Shimao Property Holdings (HK:0813) has released an update.
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Shimao Group Holdings Limited has announced upcoming leadership changes, with current Chairman Mr. Hui Wing Mau set to retire on September 1, 2024, and Vice Chairman and President Mr. Hui Sai Tan, Jason, appointed as the new Chairman. The outgoing Chairman’s departure is part of an arranged retirement plan, and he leaves with no disputes and nothing that shareholders should be concerned with. Mr. Jason Hui, who has over 25 years of experience in the industry, will take over leadership, continuing the legacy of his father within the firm.
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