Hong Kong developer SHKP’s executive director Maureen Fung resigns on health grounds
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Maureen Fung Sau-yim resigned from her position as executive director of Sun Hung Kai Properties (SHKP), Hong Kong's largest developer, effective immediately on Tuesday, citing health issues. The resignation follows reports alleging her suspension last week in connection with a possible corruption case involving a Shanghai shopping mall. SHKP acknowledged the news reports and stated they are investigating the referenced matters, appointing personnel to cover Fung's responsibilities. Fung joined SHKP in 1991 and became an executive director in August 2022, overseeing strategic planning and management of key shopping malls in Hong Kong and mainland China. The company maintains that daily operations will continue as normal.
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