SINO HOTELS (01221.HK): Lau Ip Keung named independent director

NewTimeSpace News: On 27 October 2026, Sino Hotels (Group) Limited (stock code: 01221.HK) appointed Legislative Council member Lau Ip Keung as an independent non-executive director from that date. He was also appointed an independent non-executive director of Sino Land Company Limited and Tsim Sha Tsui Properties Limited. Lau, 60, is a vice chairman of Wing Tung Yick Holdings Limited.

Lau has extensive experience in public administration and community service, serving on the 14th National Committee of the Chinese People's Political Consultative Conference, the Executive Council of the Hong Kong Special Administrative Region and as chairman of the Heung Yee Kuk. He has a letter of appointment but no service contract, for three years from 27 October 2026, subject to retirement by rotation and re-election, with an annual director's fee of HKD 150,000. He confirmed his independence under Rule 3.13(1) to (8) and holds no shares in the Company.