Feb 29, 2016 - holds a Bachelor of Arts degree from King's College London, University ... Chief Executive Officer of the
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LIFESTYLE INTERNATIONAL HOLDINGS LIMITED 利福國際集團有限公司 (Incorporated in the Cayman Islands with limited liability)
(Stock Code: 1212)
APPOINTMENT OF EXECUTIVE DIRECTOR The Board of Directors (“Board”) of Lifestyle International Holdings Limited (“Company”, together with its subsidiaries, “Group”) is pleased to announce that Ms. Lau Kam Shim (“Ms. Lau”) has been appointed as an executive director of the Company with effect from 1 March 2016. Ms. Lau, aged 28, joined the Group in October 2012 and is currently the division manager responsible for international boutiques and sales promotion division of the Group. Ms. Lau holds a Bachelor of Arts degree from King’s College London, University of London and a Master of Arts degree from Columbia University in the City of New York. Ms. Lau is the daughter of Mr. Lau Luen Hung, Thomas, the controlling shareholder, the Chairman and the Chief Executive Officer of the Company and the niece of Ms. Lau Yuk Wai, Amy, a non-executive director of the Company. Ms. Lau is also a director of United Goal Resources Limited, a shareholder of the Company which holds 33.70% of the issued shares of the Company. The Company and Ms. Lau have entered into a letter of appointment with no fixed term. Ms. Lau is subject to retirement and re-election pursuant to the Articles of Association of the Company. The emoluments of Ms. Lau comprise an annual salary of HK$1,200,000, a director’s fee of HK$200,000 per annum and discretionary bonuses and other benefits, which are determined by the Board with reference to her duties and responsibilities and the prevailing market conditions. Save as disclosed above, Ms. Lau does not have any relationship with any directors, senior management or substantial or controlling shareholders of the Company. She has not held any directorships in other listed public companies during the last three years. Ms. Lau does not hold any interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance. Save as disclosed herein, Ms. Lau is not aware of any other matters or information that need to be brought to the attention of the shareholders or to be disclosed pursuant to any of the requirements of Rule 13.51(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited in connection with her appointment. -1-
The Board takes this opportunity to welcome Ms. Lau to join the Board.
On behalf of the Board Lifestyle International Holdings Limited Lau Luen Hung, Thomas Chairman Hong Kong, 29 February 2016
As at the date of this announcement, the Board comprises Mr. Lau Luen Hung, Thomas as executive director, Mr. Doo Wai Hoi, William and Ms. Lau Yuk Wai, Amy as non-executive directors, and Mr. Lam Siu Lun, Simon, The Hon. Shek Lai Him, Abraham, Mr. Hui Chiu Chung and Mr. Ip Yuk Keung as independent non-executive directors.
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