{"id":777006352,"date":"2023-06-16T08:45:26","date_gmt":"2023-06-16T11:45:26","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777006352"},"modified":"2026-04-22T20:54:44","modified_gmt":"2026-04-22T23:54:44","slug":"ambrose-so-shu-fai-steps-down-as-ceo-of-sjm-holdings","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/ambrose-so-shu-fai-steps-down-as-ceo-of-sjm-holdings","title":{"rendered":"Ambrose So Shu Fai steps down as CEO of SJM Holdings"},"content":{"rendered":"\n

So has been appointed as an advisor of the company and will continue to act as a director of SJM Resorts.<\/p>\n\n\n\n\n\n\n\n

Macau.- SJM Holdings announced yesterday (June 15) that Ambrose So Shu Fai <\/strong>has retired<\/a> as chief executive officer and executive director and did not seek re-election at the company AGM. He has also ceased to be vice-chairman, chief executive officer and a member of the executive committee, Cotai project committee, nomination committee and remuneration committee of the board.<\/p>\n\n\n\n

He has been appointed as an advisor of the company and continues to act as a director of SJM Resorts. The company said there were no disagreements with the board and that David Shum Hong Kuen has been appointed as authorised representative of the company.<\/p>\n\n\n\n

So’s retirement marks the end of an era for SJM Holdings. His association with the company and its subsidiaries spans over two decades. He spent 16 years as executive director and CEO and five years as vice-chairman of SJM Holdings.<\/p>\n\n\n\n

He led the company through many milestones, including the opening of Grand Lisboa in 2007, the expansion of its gaming operations in Macau Peninsula and Cotai and the development of Grand Lisboa Palace, which is expected to open in the second half of 2023<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

So has been appointed as an advisor of the company and will continue to act as a director of SJM Resorts.<\/p>\n","protected":false},"author":176,"featured_media":17520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Ambrose So Shu Fai has retired as CEO and Executive Director of SJM Holdings after over two decades of service, including 16 years as CEO. He will continue as an advisor to the company and a director of SJM Resorts, with David Shum Hong Kuen appointed as the new authorised representative. So's tenure included significant developments like the Grand Lisboa and Grand Lisboa Palace.","focusai_entities":"Ambrose So Shu Fai, SJM Holdings, SJM Resorts, David Shum Hong Kuen, Grand Lisboa, Grand Lisboa Palace","focusai_location":"Macau, Macau Peninsula, Cotai","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"SJM's post-So strategy?","query":"What strategic shifts or operational priorities are anticipated for SJM Holdings following Ambrose So's retirement, particularly concerning its Macau gaming verticals and capital expenditure plans?"},{"label":"Impact on Macau market?","query":"How might this executive transition at SJM Holdings influence the competitive landscape and market share dynamics among Macau's gaming concessionaires, especially with the Grand Lisboa Palace opening?"}],"footnotes":""},"categories":[157,16338],"tags":[23108],"class_list":["post-777006352","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-east-asia-news","tag-sjm-holdings"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006352","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777006352"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006352\/revisions"}],"predecessor-version":[{"id":777006396,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777006352\/revisions\/777006396"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17520"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777006352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777006352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777006352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}