Deborah Ho Chiu Hung

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  • Deborah Ho, a daughter of the tycoon’s deceased first wife Clementina Leitao, triggered a legal action in the High Court last Tuesday by asking her elder sister, Angela Ho Chiu-yin, who is the.

Late gaming tycoon Stanley Ho Hung-sun’s eldest surviving child has joined her siblings in filing a court notice in Hong Kong to register her interest in their late father’s estate, two months.

Ms Maisy Ho Chiu Ha is the Executive Director of Shun Tak Holdings Limited, a conglomerate listed in Hong Kong with core businesses in property, transportation, hospitality and investments.

Ms Ho holds a BA in Telecommunications and a BA in Psychology from Pepperdine University, USA.

With her firm belief that preparing for the future begins with nurturing the younger generation today, Ms Ho is dedicated to promoting youth development through collaboration with academic institutions, non-profit organisations and NGOs. As Honorary Chairman of the Hong Kong Future Star Federation of Students since 2010, she promotes youth exchange activities between Mainland China and Hong Kong to broaden teenagers’ horizons and help them build a positive attitude towards life.

At HKU, Ms Ho continues her family’s distinguished philanthropic tradition of supporting the University’s endeavours through the Shun Tak Holdings - Dr Stanley Ho Hung Sun Foundation, which sponsored the ‘Hong Kong Summit of Global Health Leaders’ in 2017, the signature academic event of the Li Ka Shing Faculty of Medicine’s 130th anniversary celebrations.

Ms Ho currently serves as a Member of the Board of Trustees at New Asia College of the Chinese University of Hong Kong, and a Council Member of the Hong Kong Academy for Performing Arts.

Hung

She has served as a Member and Chairman of the Board of the Tung Wah Group of Hospitals, during which she spearheaded initiative after initiative to contribute to social good including helping the disadvantaged in Hong Kong. She also pledges her support for civic responsibilities, and serves as a Member of the Equal Opportunities Commission, and of the Committee on the Promotion of Civic Education.

Ms Ho was awarded a Bronze Bauhinia Star in 2016.

© SCMP Deborah Ho, daughter of late tycoon Stanley Ho, is surrounded by the media. Photo: Edward Wong

A rift in the first family of late gaming tycoon Stanley Ho Hung-sun deepened on Tuesday after his eldest surviving child distanced herself from her sister following legal action by the latter to register interest in their father's estate in Hong Kong.

In a statement issued through her lawyers, Angela Ho Chiu-yin said she and the rest of the first family did not support the caveat filed on June 5 by younger sister Deborah Ho, which she described as 'completely irresponsible and inappropriate'.

The said caveat demanded that Deborah Ho's lawyers be notified before the Probate Registry of the High Court in Hong Kong seals the official grant, which would name the administrator entitled to deal with the estate.

© Provided by South China Morning Post Casino tycoon Stanley Ho died on May 26, 2020, at the age of 98. Photo: AFP

'Neither (Angela) nor any of the first family supports the recent action by Deborah, her sister, in the filing of a caveat,' the statement from the elder Ho read.

'Angela and the first family consider such filing to be completely irresponsible and inappropriate during this sensitive period and wishes to publicly distance herself from the actions of her sister.'

Angela Ho's lawyer, Gordon Oldham, said she had no plans to file a similar notice at this stage and added that the family was not informed Deborah Ho would take such action. Oldham said he believed there was no urgency over the matter as probates took months, if not years in Hong Kong.

'It came out of the blue in a matter of days after Stanley Ho died,' Oldham told the Post.

The family has yet to settle on a date for Ho's funeral.

The tycoon died on May 26, 2020 at the age of 98, survived by three wives and 14 of his 16 children, and leaving behind his legacy of having transformed Macau into the world's biggest casino hub.

The Hong Kong-Macau business magnate had co-founded SJM Holdings, which owns 19 casinos in Macau including the Grand Lisboa.

One of Asia's richest men for decades, Ho's personal fortune was estimated at HK$50 billion (US$6.4 billion) when he retired in 2018 just months before his 97th birthday.

Both Angela and Deborah Ho are children from his first marriage with Clementina Angela Leitao, also known as Tininha, who died in 2004.

Chiu

The family rift surfaced last month when Deborah Ho sued Angela Ho and demanded that her elder sister provide lawyers with the deeds and documents related to The Clementina Ho Trust and The Stanley and Clementina Family Trust.

The legal move prompted Angela Ho, who is the trustee in both cases, to issue a statement, saying it was unfortunate her sister had issued proceedings against her to obtain the documents.

Deborah Ho Chiu Hung Young

'I am very sad and dismayed that all the family members have been dragged into this matter due to Deborah's unnecessary and disruptive actions,' Angela said.

This article originally appeared on the South China Morning Post (www.scmp.com), the leading news media reporting on China and Asia.

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