New World Department Store Names Chair, Vice-Chair

MT Newswires Live
Jan 09

New World Department Store China's (HKG:0825) chairman, Cheung Fai-yet, Philip, retired effective Friday, according to a same-day Hong Kong bourse filing said.

The department store operator, on the same day, named Cheng Kar-shun, Henry, as its new chair.

Cheng was appointed as a substantial shareholder and director of New World Development Company in October 1972.

The company also appointed Huang Shaomei, Echo, as its vice-chairman on the same day. Huang became the CEO of New World Development Company in November 2024.

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