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

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search