22 Jun '11, 6am

HK tycoon hands out $1,580 bonus to each of his 1,500 employees after the birth of his 6th grandchild

HK tycoon hands out $1,580 bonus to each of his 1,500 employees after the birth of his 6th grandchild

(From left) Martin Lee, his billionaire father Lee Shau Kee and his bride Cathy Chui. Lee Shau Kee will hand out HK$10,000 to each of his 1,500 employees after his actress daughter-in-law Cathy Chui gave birth to his sixth grandchild. -- PHOTO: ORIENTAL DAILY NEWS HONG KONG - ONE of Hong Kong's richest property tycoons will hand out a bonus worth US$2 million (S$2.5 million) to his 1,500 staff after his actress daughter-in-law gave birth to his sixth grandchild, his firm said on Wednesday. Lee Shau kee, chairman of the leading property group Henderson Land Development, announced the windfall of HK$10,000 (S$1,580) for employees to celebrate the baby boy who was born last week, said spokesman Bonnie Ngan. 'We will receive the money at the end of this month,' a cheerful Ms Ngan told AFP. The 83-year-old Mr Lee, ranked 28th on the Forbes' list of billionaires and estimated to...

Full article: http://www.straitstimes.com/BreakingNews/Asia/Story/STISt...

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