Philip Chen named adviser to Hang Lung chairmanBusiness | 16 Jul 2018 12:00 pm
Philip Chen Nan-lok, 62, will serve as adviser to chairman of Hang Lung Group (0101), Ronnie Chan Chi-chung for a year, the property developer said today. He is also becomes a non-executive director.
He will receive a director’s fee of HK$675,000 per year.
He will also receive a gratuity of HK$40 million today, the company said.
His retirement was to be effective today as annoucned earlier.
Chen joined the company and its listed holding company, HLG as chief executive in 2010.