According to the company, Ching, Tam and Ho were “recently presented with an opportunity to lower their shareholders in Fu Yu, enter retirement and hand the reins over to a new leadership who they believe can bring value to the group.”
Fu Yu Corporation’s co-founders, Ching Heng Yang, Tam Wai and Ho Nee Kit, on Jan 22, announced their retirement from the company.
Ching, Tam and Ho established the company in 1978 and have grown the company to become one of the largest manufacturers of precision plastic products in Asia today.
