Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong
Kong Limited take no responsibility for the contents of this announcement, make no
representation as to its accuracy or completeness and expressly disclaim any liability
whatsoever for any loss howsoever arising from or in reliance upon the whole or any
part of the contents of this announcement.
Louis XIII Holdings Limited
路易十三集團有限公司*
(Incorporated in Bermuda with limited liability)
(Stock code: 577)
APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR
AND
CHANGE OF AUDIT COMMITTEE MEMBER
Mr Chan Kok Chung, Johnny has been appointed as an Independent Non-Executive
Director of the Company and a member of the Audit Committee of the Company with
effect from 21 November 2014.
The board of directors (the “Board”) of Louis XIII Holdings Limited (the “Company”) is
pleased to announce that Mr Chan Kok Chung, Johnny (“Mr Chan”) has been appointed
as an Independent Non-Executive Director of the Company and a member of the Audit
Committee of the Company with effect from 21 November 2014. Set out below is the
biography and background information of Mr Chan.
Mr Chan Kok Chung, Johnny, aged 54, has over 30 years of experience in investment
banking and investment management industry. He is a co-founder of Crosby Capital
Limited, and the Chairman and Chief Executive Officer of Crosby Asset Management
(Hong Kong) Limited, a regulated entity of the Hong Kong Securities and Futures
Commission. Mr Chan is the President of the Hong Kong Venture Capital and Private
Equity Association. He is also the Secretary General of the Asia Venture Capital
and Private Equity Council. Mr Chan is a member of the Innovation and Technology
Commission, the Steering Committee of the Asian Financial Forum of Hong Kong Trade
Development Council and the Development Board of the Chinese International School.
He is a member of the Choate Rosemary Hall Parent Advisory Council. He is a Director
of Repton International (Asia Pacific) Limited. Mr Chan holds a Master of Business
Administration degree from City University Business School in the United Kingdom, a
postgraduate diploma from The Securities Institute of Australia and a Bachelor of Arts
(Hons) degree in Economics from the London Metropolitan University.
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Mr Chan was an Executive Director (from 2000 to 2008 and from 2010 to 2013) and
a Non-Executive Director (from 2008 to 2010) of Crosby Capital Limited (8088.HK).
Save as disclosed above, Mr Chan did not hold (i) any position with the Company or
any of its subsidiaries, (ii) any directorship in the last three years in public companies,
the securities of which are listed on any securities market in Hong Kong or overseas,
and (iii) any other major appointment and professional qualification. Mr Chan does
not have any interest in any shares or underlying shares of the Company required to
be disclosed pursuant to Part XV of the Securities and Futures Ordinance nor does
he have any relationship with any other directors, senior management or substantial
shareholder or controlling shareholder of the Company. Mr Chan has not entered into
any service contract with the Company or its subsidiaries. He is appointed for a term
of approximately three years and is subject to re-election in accordance with the byelaws of the Company. He will receive a director’s fee, currently HK$400,000 per annum,
as determined by the Board pursuant to the authority given by the shareholders of
the Company at the Company’s general meetings and with reference to the prevailing
market conditions.
Save as disclosed above, there are no other matters concerning Mr Chan that need to
be brought to the attention of the shareholders of the Company nor any information to
be disclosed pursuant to the requirements of Rule 13.51(2) of the Rules Governing the
Listing of Securities on the Stock Exchange of Hong Kong Limited.
Taking this opportunity, the Board would like to extend its warmest welcome to
Mr Chan for joining the Board.
Following the above changes, the Audit Committee of the Company comprises 5
members, namely Ir James Chiu (being Chairman of the committee), Professor Lee
Chack Fan, Mr Iain Ferguson Bruce, Mr Francis Goutenmacher and Mr Chan Kok
Chung, Johnny.
By Order of the Board of
Louis XIII Holdings Limited
Mui Ching Hung, Joanna
Company Secretary
Hong Kong, 21 November 2014
As at the date of this announcement, the directors of the Company are:
Mr Stephen Hung
Mr Peter Lee Coker Jr.
Mr Lau Ko Yuen, Tom
Mr Walter Craig Power
Ir James Chiu, OBE, JP
Professor Lee Chack Fan, GBS, SBS, JP
Mr Iain Ferguson Bruce
Mr Francis Goutenmacher
Mr Chan Kok Chung, Johnny
:
:
:
:
:
:
:
:
:
Joint Chairman (Executive Director)
Joint Chairman (Executive Director)
Deputy Chairman (Executive Director)
Executive Director & Chief Executive Officer
Independent Non-Executive Director
Independent Non-Executive Director
Independent Non-Executive Director
Independent Non-Executive Director
Independent Non-Executive Director
* For identification purpose only
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