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Hui Wing Mau, Chairman of Shimao Group

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Mr. Hui Wing Mau is the Chairman and Executive Director of Shimao Group. He holds a number of social functions, including CPPCC Economic Committee’s Deputy Director, Vice Chairman of China Federation of Returned Overseas, Chinese Chamber of Commerce Investment Enterprises Association’s Executive Vice President, United World Chinese Entrepreneurs Association’s President, Hong Kong’s New Home Association’s President, Honorary Chairman of the Global Fanducutong Assembly, China Red Ribbon Foundation’s Executive Director, President of the Shanghai Chamber of Commerce etc.

In the late 1980s, as a patriotic Chinese, Mr. Hui responded positively to China’s reform and returned home to set up factories. He has invested in many labor-intensive industries including garment factories, plastic factories, textile mills etc. to cater for the demand at that time and contributed immensely to China’s economic development.

With the incessant urbanization process, China’s economic development accelerated continuously and the property market experienced explosive development. At that time, Mr. Hui seized the trend of the country’s development and switched full-gear to real estate development. The earliest focus was in Beijing. Then in 2000, the government pushed forward the development of Shanghai Pudong. Construction activities there were robust then, but the property market was relatively falling behind. Mr. Hui echoed the government’s strategy and shifted his business focus from Beijing to Shanghai, against the voices of many. He built the first luxury residential project with a riviera model on the coast of Huangpu River in Pudong, contributing massively to the resettlement of Pudong and improvement of people’s life qualities.

Over the past twenty years, Shimao Group has expanded its land reserve by following China’s development footsteps and policy. Under the leadership of Mr. Hui, Shimao Group has become an international, integrated investment group covering ecological residential, commercial operations, diversified hotel industry, tourism, health, theme parks and other business areas. He owns two listed companies, namely Shimao Property (0813.HK) and Shanghai Shimao (600823.CH). With over 26 years’ of experience in property development, property investment and hotel operation, he is mainly responsible for the Group’s overall strategic planning and business management. Because of his achievements, Mr. Hui has won the award “Ernst & Young Entrepreneur of the Year”, which is known as the Oscar for entrepreneur.

Shimao’s land bank covers nearly 60 cities in the country, with more than 120 large-scale development projects at different phases. These cities include Shanghai, Beijing, Harbin, Wuhan, Nanjing, Fuzhou, Kunshan, Changshu, Shaoxing, Wuhu, Yantai, Shenyang, Suzhou, Xuzhou, Hangzhou, Mudanjiang, Dalian, Ningbo, Qingdao, Xiamen, Changsha, Guangzhou, Tianjin, Chengdu, Nanchang, Wuxi, Huizhou, Jinjiang, Hainan Wenchang, Jinan, Changchun, Nontong, Shishi, Minhou, Zhang Jia Gang, Chongqing, Yinchuan, Jiangyin, Shenzhen, Hong Kong etc. The Group’s highly-acclaimed projects have been well received by property buyers and investors both within the PRC and internationally, and have been accredited numerous awards. Shimao Property concluded its 20 years of development in the property market in China and had completed the corporate restructuring of injecting commercial assets to Shanghai Shimao Co. Ltd. (“A Share Company”, SSE stock code: 600823) in 2009. The success of entering into the A share market represents an important milestone for the development of the Group.

Shimao’s investment property and hotel portfolio comprises many high-quality properties including, among others, Le Royal Me ́ridien Shanghai and its retail podium, Shanghai Shimao International Plaza, Hyatt on the Bund Shanghai, Le Me ́ridien Sheshan Shanghai, Beijing Shimao Tower, Shaoxing Shimao Holiday Inn, Hilton Nanjing Riverside, DoubleTree by Hilton Hotel Wuhu, Intercontinental Fuzhou, Crowne Plaza Shaoxing, Hilton Wuhan Riverside, Conrad Xiamen etc.

Going forward, Shimao Group will invest more into both upstream and downstream industries of real estate. Mr. Hui aspires not only to provide housing needs to citizens, but also contribute to the city’s infrastructure and improve living standards for people. Mr. Hui is not only a businessman, but also a contributor to the society, since he believes that a corporate’s success originates from the country and its citizens.

In addition, Mr. Hui always makes contributions to the community. He has set up four public charity funds, and funded a lot of high school fare subsidy projects. Whenever China suffered a major disaster, he would take the initiative to assist financially. For example, he donated RMB100 million for the Wenchuan earthquake in 2008 to build over 100 “Shimao Rural Charitable Hospitals”. In May 2010, Mr. Hui led several entrepreneurs and founded a non-profit charitable organization “New Home Association” in Hong Kong. The organization provides care for the new Mainland immigrants in Hong Kong regarding their living, education, training, and work etc.

Mr. Hui’s charitable acts received wide social recognition. Awards conferred to him include “Hong Kong Gold Bauhinia Star”, “Justice of the Peace”, “Shanghai Magnolia Gold Award”, “Love China — the First Chinese Charity Figures”, “Ernst & Young Entrepreneur of the Year”, “Asia Pacific’s Most Creative Chinese Entrepreneurial Leader”, “Asia Pacific’s Most Socially Responsible Chinese Entrepreneurial Leader”, “China Charity Special Contribution Award” from the Ministry of Civil Affairs of the People’s Republic of China, “China’s Top Philanthropist in 2014”, “China’s Charitable Leader in 2015”, “China’s Charity Lifetime Achievement Award in 2016” etc.

 

Callum Connects

Marek Danyluk, CEO of Space Ventures

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Marek Danyluk has a talent for assessing the competencies of management teams for other businesses and pulling together exceptional teams for his own businesses!

What’s your story?
I am the CEO of a venture capital business, Space Ventures, which invests in seed and pre-series A businesses. I also own and run Space Executive, a recruitment business focused on senior to executive hires across sales, marketing, finance, legal and change.

My career started as a trainee underwriter in the Lloyds market but quickly moved into recruitment where I set-up my first business in 2002. The business grew to around 100 people. I moved to Asia in 2009 as a board member of a multinational recruitment business with the mandate to help them scale their Asian entities, which helped contribute to their sale this year, in 2017.

My main talent is assessing the competencies of management teams as well as building high performing recruitment boutiques and putting together exceptional management teams for my own businesses.

What excites you most about your industry?
Building the business is very much about attracting the best talent and being able to build a culture which people find invigorating and unique. It’s an exciting proposition to be able to define a culture in that regard and salespeople are a fun bunch, so when you get it right it’s tremendous.

From a VC point of view there is just so much happening. South East Asia is a melting pot of innovation so the ideas and quality of people you have exposure to, is truly phenomenal. The exposure in the VC has taken me away from a career in recruitment. Doing something completely different has given me a new level of focus.

What’s your connection to Asia?
Whilst I came here with work, both my boys were born in Singapore and to them this very much is home. That said, my father in law spent many years in the East so coming and settling here was met with a good degree of support and familiarity.


Favourite city in Asia for business and why?
Possibly Hong Kong. It’s the closest I’ve been to working in London. Whilst there are massive Asian influences people will work with you on the basis you are good at what you do and work hard. I find that approach very honest and straightforward.

What’s the best piece of advice you ever received?
“Always treat people well on the way up!”

Who inspires you?
I like reading about people who have excelled in business such as Jack Ma, James Kahn, Phil Knight, Sir Richard Branson, Elon Musk, all have great stories to tell and they are all inspirational. No-one has inspired me more than my parents and they are well aware as to why…

What have you just learnt recently that blew you away?
Pretty much any technology innovation blows me away.

If you had your time again, what would you do differently?
Whilst it is important not to have regrets I do continually wake up thinking I’m still doing my A’ Levels. So, I’d have probably tried a little harder in 6th form.

How do you unwind?
I like the odd glass of red wine and watching sport

Favourite Asian destination for relaxation? Why?
Japan skiing. I love skiing and Japanese food and it’s a time when I can really enjoy time with the wife and kids. I recently tried the Margaret River which was divine, although not technically Asia.

Everyone in business should read this book:
Barbarians at the Gate

Shameless plug for your business:
Space Executive is the fastest growing recruitment business in Singapore focused on the mid to senior market across legal, compliance, finance, sales and marketing and change and transformation. Multi-award winning with exceptional growth plans into Hong Kong and London this year, and the US, Japan and Europe by the end of 2022. We are building a truly global brand.

Space Ventures is interested in any businesses that require capital or management and financial guidance or any or all of the above. We have, to date, invested in on-line training, food and beverages, peer to peer lending platforms, credit scoring as well as other tech and fintech start-ups. We are always interested in hearing about potential deals.

How can people connect with you?
[email protected]

Twitter handle?
@Spaceexecutive

This interview is part of the ‘Callum Connect’ series of more than 500 interviews

Callum Laing is an entrepreneur and investor based in Singapore. He has previously started, built and sold half a dozen businesses and is now a Partner at Unity-Group Private Equity and Co-Founder of The Marketing Group PLC. He is the author two best selling books ‘Progressive Partnerships’ and ‘Agglomerate’.

Connect with Callum here:
twitter.com/laingcallum
linkedin.com/in/callumlaing
Download free copies of his books here: www.callumlaing.com

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Callum Connects

Malcolm Tan, Founder of Gravitas Holdings

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Malcolm Tan is an ICO/ITO and Cryptocurrency advisor. He sees this new era as similar to when the internet launched.

What’s your story?
I’m a lawyer entrepreneur who owns multiple businesses, and who is now stepping into the Initial Coin Offering/Initial Token Offering/Cryptocurrency space to be a thought leader, writer (How to ICO/ITO in Singapore – A Regulatory and Compliance Viewpoint on Initial Coin Offering and Initial Token Offering in Singapore), and advisor through Gravitas Holdings – an ICO Advisory company. We are also running our own ICO campaign called AEXON, and advising 2 other ICO’s on their projects.

What excites you most about your industry?
It is the start of a whole new paradigm, and it is like being at the start of the internet era all over again. We have a chance to influence and shape the industry over the next decade and beyond and lead the paradigm shift.

What’s your connection to Asia?
I’m Singaporean and most of my business revolves around the ASEAN region. Our new ICO advisory company specialises in Singaporean ICO’s and we are now building partnerships around the region as well. One of the core business offerings of our AEXON ICO/ITO is to open up co-working spaces around the region, with a target to open 25 outlets, and perhaps more thereafter.

Favourite city in Asia for business and why?
Singapore, since it is my hometown and most of my business contacts originate from or are located in Singapore. It is also a very open and easy place to do business.

What’s the best piece of advice you ever received?
Be careful of your clients – sometimes they can be your worst enemies. This is very true and you have to always be careful about whom you deal with. The closest people are the ones that you trust and sometimes they have other agendas or simply don’t tell you the truth or whole story and that can easily put one in a very disadvantageous position.

Who inspires you?
Leonardo Da Vinci as a polymath and genius and leader in many fields, and in today’s world, Elon Musk for being a polymath and risk taker and energetic business leader.

What have you just learnt recently that blew you away?
Early stage bitcoin investors would have made 1,000,000 times profit if they had held onto their bitcoins from the start to today – in the short space of 7 years.

If you had your time again, what would you do differently?
Seek out good partnerships and networks from day one, and use the power of the group to grow and do things together, instead of being bogged down by operations and going it alone from start.

How do you unwind?
I hardly have any time for relaxation right now. I used to have very intense hobbies, chess when I was younger, bridge, bowling, some online real time strategy games and poker. All mentally stimulating games and requiring focus – I did all these at competitive levels and participated in national and international tournaments, winning multiple trophies, medals and awards in most of these fields.

Favourite Asian destination for relaxation? Why?
Phuket – nature, resort life, beaches, good food and a vibrant crowd.

Everyone in business should read this book:
Rich Dad Poor Dad by Richard Kiyosaki

Shameless plug for your business:
Gravitas Holdings (Pte) Limited is the premier ICO Advisory company and we can do a full service for entrepreneurs, including legal and compliance, smart contracts and token creation, marketing and PR, and business advisory and white paper writing/planning.

How can people connect with you?
Write emails to [email protected], or [email protected]

Twitter handle?
@malcolmABM

This interview is part of the ‘Callum Connect’ series of more than 500 interviews

Callum Laing is an entrepreneur and investor based in Singapore. He has previously started, built and sold half a dozen businesses and is now a Partner at Unity-Group Private Equity and Co-Founder of The Marketing Group PLC. He is the author two best selling books ‘Progressive Partnerships’ and ‘Agglomerate’.

Connect with Callum here:
twitter.com/laingcallum
linkedin.com/in/callumlaing
Download free copies of his books here: www.callumlaing.com

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