Francis Lui, the son of late gaming mogul Lui Che Woo, has been officially appointed as Chairman of Galaxy Entertainment Group
According to a filing with the Hong Kong Stock Exchange on Friday, Francis is shifting from the Deputy Chairman role that he was appointed to in February of 1997 to the Chairman of the Board.
The change is effective from Friday, December 13th.
Lui’s shift in the company comes after the passing of his father, and Galaxy founder Lui Che Woo on November 7th of this year.
Lui Che Woo was 95 years old.
The shift was expected, given Francis Lui’s strong involvement in the group’s management.
Mr. Francis Lui, Chairman of GEG, said, “I am truly grateful for the guidance and support of Dr.
Lui over the years. I will continue to work closely with the Board and all of our team members to
realize Dr. Lui’s vision for GEG to become a world’s leading integrated tourism and leisure
company, and to contribute to the development of the country.”
In its release, GEG noted that the company’s board believes Francis Lui’s ‘leadership will continue to bring satisfying benefits and positive impacts on the development of the Group’s businesses’.