Hong Kong’s third-richest person Henry Cheng threw succession plans into question when he said in November that he might tap an outsider to lead his business empire, which includes property giant New World Development and Chow Tai Fook Jewellery Group.
Billionaire Cheng family seeks to oust Giordano CEO after failed buyout businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
Billionaire Cheng family seeks to oust Giordano CEO after failed buyout straitstimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from straitstimes.com Daily Mail and Mail on Sunday newspapers.
The family of Henry Cheng, Hong Kong’s third-richest person, wants to replace CEO Peter Lau with Colin Currie and also appoint two of Henry’s children, Sonia and Christopher, as non-executive directors.