Lai Sun Group(Chinese:Lệ tân tập đoàn;pinyin:Lìxīn Jítuán) is aHong Kongconglomerate.It was founded by garment billionaire andentrepreneur,Lim Por-yen.[1]Its businesses includeproperty development,real estate investment,hotel,telecom,mass mediaand entertainment. Lai Sun is working withMajor League Gamingto build anesportsarena onHengqin.

Lai Sun
Native name
Lệ tân
Founded1947;77 years ago(1947)inHong Kong
FounderLim Por-yen
HeadquartersHong Kong
Websitewww.laisun

Lai Sun Group is developingNovotownatHengqin,Zhuhai,China. It is an integrated tourism and entertainment project. Phase one has been completed, and features two indoor attractionsLionsgate Entertainment WorldandNational Geographic Ultimate Explorer.It also includes the 494-room Hengqin Hyatt Regency Hotel and mixed-use shopping centre with a host of restaurants and bars. Phase one costs about 5 billion yuan (HK$6.16 billion). Phase 2 will include an interactive football experience centre and automobile experience centre in partnership withReal Madridfootball club andPorscherespectively.[2]

The group consists of several companies and some of them are listed on theHong Kong Stock Exchange.

Leadership

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The Lai Sun Group has been run by Lim Por-yen and his family since its founding in 1947; the group is currently being run by the second generation of the family.[3]Lim first became Chairman and an Executive Director in the company in 1959.[4]

List of chairmen

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  1. Lim Por-yen(1959–1999); honorary chairman until 2005
  2. Peter Lam(since 1999)

List of CEOs

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  1. Peter Lam (1977–2005)
  2. Julius Lau (since 2005)

References

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  1. ^PolyU names two lecture theatres after philanthropist Lim Por-yen
  2. ^"Lai Sun Group's Novotown project will turn Hengqin island into a major player".South China Morning Post.28 May 2018.
  3. ^"About Us".
  4. ^"Lai Sun Development Annual Report"(PDF).2001–2002.
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