Overview

• Kuok Hui Kwong will assume the chief executive role on August 1 while continuing as chair, a position she has held since January 2017.
• Under her existing contract, she is entitled to a monthly base salary of HK$576,000 plus a discretionary bonus and pension benefits.
• She holds a direct and indirect interest in 95.57 million Shangri-La Asia shares, representing about 2.7 percent of the company.
• The dual-listed hotel group operates over 100 properties under four brands and posted US$2.19 billion in 2024 revenue amid a 12.3 percent net profit decline.
• The move formalizes a generational succession in the Robert Kuok family and fills the CEO vacancy left by Lim Beng Chee’s retirement at the end of 2022.