Emperor Entertainment Hotel Ltd has announced the appointment of Alexander Yeung, the son of the group’s majority shareholder, as vice chairman of the board, executive director and chairman of the executive committee.
Emperor Entertainment operates satellite casinos in Macau, being Chaired by the wife of Albert Yeung – Semon Luk Siu Man.
In a company filing, the group notes that the appointment aims to utilize Alexander Yeung’s ‘years of experience in property investment and development as well as hotel operations and a wide range of management experience in various businesses covering entertainment production and investment, artiste management, film production, investment and distribution, cinema development and operations, financial and securities services, retailing of watch and jewelry, retailing and wholesaling of furniture as well as media and publication’.
The new position comes with a directors fee of some HK$100,000 per year ($12,840).