GEG also announced the appointment of Sze Wine Him Jaime<\/strong> as an independent non-executive director and member of the Nomination Committee. The Hong Kong businessman and investment executive currently serves as investment director of Hang Tung Resources Holding Limited and as a non-executive director of Prosperous Future Holdings Limited. <\/p>\n\n\n\n Sze has signed a three-year service contract and will receive annual remuneration of HK$475,000 (US$61,000). Drake\u2019s three-year appointment has an annual remuneration of HK$390,000 (US$50,100), subject to annual review and shareholder approval.<\/p>\n\n\n\n The company also confirmed several changes to board committee leadership, including the appointment of chairman Francis Lui Yiu Tung<\/strong> as chairman of the Nomination Committee. Independent non-executive directors William Yip Shue Lam<\/strong> and Michael Victor Mecca<\/strong> have resigned due to retirement. <\/p>\n\n\n\n Earlier this week, the company reported net revenue of HK$12.4bn (US$1.59bn) for the first quarter of 2026<\/a>, up 11 per cent year-on-year. In a filing to the Hong Kong Stock Exchange<\/strong> on May 12, the company reported that adjusted EBITDA reached HK$3.6bn (US$462m) for the three months ended March 31, 2026, an increase of 8 per cent from a year earlier but down 17 per cent from the previous quarter.<\/p>\n\n\n\n
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