The 5th Golden Bauhinia Women Entrepreneur Awards

Honoring 27 Outstanding Women Leaders Across 7 Categories Who Spread Positive Energy to Society with Love and Care

HONG KONG, Nov. 11, 2024 /PRNewswire/ -- To recognize female entrepreneurs with an entrepreneurial spirit, outstanding performance, and significant achievements, the Golden Bauhinia Women Entrepreneur Association is proudly holding the 5th "Golden Bauhinia Women Entrepreneur Awards." The event aims to encourage women in the workplace who demonstrate both moral integrity and professional excellence to become role models for personal growth and social responsibility. This initiative seeks to promote more female entrepreneurship and enhance the business community's focus on women entrepreneurs. The awards ceremony took place on October 29^th at The Regent Hong Kong Hotel, celebrating the honorable moments of 27 remarkable awardees.

The awards ceremony held on the evening of October 29^th was graced by several distinguished guests, including:

Ms. Kelly Tsim, President of the Golden Bauhinia Women Entrepreneur Association, stated:

"Since its establishment in 2016, the Golden Bauhinia Women Entrepreneur Awards has been encouraging outstanding female entrepreneurs in the Greater China region and recognizing their entrepreneurial spirit. To date, 73 exceptional women with remarkable performances and outstanding achievements have been honored. We call upon more women to spread positive energy to society with love and care and contribute to enhancing Hong Kong's business environment."

Ms. Priscilla Hui, Vice Executive Chairman of the Golden Bauhinia Women Entrepreneur Association, and Convenor of 5th Golden Bauhinia Women Entrepreneur Awards, added:

"Through the success stories of our award-winning female entrepreneurs, we aim to inspire more women to embark on entrepreneurial journeys. We look forward to the awardees learning from one another, encouraging each other, and contributing to the development of women's careers."

The 5^th Golden Bauhinia Women Entrepreneur Awards comprises seven major categories:

The awards are evaluated based on four key aspects:

This year, seven professional judges from diverse fields were invited to serve on the judging panel, including:

The 5^th Golden Bauhinia Women Entrepreneur Awards received support from numerous assisting organizations, including:

Through this event, the association aims to further enhance the influence of female entrepreneurs in the business world.

About Golden Bauhinia Women Entrepreneur Association

The Golden Bauhinia Female Entrepreneur Association Golden Bauhinia Women Entrepreneur Association (GBWEA) was among the first cohort of trade organizations in Hong Kong that aim at bringing together business women from diverse occupations. Founding members were women entrepreneurs and women senior executives actively engaged in local industries, businesses, professional and service sectors, who care for the business environment in Hong Kong, their own career development, and the exploration of further opportunities within Greater China. GBWEA is committed in helping members build business networks and develop business platforms both within Hong Kong and in the Greater China region. We are also keen on becoming a bridge of communication between various departments of the HKSAR government and the business sector. By hosting various events, GBWEA keeps members abreast of the current business environment and latest government policies in Hong Kong, while collecting feedback on policies related to the economy, businesses and SMEs.

Appendix: Winner's biography

1.    Business Excellence Award: This award recognizes women who have made outstanding contributions in leadership positions within their companies for over three years.

Ms. Cherry Kwan Cheuk Yu

Co-Founder and Managing Director

Just Climb Management Limited

Founder of Hong Kong's first indoor climbing gym. Through her passion for climbing, Ms. Kwan provides a platform for local youth to discover self-worth and build confidence. As a mother and educator, she inspires young people through sports, fostering resilience and significantly contributing to personal growth and community development.

Ms. Denise Lau Kwai Ching

Executive Director and Chief Operation Officer

OrbusNeich Medical Group Holdings Limited

As Executive Director and Chief Operating Officer of OrbusNeich Medical Group Holdings Limited since 2018, Ms. Lau has driven systemic innovations, achieving remarkable business growth and market expansion. She successfully led the company to go public and enhanced brand influence through multiple investor roadshows.

Ms. Angela Lee

Founder and Chief Medical Executive

The Skin Oracle

Founder of The Skin Oracle. As an honorary clinical mentor in Family Medicine and Primary Care at the University of Hong Kong, Ms. Lee focuses on dermatology and medical aesthetics, striving to elevate industry standards and ethical practices. She promotes international trust and regulation in the medical aesthetics industry, providing high-quality medical services to patients.

Ms. Jennifer Ma

Group Chief Strategy Officer

CTF Education Group

Ms. Ma is the Chief Strategy Officer of CTF Education Group. Transitioning from investment banking to the education sector, Ms. Ma bridges the gap between education and practical societal needs. She promotes critical thinking and independent learning, successfully implementing the "Micro University" educational system in the Greater Bay Area, laying a solid foundation for future talent development.

Ms. Zoe Tse Ho Yee

Managing Partner

ZM Lawyers

Managing Partner of ZM Lawyers specializing in comprehensive legal services. Ms. Tse focuses on understanding international trends, assisting clients in risk management, and actively promoting the green economy by helping companies issue green bonds and expand into the electric vehicle market. As a female leader, she advocates for work-life balance and encourages her team to pursue professional excellence, contributing to societal progress.

Ms. Tammy Wu Dan

Executive Director

Upper East Holdings Limited / Lady M (Hong Kong) Limited

As a director of Lady M, Ms. Wu has navigated a decade of entrepreneurial challenges. Amidst the pandemic and economic fluctuations, she has led the brand to maintain high-quality standards using premium ingredients and has launched high-quality food products. She supports vegetarian and local community businesses, significantly contributing to community welfare and demonstrating her social responsibility as a business leader.

Ms. Kellyn Zhou Lin Hua

CEO

KKLUE Group (HK) Limited

CEO of KKLUE Jewellery. Through innovative brand positioning and marketing strategies, she elevates jewelry design to an art form. Driven by the #WeShineTogether mission, Ms. Zhou inspires women globally to explore their potential. She is committed to social responsibility, promoting environmental cooperation, and positively impacting the Greater Bay Area, showcasing the visionary and charitable spirit of a corporate leader.

2.    Arts & Cultural Achievement Award: This award recognizes women who have demonstrated creativity and achieved remarkable accomplishments in the arts sector

Ms. May Yeung

Director

Art of MY Family Limited

Director and Founder of Art of MY Family Limited. Ms. Yeung dedicates herself to using art to heal and promote art education within the community. She provides community art workshops for disadvantaged groups, fostering creativity and nurturing the next generation. Her efforts in transmitting love and hope through art have significantly contributed to the development of Hong Kong's art and culture, with her works showcased on international stages, highlighting local artistic flair.

Ms. Siy Tak Yin

Founder and Creative Director

Artspirit Creative Company Limited

Founder of Artspirit Creative Company Ltd. Ms. Siy inherits her parents' resilient spirit and blends creative brand design with cultural activities. She launched the "Beebipeacec" brand, promoting cultural exchange. Ms. Siy is dedicated to philanthropy, nurturing young artistic talent, injecting positive energy into society, and her artistic achievements are highly acclaimed.

Ms. Melissa Fok Shi Wai

Founder and Director

No. THIRTY THREE

Founder of No.THIRTY THREE. Ms. Fok focuses on designing jewelry for modern women, emphasizing independence and confidence. Her products are known for their minimalist and classic designs, easy to match, showcasing meticulous craftsmanship and the multifaceted nature of women. She strives to enhance the international image of Chinese design, injecting innovation into contemporary jewelry design, and promoting Chinese brand design globally.

3.    Power of Next Generation Award: This award recognizes women dedicated to promoting family business culture

Ms. Amy Chow

Vice President

Gordon C Holdings Corporation

Vice President with over 20 years of experience in the watch industry. She not only drives the development of the family business but also actively participates in public affairs, promoting industry innovation and training the next generation of talent.

Ms. Yvonne Kam

Chief Financial Officer

Yung Kee Restaurant Group Ltd

CFO of Yung Kee Restaurant Group, embodying over eighty years of family business spirit. Ms. Kam preserves the essence of traditional Cantonese cuisine while daring to innovate by launching Yung's Bistro. She actively fulfills corporate social responsibility, cares for the disadvantaged, and makes outstanding contributions to promoting Cantonese culinary culture and social welfare.

Ms. Cecilia Leung

Executive Director

Kai Hing Metal Products Factory Company Limited

Heir of Kai Hing Metal Products Factory Co. Limited. In 2011, she left her career as a pharmacist to return to the family business, taking on the responsibility of heritage and innovation. Together with her family, she drives the company's development and actively fulfills social responsibilities, contributing to commercial and cultural development, and benefiting the community and the nation.

Dr. Lesley Mak

Director

Mak Man Kee Noodle Shop Ltd

Second-generation leader of Mak Man Kee Noodle Shop Ltd. Adhering to the philosophy of "Taking from society, giving back to society," she actively participates in charity, collaborating closely with Tung Wah Group of Hospitals and Po Leung Kuk for over thirty years. Dr. Mak is dedicated to promoting business heritage and social responsibility, providing learning and growth opportunities for the younger generation, and continuing to uphold the spirit of the family business.

Ms. Mai Mai Ng

Director

Zhangzhou Weiyi Chemical Fiber Co. Ltd

Director of Zhangzhou Weiyi Chemical Fiber Co. Ltd, with rich experience and outstanding achievements in the textile industry. Over more than a decade, Ms. Ng has pioneered innovations in a traditionally male-dominated industry, setting an example for women. Facing industry challenges, she has led her company to steady growth through deep professional knowledge and a spirit of innovation.

4.    Philanthropy Award: This award recognizes women who have made exceptional contributions in the field of charity.

Ms. Wendy Law Wing Yee

(Vice-Chairman of Yan Chai Hospital, Vice Chairman of Centum Charitas Foundation)

Upholds family charity traditions, dedicated to serving disadvantaged communities. Ms. Law embraces the motto "Keep Up with the Times," striving for excellence not only in business but also in charitable endeavors. Through education, healthcare, and various fields, she provides substantial assistance to beneficiaries, significantly contributing to the prosperity of Hong Kong society.

Ms. Vikky Tam

Founder and Chairman

Paint Beautiful Hong Kong

Founder of "Paint Beautiful HK." Committed to enhancing community charm through mural art and increasing citizens' love for Hong Kong. Her projects have created 30 murals, engaging 2,500 volunteers and promoting social harmony. Ms. Tam's contributions in art and charity have profoundly impacted Hong Kong's cultural and community development.

Dr. Anita Tang Fung Yin

Deputy General Manager

Henderson Property Agency Limited

With a strong design background, Dr. Tang actively engages in charity, serving as the Chief Commissioner of Hong Kong Girl Guides Charity Fund. She organized the Charity Concert for Sichuan, making significant contributions to fostering charity awareness and social responsibility among the next generation through education and community service.

Ms. Yip Yu Kwan

Managing Director

First Priority Group Limited

Managing Director of First Priority Group Limited, committed to logistics and real estate development for over twenty years, promoting Greater Bay Area business growth. She embodies the philosophy of service and giving back, actively engaging in philanthropy and practicing corporate social responsibility through tangible actions, making outstanding contributions to charitable causes.

5.    Leading Pioneer ESG Award: This award recognizes companies that excel in social, environmental, and economic sustainability

Ms. Carrie Cheng Wai Yee

Marketing Director

Tomi Fuji EMC Limited

A pioneer in the energy management sector, Ms. Cheng has spearheaded the company's transformation since 2000, focusing on energy-saving and carbon reduction projects. She introduced advanced international technologies to provide one-stop environmental solutions for listed companies, schools, and governments. Ms. Cheng is committed to promoting renewable energy and ESG projects, making significant contributions to sustainable social and environmental development through continuous innovation and collaboration.

Ms. Ceicy Wong Wing Sze

Managing Director

Vegware Hong Kong Limited

Executive Director at Vegware HK Ltd since 2015, Ms. Wong has introduced the Vegware brand, dedicated to promoting biodegradable packaging and leading efforts to reduce plastic pollution in the corporate, catering, and government sectors. She actively advocates for green alternatives and waste reduction, making significant contributions to environmental protection and educating the next generation. Ms. Wong is a pioneer in the ESG field, driving sustainable economic development.

6.    Technology Innovation Award: This award recognizes women who have achieved outstanding accomplishments in the field of technological innovation.

Mrs. Yvonne Chong So

CEO and Founder

ILK Learning Limited

Founder of ILK Learning Limited. Driven by maternal love, she is dedicated to creating an equal education platform. Mrs. Chong promotes the integration of technology and education, providing quality learning opportunities for children, fostering curiosity, and nurturing future talents. Her vision and efforts have profoundly impacted educational innovation, making exceptional contributions to global educational equality.

Mrs. Rita Lee Pang Yat Sum

Founder

Echo Cubes Limited and Seechange Education

Founder of Echo Cubes, Mrs. Lee is committed to driving educational innovation through technology, providing personalized English learning for students from diverse backgrounds. Utilizing AI-driven courses, she helps students build confidence, enhance language skills, and promote educational equality, contributing to the development of future leaders.

7.    Start Up Z35 Award: This award is specifically established for female entrepreneurs under the age of 35

Ms. Mable Chan

Director

Carbon Linking Limited

Founder of "Carbon Linking", Ms. Chan is dedicated to integrating sustainable development principles into education. Through gamified learning, she imparts green skills to future societal leaders, encouraging youth to address climate crises and contribute to carbon neutrality goals, demonstrating a profound commitment to environmental education and social responsibility.

Ms. Cheng Ka Ki

Director

C&K Jewellery Limited

Director of C&K Jewellery Ltd, Ms. Cheng has received multiple accolades in the jewelry design field. She transforms personal passion into a sustainable artistic enterprise, leading her team to continually innovate in pearl and jewelry design, incorporating cultural stories into her works. Ms. Cheng aims to inject new ideas into the jewelry market, striving to expand into international markets and achieve breakthroughs for her high-end jewelry brand

Ms. Christine Lau

Chief Executive Officer

Lauris Walton International Limited

Founder and CEO of Lauris Walton International Limited, Ms. Lau employs a "business + talent" empowerment model to provide high-quality human resources services. With innovative thinking and technology, she supports the mutual growth of businesses and talents, actively fulfilling social responsibilities, setting an example for young entrepreneurs, and promoting industry innovation and development.

Dr. Quinncy Lee

CEO

Apex Medical Group Limited

Co-founder of Apex Medical Group Limited in 2020, Dr. Lee utilizes her expertise in biotechnology to develop COVID-19 PCR testing. She continuously expands service offerings by launching mobile laboratories, dedicating herself to research on vascular diseases and Alzheimer's risk models, and achieving breakthroughs in siRNA drug delivery. Dr. Lee makes significant contributions to preventive medicine and precision therapy.

For Media Inquiry:

Market Hubs Holdings Limited

Lierence Li

Debbie So

+852 3998-4900

+852 3998-4900

lierence@markethubsgroup.com

debbie@markethubsgroup.com

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

The 5th Golden Bauhinia Women Entrepreneur Awards

SINGAPORE, Nov. 14, 2024 /PRNewswire/ -- Golden Agri-Resources Ltd ("GAR" or the "Company") recorded an 8% growth in revenue for the nine months ending September 2024, reaching almost US$7.9 billion. Weaker plantation output caused by the ongoing effects of 2023's El Niño conditions was mitigated by slightly higher crude palm oil (CPO) prices and expanded sales volumes during this period.

EBITDA rose by 3% year-on-year to US$758 million, preserving a healthy margin of 9.6%. Meanwhile, underlying profit and net profit for the period decreased to US$279 million and US$220 million respectively. This was driven by increased financial expenses, in line with a higher interest rate environment, and greater income tax expenses attributed to several subsidiaries operating in higher income tax countries. 

GAR's financial position remained strong with a low gearing ratio of 0.61 times and net debt to EBITDA of 0.53 times.

On the outlook, Mr Franky O. Widjaja, GAR Chairman and Chief Executive Officer, commented: "The impact of the El Niño phenomenon in the second half of 2023 on Indonesia's palm oil output this year is worse than initially estimated by the industry. Sunflower oil and rapeseed oil production have also been disrupted by some crop losses due to unfavourable weather conditions. The recent increase in production of soybean oil has alleviated the tightness in global rapeseed and sunflower oil supply, although prices remain elevated. The market anticipates a seasonally low production period for palm oil in the first half of next year, while Indonesia is planning for the implementation of an increased B40 biodiesel blending mandate."

Mr. Widjaja added: "Unpredictable weather conditions in key producing countries and escalating geopolitical tensions remain critical factors likely to support vegetable oil prices. Nevertheless, the possibility of demand rationing, especially in price-sensitive markets, amidst the current high prices is an important factor to monitor." 

OPERATIONAL HIGHLIGHTS

As of 30 September 2024, GAR's planted area was almost 534,000 hectares, of which 486,000 hectares were mature. Nucleus and plasma estates made up 417,000 and 117,000 hectares of this area respectively.

Fruit yield for the period decreased year-on-year from 14.4 tonnes per hectare in 2023 to 12.8 tonnes per hectare, as a result of land preparation for replanting and the impact of El Niño conditions in late 2023. While palm product output remains below last year's levels, it has recovered consistently each quarter and GAR expects the peak crop season to shift to the fourth quarter this year.

Elsewhere, sales volume in GAR's downstream business expanded by 8% during the nine months of 2024, demonstrating the efficacy of the Company's integrated business model and focus on pursuing higher value-added products.

ONGOING INVESTMENT IN SUSTAINABILITY

GAR can trace 100% of the palm produced on its estates to plantation level. As of the third quarter of 2024, the company has extended Traceability to the Plantation (TTP) to 99% of its total palm oil supply chain in Indonesia, including independent smallholder farmers. GAR continues to provide capacity building and training to ensure smallholders, who make up around 40% of the country's production, are not left out of traceable, sustainable supply chains.

The Company has built on this foundation to extend traceability to its global supply chains for palm and other commodities. GAR can now trace 100% of its soy, sugar, and coconut and 50% of sunflower oil supplies to mill level. This commitment to traceability across its supply chains is fundamental to ensure GAR can meet growing customer and regulatory demands. The Company will continue to prioritise EU Deforestation-free Regulation (EUDR) readiness and is working closely with customers on compliance despite the potential delay to implementation.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Growth in Value-Added Downstream Sector Counters El Niño Impacts for Golden Agri

Growth in Value-Added Downstream Sector Counters El Niño Impacts for Golden Agri