Investor Relations

BUSINESS PROFILE

Luen Thai Holdings Limited together with its subsidiaries is one of the leading apparel manufacturing and supply chain services providers worldwide. We have close partnership with brands and retailers globally, which include Polo Ralph Lauren, Dillard's, Limited Brands, adidas and Fast Retailing among others. We produce more than 70 million pieces of garments annually with products ranging from casual wear, ladies' wear (intimate, career and fashion wear), sports and activewear, pants, sweaters, outerwear, denimwear and children's wear.

As a total apparel manufacturing and services group, Luen Thai has developed a business model "design-to-store" ("D2S") providing a one-stop shop supply chain platform for partnership, including design and development, materials management, production and logistics. D2S answers our customers' needs for a wide range of products and services, and faster response at a competitive cost, making it the right business model in today's quota-free apparel industry. Through D2S, Luen Thai can offer speed-to-market solutions that will help our customers improve their supply chain through shortening lead time, lowering total sourcing costs and reducing retail mark-down.

Unlike traditional apparel manufacturers focusing mostly on production, Luen Thai offers a hybrid model of multi-product manufacturing and outsourcing. First of its kind in the industry, Luen Thai set up its first Supply Chain City in Dongguan, People's Republic of China, with dedicated development centers allowing customers to work with our team in all phases of the supply chain process. Along with our customers, Luen Thai has been committed to compliance to corporate social responsibility.

Headquartered in Hong Kong, Luen Thai has a production and outsourcing partner facilities in China, the Philippines, Indonesia, India and Bangladesh. Our sales, design, and logistics offices are located in Asia Pacific, the United States of America and Europe. Luen Thai employs over 20,000 employees worldwide.   

EXECUTIVE DIRECTORS

Dr. Tan Siu Lin is the founder and chairman of Luen Thai. Dr. Tan is also the chairman of Luen Thai Centre for Supply Chain System Research and Development at Peking University in China and the chariman of TSL School of Business and Information Technology in Quanzhou Normal University. He is a board member of the Shaw College at the Chinese University of Hong Kong and the vice-chairman of the Huaqiao University as well as the honorable president of the Hong Kong General Chamber of Textiles Limited. Dr. Tan holds an honorary Doctoral of Laws degree from the University of Guam.

Henry Tan is the chief executive officer (CEO) and president of Luen Thai. He is also a member of the Remuneration Committee and the Bank Facility Committee. He joined Luen Thai in January 1985 and has over 22 years of experience in apparel and logistics industries. Henry Tan is the chairman of the Hong Kong General Chamber of Textiles Limited and is also an independent non-executive director of Kingboard Chemical Holdings Limited. He also acts as committee member of the Chinese People's Political Consultative Conference in Fujian Provice, China. He also was recently elected as one of the members of the Election Committee in Hong Kong, who was given the mandate to choose the territory's new Chief Executive in March 2007. He obtained his master's degree and bachelor's degree in business administration from the University of Guam. 

Raymond Tan is the president and chief manufacturing officer (CMO) of Luen Thai International Group and concurrently holds the title of president for both YTI and GTI, and executive director of Luen Thai Holdings, Ltd. He joined Luen Thai in 1989 and has over 17 years of experience in the industry. He is a member of the advisory board of the Textile Projects Vetting Committee for the Innovation and Technology Fund of Hong Kong. He was the recipient of the Young Industrialist Award of Hong Kong and the DHL/SCMP Owner-Operator Award for 2003. Raymond Tan graduated with a bachelor's degree in business administration from the University of Guam.

Anne Mok Siu Wan is the president and chief merchandising officer of Luen Thai International Group and concurrently holds the title of president and managing director of GJM, Tomwell and TellaS, and executive director for Luen Thai Holdings, Ltd. She is an accomplished professional with years of experience in key executive and board members positions out of which over 20 years were spent within various management positions within the Swire Group Companies. She also held senior management positions with other large companies including Pentland Group plc, an international group which develops and owns some leading brands in the sports and fashion business, and Li & Fung Limited. She graduated with a bachelor's degree in arts from the University of Hong Kong and has attended the management programmes organized by Harvard University, Tsinghua University and INSEAD Euro-Asia Centre. She was a member of the Board of Governors for the American Chamber of Commerce in Hong Kong from 1998 to 2003 and the chairman of the Textiles Committee for the American Chamber of Commerce in Hong Kong in 1996 and 1997. She joined Luen Thai in 2003.

Sunny Tan is the executive director and chief financial officer (CFO) of Luen Thai. Prior to joining the company in 1999, he worked at the investment banking division of Merill Lynch. In 2006, he was appointed as the vice chairman of the Hong Kong General Chamber of Textiles Limited and a special advisor to the Governor of Commonwealth of the Northern Mariana Islands. He obtained a master of science degree from Stanford University and bachelor of business administration degree from University of Wisconsin-Madison.

NON-EXECUTIVE DIRECTOR

Willie Tan is the chief executive officer (CEO) of the Tan Private Group. He joined the Group in July 1985 and has over 20 years of experience in the apparel business as well as logistics. Willie Tan is a board director of the Confederation of Garment Exporters of the Philippines and is a committee member of the Chinese People's Political Consultative Conference in Qing Yuan, Guangdong. He is the founding board of director of the Philippine-China Business Council. He obtained his bachelor's degree in business administration from the University of Guam.  

JJ Lu is an executive director and also the general manager of one of the three manufacturing groups of Yue Yuen Industrial (Holdings) Limited (“Yue Yuen”), a company listed on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) and is considered a substantial shareholder of the Company under the Rules Governing the Listing of Securities on the Stock Exchange (“Listing Rules”). Additionally, he is currently a director of San Fang Chemical Industry Co. Ltd. and Global Brands Manufacture Limited, companies being listed on the Taiwan Stock Exchange and the Gre Tai Securities Market in Taiwan respectively. Mr. Lu also holds several directorships in certain private companies established in Taiwan, Hong Kong, mainland China, the United States, Bermuda and the British Virgin Islands, which are engaged primarily in investment holding, production and marketing of non-apparel products, except for Yuen Thai Industrial Company Limited, a joint venture company established between Yue Yuen and the Group in 2004 to develop active wear business. Mr. Lu is an accomplished industry professional with over 29 years of experience in the manufacturing of footwear and related components. He is a college graduate.

INDEPENDENT NON-EXECUTIVE DIRECTORS

Henry Chan is a member of both the audit committee and the remuneration committee. He has over 19 years of experience in the financial market and is the managing director of Sanfull Securities Limited. He was a director of the Stock Exchange of Hong Kong Company Limited and Hong Kong Securities Clearing Company Limited. Henry Chan is currently a member of the advisory committee of the Securities and Futures Commission, the permanent honorary president of Hong Kong Stockbrokers Association Limited, an independent non-executive director of Hengan International Group Company Limited, a company listed on the main board of the Stock Exchange which engages in the manufacture and distribution of personal hygiene products. He is also a committee member of the Chinese People's Political Consultative Conference in Xiamen, Fujian Province, China. Henry Chan obtained his master's degree in business administration from Asia International Open University (Macau) and his bachelor's degree in arts from Carleton University in Canada. He joined Luen Thai in 2004.

Siu Kee Cheung is a member of both the audit committee and the remuneration committee. He has extensive experience in the financial industry. He was the group treasurer fo Nam Tai Electornics, Inc. from 2004 to 2005. He had also worked for the Hong Kong and Shanghai Banking Corporation Limited in Hong Kong for 37 years when he retired in 2003 as a senior executive in the corporate and institutional banking division. He obtained his bachelor's degree of arts from the Unversity of Hong Kong. He joined Luen Thai in 2004.

Nea Yie Seing is the chairman of both the audit committee and the remuneration committee. He is the senior partner of both accounting firms Messrs. Chan, Seing & Co. and Messrs. Chen Yih Kuen & Co. Certified Public Accountants. He has over 32 years of audit experience and is currently holding CPA (Practising) at Hong Kong Institute of Certified Public Accountants. He is an active contributor to the charity activities in the community. He was the director of Po Leung Kuk, an authorized charity organization in Hong Kong from 1987 to 1990 and became the vice chairman in 1990 and 1991. He was also a member of audit committee of Po Leung Kuk from 1996 to 2000. Currently, he is the honorary president of The Fukienese Association Limited. He joined Luen Thai in 2005.

SENIOR MANAGEMENT

Francisco Sauceda Jr. is the executive vice president for corporate services and development for Luen Thai International Group and president of Luen Thai Philippines. He has been with the company since 1994. Prior to joining Luen Thai, he was a director for Zale Corp, a fine jewellery retailer in the United States. He obtained his bachelor's degree in business administration from Texas Southmost College, University of Texas and is a member of the communications and marketing committee of the American Chamber of Commerce in Hong Kong.

Benny Chan is the senior vice president of textile division. He is responsible for the overall management of the operation of the end-to-end process of the textile business. He joined Luen Thai in 1980.

Belinda Choi is Luen Thai's finance controller and treasurer. She has over 32 years of experience in various areas of the apparel manufacture industry with over 21 years of experience in financial management. She joined Luen Thai in 1967.

Richard Helfenbein is the president of Luen Thai USA. He has extensive experience in the industry in key executive positions with Crystal Brands Inc., as the president of Izod/Lacoste Youthwear and as the managing director of Burlington Industries, Inc. He has been with the comany since 1999. He currently sits on the Board of Trustees of Blythedale Children's Hospital in New York. Also, he was recenlty appointed member of the American Apparel and Footwear Association, the highly prestigious national trade organization in the United States of apparel footwear, and other sewn products companies, and their suppliers. He received a degree in bachelor of science in economics from the Wharton Business School at the University of Pennsylvania.

Dr. John Romagna is the senior vice president of supply chain processes and systems division. He joined the company in 1997 and has over 26 years of business strategy, and process analysis and reengineering experience leveraging information technology. He has been a consultant for various organizations and companies includng the World Bank, Agency for International Development, US Defense Department, Toshiba, Fujitec, the Hong Kong Department of Industry, Huawei Technology and GTE. Dr. Romagna holds a Phd from Columbia University and a master's degree from Columbia University in military strategy. He did post-doctoral work in Princeton University in systems analysis and programme evaluation.

Jerry Tan is the chief executive officer (CEO) of CTSI Logistics, responsible for the worldwide logistics business of LuenThai. He joined the company in 1989. He has over 17 years experience in logistics operations. He currently sits on the board of the American Red Cross Northern Mariana Islands Chapter, Strategic Economic Development Council of the Commonwealth of Northern Mariana Islands and Northern Marianas College Foundation. Also, he is the chariman of the Mariana Vistiros's Authority of CNMI and the president of the Northern Mriana Islands Football Association. He was also recently appointed as an executive committee member of the East Asian Football Federation. In 2003, he was awarded Business Person of the Year by the Saipan Chamber of Commerce. He obtained a degree in bachelor of business administration from the Unviersity of Guam.