships in listed public companies in the last three years and does not have any relationship with any directors, senior management, substantial or controlling shareholders of the Company.

As at the date of this announcement, Mr. Yip does not have any interests or short positions in the shares, underlying shares and/or debentures of the Company or its associated corporations within the meaning of Part XV of the Securities and Futures Ordinance, Chapter 571 of the Laws of Hong Kong.

Lai Sun Garment

Must ReadView All

Apparel/Garments | On 28th Feb 2017

Delta Galil's Q4 operating profit jumps 80%

In the three months to December 31, 2016, operating profit at apparel ...

View of YiwuTex 2016; Courtesy: YiwuTex

Textiles | On 28th Feb 2017

Smart knitting system to grace 18th YiwuTex 2017

The thematic functional knitting machinery zone at the 18th YiwuTex...

Textiles | On 28th Feb 2017

Over 100 exhibitors expected to participate in IATF

Over a 100 exhibitors are expected to showcase their products at the...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search