Often Partisan

BIH Name Victor Ma Shui-Cheong as CEO and MD

Birmingham International Holdings have today confirmed that Victor Ma Shui-Cheong has been appointed as Chief Executive Officer and Managing Director of the company, effective today.

The announcement confirms that Ma, who was already Vice-Chairman and Executive Director of BIH will combine those roles with the roles of CEO and MD following Peter Pannu’s sacking in December 2014. Victor Ma is also Vice-Chairman and Managing Director of Sing Pao Media Enterprises Ltd – which also lists Carson Yeung as its largest shareholder.

While Ma is Carson’s brother-in-law, it should be noted that he was one of three directors that Carson demanded the removal of two weeks ago in a letter to BIH requesting an EGM. The appointment of Ma is another kick in the teeth for Carson as it directly goes against his wishes and will no doubt leave Pannu annoyed also. Ma and Pannu have been opposite sides of the BIH board split for some time and Ma’s appointment to Pannu’s old job will undoubtedly leave a bitter taste in Pannu’s mouth.

As news goes I think it’s slightly more positive than negative; but only slightly. It does mean that Pannu’s power and influence over BIH wanes a little more and it makes it harder for Carson to remove Victor – the HKSE are going to want a good reason from Carson as to why he wants the removal of the Chairman and the CEO/MD of the company should he call for an EGM again. From my sources in HK it does appear that Victor knows that the club must be sold and I hope that his appointment is BIH’s way of distancing themselves from the past excesses of Pannu which have returned to cause issues – particularly the problems with the BDO audit over his consultancy fee – and that distance will help convince the HKSE that BIH is slowly returning to the straight and narrow.

Tags: , , , ,

22 Responses to “BIH Name Victor Ma Shui-Cheong as CEO and MD”

  • Graham says:

    Wouldn’t Carson have had to vote on his appointment? I’m assuming not otherwise he’d have said no

  • Brian winters says:

    Don’t understand why they wouldn’t want to sell the club. every day they are making a loss ??

  • brummie65 says:

    “While Ma is Carson’s brother-in-law, it should be noted that he was one of three directors that Carson demanded the removal of two weeks ago in a letter to BIH requesting an EGM”

    Was this move by Carson deliberate? I mean was this a set of mind games, to pretend Carson aint running the club through his brother in law!! Now hes been appointed..no it cant be Carsons choice, can it. Get the meaning.

    brummie65

    • almajir says:

      No, it was deliberate, you do know people fall out, don’t you? Including families?

      • Brummie65 says:

        true, but if in Carsons case might not be, that’s what he might want us to think. That way he can still run club with his brother in law now in place. Just a thought. Keep the info coming Dan, good job fellow bluenose

        • almajir says:

          Trust me, it was a legitimate attempt by Carson to force him out. The simplest explanation is most often the correct one…

  • Tony E says:

    Wouldn’t you just love to be a fly on the wall at their family reunions, I bet they are wonderful times full of laughter. :-)

  • Mickey07 says:

    Finally the “turd” that is Peter pannu maybe starting to flush down the toilet….hope you feeling very annoyed tonight Pete…..up the blues…

    • Blue Lizard says:

      Don’t forget Mickey..he is a bugger to get rid of..Hit him with the Bog Brush !!(Cue the song ” Float on” by the Floaters)

  • Dave Mitch says:

    Anything that leaves a bad taste in Pannu’s mouth can only be a good thing. Cue HK brothel jokes..

  • rhees says:

    Thanks Dan
    I hope your right in MA knows the club needs selling has he said this at all.
    I like you think it is a little more possertive fingers crossed.
    3 points tonight will be good day

  • DoctorD says:

    This could be a significant tipping point in the balance of power. We may look back on 27 January 2015 as a significant day in years to come.

  • Darren astley says:

    anything that puts a spanner in the works of that odious cretin Peter panhead returning gets a casting vote from me kro dlnm

  • Oldbluenose says:

    Daniel;, Whilst people speculate on this being a turning point in a possible sale,?.

    BIH, have nothing else in their portfolio surely,?. — So how could they retain their HKSE, listing,?.

    I pray that there is a way, Of course.

  • graham says:

    if a director or investor loaned bihl 30million and they bought another company , than after that sold blues and they(bihl) pay the investor/director back., Simple ?

    • chris says:

      my thoughts a while back, but then it means you would have to trust BIHL and who would, plus i guess shareholders including the major ones would have to vote on the deal, so it may get thrown out by certain parties.
      Then there’s the legalities of such a deal which i know nothing about, but no doubt complicated.

  • Blue Lizard says:

    Anyone heard any more about Jeremy Wray or is that dead in the water now?

  • Art says:

    No I don’t believe Tom- statements like this increases his audience and I can’t think of many things he’s got right.

  • olden says:

    Ma & Pa sounds like a good old fashioned ding dong. possibility of a chink of light


Personalised Gifts for a Bluenose
Haircuts and League Cups
Open Tax Services
Corporate Solutions UK
PJ Planning
Rodal Heating

Archives

Weekly Newsletters