Hang Lung CEO to Retire, Successor Not Named

MT Newswires Live

07/31

Hang Lung Group (HKG:0010) and Hang Lung Properties (HKG:0101) said Chief Executive Officer Weber Lo Wai Pak will retire as CEO and executive director, effective Oct. 1, according to a joint statement on Friday.

Lo will become an adviser to the chair for one year following his retirement.

The companies have appointed a successor, who will join the group as CEO-designate and an executive director on Sept. 7 before assuming the role of CEO on Oct. 1. Details of the successor were not disclosed.

Hang Lung Properties fell nearly 4% while Hang Lung Group was down over 1% in recent trade.

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Details of the successor were not disclosed.</p><p>Hang Lung Properties fell nearly 4% while Hang Lung Group was down over 1% in recent trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0231459107.USD","symbol_name":"abrdn SICAV I - ASIAN SMALLER COMPANIES \"A\" (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2655376363","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2655376363","pubTimestamp":1785479193,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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