Shun Wo's COO Steps Down

MT Newswires Live

10/27

Shun Wo Group's (HKG:1591) chief operating officer, Lai Kwok Fai, resigned effective Monday to devote more time to his personal endeavors, a Monday Hong Kong bourse filing said.

Lai also stepped down as a director of May City after selling his 30% stake in the firm to Wong Yan Hung, another shareholder.

May City is one of the controlling shareholders of foundation contractor Shun Wo.

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