Stephen Hung, hitherto the high-profile prime mover behind the troubled The 13 hotel in Coloane has resigned as joint chairman and executive director of The 13 Holdings Limited, according to a statement by the company to the Hong Kong Stock Exchange last week.
The statement said that Hung ceased to be a member of the nomination committee and finance and investment committee of the company, as well as chairman of its executive committee, with effect from Thursday last week.
The statement said that Hung “has confirmed to the board [of directors] that he has no disagreement with the board…,” the statement said.
Buses are parked in front of The 13 hotel in Seac Pai Van in Coloane last November. Photo: Monica Leong
