Hong Kong legislator Abraham Shek Lai Him has been nodded as an independent non-executive director of Asian casino investor Landing International Development Ltd, albeit with only 75.3 percent of the shareholder votes that were cast on the matter.
A total of 24.7 percent of the votes were against the move, when it was tabled at a special general meeting on Thursday.
Mr Shek had been appointed in mid-August to the board of the Hong Kong-listed firm.
Landing International promotes and operates a resort with foreigner-only casino called Jeju Shinhwa World, on Jeju island, a normally-popular South Korean holiday destination for Chinese and domestic tourists.
As of Landing International’s August filing on Mr Shek’s appointment, he was described as being an independent non-executive director at 17 other Hong Kong-listed public companies, including Macau casino operator SJM Holdings Ltd.
Another such directorship, according to the earlier filing, was with Hong Kong-listed Far East Consortium International Ltd, which is involved in a casino resort scheme in Brisbane, the capital of Queensland in Australia. Far East Consortium also owns gaming operations in three casinos in Czech Republic, via a subsidiary called Trans World Corp.
Sep 22, 2023A number of hotel properties at Macau casino resorts has already sold all or most of the rooms that are available on the open market, for most nights of the upcoming autumn Golden Week holiday...
”This year, so far, we will be starting [revamp] work at Grand Hyatt; then, we are looking at Countdown, and afterwards we will look at Altira and others”
Chairman and chief executive of Melco Resorts