After 21 years with SJM Holdings, Dr. So Shu Fai will step down from the roles of CEO, govt director and vice president.
Dr. So advised the board that he would retire and no longer provide himself up for re-election as the exective director of SJM Holdings at the business’s impending annual total assembly (AGM).
Upon retirement, Dr. So will no longer aid his a gigantic sequence of board and govt roles, in conjunction with as vice president and chief govt officer, as effectively as a member of the Executive and Remuneration committees.
On the opposite hand, Dr. So will remain in space as director of SJM Resorts after the conclusion of the 2023 AGM.
Dr. So confirmed that he had “no difference” with the board and became once no longer conscious of any issues linked to his govt and board stage roles that must be brought to consideration of the shareholders of the firm.
SJM Holdings mentioned that its Executive Committee will proceed to supervise the implementation of the business’s strategic needs and business operations following the grant to the firm’s subsidiary SJM Resorts of a brand recent 10-one year concession by the Macau govt.
“The board needs to thank Dr. So for his precious contribution for the length of his long tenure of space of business as vice-chairman, govt director and chief govt officer of the firm,” mentioned the board in a observation.