Lee Shau Kee, Hong Kong's 2nd Richest Man, Steps Down At Flagship [Forbes]
HENDERSON LD DEV S/ADR (HLDCY)
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Source: Forbes
Lee Shau Kee, Hong Kong's 2nd Richest Man, Steps Down At Flagship Lee Shau Kee, founder of Henderson Land Development Co., center, and his sons Martin Lee Ka Shing, co-chairman, left, and Peter Lee Ka Kit, co-chairman, attend a news conference after the company's annual general meeting in Hong Kong on Tuesday, May 28, 2019. Photographer: Paul Yeung/Bloomberg © 2019 Bloomberg Finance LP Lee Shau Kee, Hong Kong’s second richest man who has long been one of the world’s most successful real estate developers, has stepped down as chairman and managing director of real estate developer Henderson Land Development. Lee’s decision was first officially floated in a filing on March 20. Shareholders approved the move at an annual meeting yesterday, May 28. Lee Shau Kee ranked No. 2 on the annual Forbes Hong Kong Rich List published earlier this year. He has a fortune worth $31.9 billion on the Forbes Real-Time List today. Lee, 91, is succeeded by long-groomed sons Lee Ka Kit, better known as Pet
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