Ponte 16's Parent Company Welcomes New Company Secretary Amidst Macau's Gaming Revival

Key Takeaways

• Leadership Change: Success Universe Group, the force behind Macau's iconic Ponte 16, announces Cua Fong Ying as the new Company Secretary and Authorised Representative, stepping into the role on 20 June 2024.
• Experienced Professional: With a robust background in governance and a history of serving HKEX-listed companies, Cua brings a wealth of experience to her new position.
• A Bright Future Ahead: As Macau's gaming and tourism sectors bounce back post-pandemic, the leadership transition at Success Universe Group heralds a promising era for the Ponte 16 casino-hotel.

In the heart of Macau's World Heritage Site Inner Harbour, a significant leadership transition is unfolding at Success Universe Group, the proud owner of the Ponte 16 casino-hotel. The company recently announced the appointment of Cua Fong Ying as its new Company Secretary and Authorised Representative, effective from the 20th of June, 2024. This strategic move comes on the heels of Chiu Nam Ying's resignation, marking a new chapter for the organization as it navigates the post-pandemic landscape of Macau's gaming industry.

Cua isn't new to the complexities of corporate governance. With her dual memberships in The Hong Kong Chartered Governance Institute and The Chartered Governance Institute, she's well-equipped to steer Success Universe Group towards a prosperous future. Her journey with the company began back in 2006, and she has since climbed the ranks to her most recent role as Senior Company Secretarial Manager. This progression speaks volumes about her dedication and capability, making her an ideal fit for her new responsibilities.

The Board has extended a heartfelt welcome to Cua, signaling confidence in her ability to guide the company in this era of recovery. The gaming and tourism sectors in Macau are on the brink of a resurgence, and with Cua's leadership, Success Universe is poised to capitalize on this momentum. The appointment not only signifies a fresh start but also reflects the company's commitment to resilience and growth in the face of challenges.

Ponte 16, a jewel in Success Universe's crown, was among the businesses hit hard by the COVID-19 pandemic. With its strategic location in Macau's Inner Harbour and its historical significance, Ponte 16 has long been a favorite among tourists and gaming enthusiasts alike. The pandemic brought unforeseen challenges, requiring substantial financial support from its parent company to stay afloat. Now, as the world slowly returns to normalcy, there's a renewed sense of optimism for the revival of Macau's tourism and gaming sector, and with it, the resurgence of Ponte 16.

The story of Success Universe, and by extension, Ponte 16, is one of resilience and renewal. With Cua Fong Ying at the helm of corporate governance, the company is ready to navigate the opportunities and challenges that lie ahead. The board's gratitude towards Chiu Nam Ying for her contributions underscores the importance of leadership in steering a company through turbulent times. As the gaming and tourism landscapes evolve, Success Universe Group remains a pivotal player in Macau's recovery narrative, promising a brighter future for all stakeholders involved.

The gaming world is watching closely as Macau reclaims its status as a global gaming hub. With seasoned professionals like Cua Fong Ying leading the charge, Success Universe Group is set to play a crucial role in this exciting new chapter.