Solina Chau
Encyclopedia
Solina Chau Hoi Shuen (born ca. 1961) is a businesswoman in Hong Kong, a business partner in the Cheung Kong Group, and director of the Li Ka Shing Foundation. She is also a major stockholder in Tom.com, a publication and advertising company in the People's Republic of China.
, Hong Kong, where she sat the Hong Kong Certificate of Education Examination
in 1978. Upon her graduation, she went on to further study in Sydney, Australia.
and Cheung Kong Holdings in a series of transactions which netted her an estimated USD 11 million in cash even before the company began to trade.
In 2002, Chau invested RMB ¥
1 million into an interactive voice-recognition service provider, Beijing Leitingwuji Nework Technology Company Limited (北京雷霆无极网络科技有限公司). In September 2003, before the company was even profitable, she sold it to TOM Group
for the sum of USD132 million. Its subsidiary TOM Online
was then separately listed on the Growth Enterprise Market
of the Hong Kong Stock Exchange
in early 2004.
Chau remained a 9.998% shareholder in Tom Online until 12 March 2007, when Tom Group announced an offer for the outstanding shares in Tom Online, to take the company private. Chau also has a 24% stake in TOM Group prior to the announcement.
Biography
Chau attended the Diocesan Girls' SchoolDiocesan Girls' School
Diocesan Girls' School, founded in 1860, is one of the oldest Anglican girls' schools in Hong Kong. DGS is located at 1 Jordan Road in Kowloon, Hong Kong. It is administered under the Grant Code and uses English as the medium of instruction. It has always been ranked as the top secondary school in...
, Hong Kong, where she sat the Hong Kong Certificate of Education Examination
Hong Kong Certificate of Education Examination
The Hong Kong Certificate of Education Examination was a standardized examination between 1974 and 2011 after most local students’ five-year secondary education, conducted by the Hong Kong Examinations and Assessment Authority . The examination will be discontinued in 2012...
in 1978. Upon her graduation, she went on to further study in Sydney, Australia.
Business career
In 1997, Chau set up Tom as a Cayman Island registered limited company as a minority (40%) partner together with Hutchison WhampoaHutchison Whampoa
Hutchison Whampoa Limited or HWL of Hong Kong is a Fortune 500 company and one of the largest companies listed on the Hong Kong Stock Exchange. HWL is an international corporation with a diverse array of holdings which includes the world's biggest port and telecommunication operations in 14...
and Cheung Kong Holdings in a series of transactions which netted her an estimated USD 11 million in cash even before the company began to trade.
In 2002, Chau invested RMB ¥
Chinese yuan
The yuan is the base unit of a number of modern Chinese currencies. The yuan is the primary unit of account of the Renminbi.A yuán is also known colloquially as a kuài . One yuán is divided into 10 jiǎo or colloquially máo...
1 million into an interactive voice-recognition service provider, Beijing Leitingwuji Nework Technology Company Limited (北京雷霆无极网络科技有限公司). In September 2003, before the company was even profitable, she sold it to TOM Group
TOM Group
TOM Group Limited is a Chinese-language media company in the Greater China region, with business interests across markets in Mainland China, Taiwan and Hong Kong...
for the sum of USD132 million. Its subsidiary TOM Online
TOM Online
TOM Online is a mobile Internet company in China, operating the popular Chinese-language Internet portal and offering a variety of online and mobile services, including wireless internet and online advertising. The TOM Group is the majority shareholder...
was then separately listed on the Growth Enterprise Market
Growth Enterprise Market
Growth Enterprise Market is a stock market set up by Stock Exchange of Hong Kong for growth companies that do not fulfill the requirements of profitability or track record....
of the Hong Kong Stock Exchange
Hong Kong Stock Exchange
The Hong Kong Stock Exchange is a stock exchange located in Hong Kong. It is Asia's third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and the Shanghai Stock Exchange and fifth largest in the world...
in early 2004.
Chau remained a 9.998% shareholder in Tom Online until 12 March 2007, when Tom Group announced an offer for the outstanding shares in Tom Online, to take the company private. Chau also has a 24% stake in TOM Group prior to the announcement.