Lim Por-yen
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Lim Por-yen (; c. 1914 – 18 February 2005) was a Hong Kong industrialist. He founded the
Lai Sun Group Lai Sun Group () is a Hong Kong conglomerate. It was founded by garment billionaire and entrepreneur, Lim Por-yen. Its businesses include property development, real estate investment, hotel, telecom, mass media and entertainment. Lai Sun is wo ...
, and his family was the biggest shareholder of
Asia Television Asia Television Limited (, also known as ATV) is a digital media and broadcasting company in Hong Kong. Established as the first television service in Hong Kong as Rediffusion Television () on 29 May 1957, it shifted to terrestrial televisio ...
.


Biography

Lim Por-yen was born in Chaoyang, Guangdong, and moved to Hong Kong with his father in 1931."1914年生於潮陽的林百欣,1931年隨父移居香港,1939年開始在九龍城創業。" In 1945, he started a factory manufacturing garments in
Sham Shui Po Sham Shui Po is an area of Kowloon, Hong Kong, situated in the northwestern part of the Kowloon Peninsula, north of Tai Kok Tsui, east of Cheung Sha Wan and south of Shek Kip Mei (). It is located in and is the namesake of the Sham Shui P ...
for export. Lim earned himself the nickname of "African King" in the 1950s when he exported cheap military uniforms to African countries.Dennis Eng
A little less debt for ailing Lai Sun
, '' The Standard'', 18 November 2002
His company, Lai Sun Garment, was founded in 1947, and later listed on the
Hong Kong Stock Exchange The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is repor ...
. He successfully diversified into real estate in 1987 when he set up another vehicle,
Lai Sun Development Lai Sun Development ("LSD") is a property developer in Hong Kong, public company listed on the Hong Kong Stock Exchange established in 1987 by the textiles magnate Lim Por-yen.Raymond Wang and Teddy NgLai Sun Group founder Lim dies at 93, '' The S ...
.Raymond Wang and Teddy Ng
Lai Sun Group founder Lim dies
, '' The Standard'', 19 February 2005
In the same year, Lai Sun acquired the
Crocodile Garments Crocodile Garments is a textile and garments company based in Hong Kong. Crocodile Garments was founded by the late Dr. Chan Shun (1917-1997) in 1952. Ms Vanessa Lam is the current Chairman & CEO of the company. History When he was young ...
business."1987年,麗新收購成立於1952年"鱷魚恤",又追加近10億港元投資,繼而拓展日本市場。"


Public service and philanthropy

Deeply attached to his hometown and China, he started a massive program of donations in the 1980s. He founded four secondary schools in
Shantou Shantou, alternately romanized as Swatow and sometimes known as Santow, is a prefecture-level city on the eastern coast of Guangdong, China, with a total population of 5,502,031 as of the 2020 census (5,391,028 in 2010) and an administrative ...
. In 1994, he founded a technical college there with a donation of ¥35 million, and endowed Shantou City Education Foundation with a further ¥10 million."從上世紀80年代開始,林百欣就相繼在汕頭市捐建四所林百欣中學。1994年又捐款3500萬元建了汕頭林百欣科技中專,還在同年捐資1000萬元人民幣給了汕頭市教育基金會。" He is said to have made in excess of ¥700 million in donations to causes throughout China, of which Shantou's share was more than half."據不完全統計,林百欣在北京、上海、廣州、汕頭和中山等地捐辦各種公益事業,總金額達人民幣7億元以上,僅在家鄉汕頭就有3.8億元。" He has been a supporter of education in Hong Kong by setting up several schools. He also donated to the
University of Hong Kong The University of Hong Kong (HKU) (Chinese: 香港大學) is a public research university in Hong Kong. Founded in 1887 as the Hong Kong College of Medicine for Chinese, it is the oldest tertiary institution in Hong Kong. HKU was also the fi ...
's SARS Fund and helped to establish the ''Jao Tsung-I Petite Ecole''. His support of the HKU Foundation and to the university in general over the years earned him an honorary fellowship in 2003. Lim also endowed an Eye Genetics Research Center (named after him) at the CUHK in 2004. Lim was a
Hong Kong Affairs Adviser Hong Kong Affairs Advisers () were appointed by the Chinese government after the last Governor of Hong Kong, Chris Patten carried out his electoral reform in the British Hong Kong, in the eve of the handover of the sovereignty of the city-state ...
to Beijing. He also served on the Preparatory Committee and Selection Committee of the SAR. He was a founding member of the
Better Hong Kong Foundation Better may refer to: * "to better" as a verb, meaning to undergo betterment * better, an alternate spelling of bettor, someone who bets ( gambles) Music Albums * ''Better'' (Chrisette Michele album), 2013 * ''Better'' (Brian McKnight album ...
.


Corruption conviction

Lim was implicated in the largest bribery scandal in Taiwan at the time.HK tycoon Lim Por-yen passes away
''China Daily'' (20 February 2005)
Lim was arrested by Taiwan's Bureau of Investigation on accusations that he offered
NT$ The New Taiwan dollar (code: TWD; symbol: NT$, also abbreviated as NT) is the official currency of Taiwan. The New Taiwan dollar has been the currency of Taiwan since 1949, when it replaced the Old Taiwan dollar, at a rate of 40,000 old dollars ...
200 million in bribes to several officials of the Taipei County Land Administration Bureau, including its former director. Lim owned some land originally slated for farming and industrial use. After Lim bought it, officials allocated the land for the new
National Taipei University National Taipei University (NTPU; ), founded in 1949, is a national university in Taiwan which specializes in law, business, humanities, and social sciences. Before 2000, the university was named the College of Law and Business, National Chung ...
, allowing him to sell the land back to
Taipei County New Taipei City is a special municipality located in northern Taiwan. The city is home to an estimated population of 3,974,683 as of 2022, making it the most populous city of Taiwan, and also the second largest special municipality by area, be ...
for more than NT$890 million (US$28.6 million), an estimated NT$300 million above market value. He is alleged to have bribed officials to rezone the land. In 1999, he was found guilty on charges of bribery and
money laundering Money laundering is the process of concealing the origin of money, obtained from illicit activities such as drug trafficking, corruption, embezzlement or gambling, by converting it into a legitimate source. It is a crime in many jurisdictions ...
through the land deals, but his prison sentence of 38 months was reduced by one year. His appeal of this conviction was still under consideration at the time of his death.


Personal

Lim was married four times and had seven biological children and an adopted son from his older brother."林百欣一生有四位妻子,共有七名子女,並收養一名養子" At his death he remained legally married to his first wife, Lai Yuen-Fong (賴元芳) . His second wife, U Po-chu (余寶珠), is a 50-year veteran of the garment industry and is a non-executive director of Lai Sun Garment. His third wife is Gu Shui-Ying (顧瑞英) and his fourth wife is Choy Yim-yu (蔡艷如). Lim's eldest son, Lam Kin-ming ( 林建名), works for Lai Sun's
Crocodile Garments Crocodile Garments is a textile and garments company based in Hong Kong. Crocodile Garments was founded by the late Dr. Chan Shun (1917-1997) in 1952. Ms Vanessa Lam is the current Chairman & CEO of the company. History When he was young ...
."林建名將繼續協助林建岳打理鱷魚恤業務。養子林建康則負責內地地產業務的麗豐控股(1125.HK)。" His second son, by his second wife, U Po-chu, is
Peter Lam Peter Lam Kin-ngok, GBS (, born 7 August 1957) is a Hong Kong businessman and billionaire. Peter Lam is the son of the late industrialist tycoon Lim Por-yen and his second wife U Po-chu. Peter is Chairman of Lai Sun Development Company, Lai ...
, head of
Media Asia Group Media Asia Entertainment Group (), Media Asia Group (, ), is a Hong Kong production company and film distributor for films made in Hong Kong and throughout China. It is a subsidiary of Lai Sun Development Company Ltd. History Headquartered ...
and the Lai Sun Group. Their relations were under considerable strain when Peter acquired Furama Hotel Enterprises without consulting him. Lim Por-yen also had a daughter, Pearl Lam, from whom he was estranged, reportedly due to debts incurred from a property investment."曾被林百欣視為掌上明珠的愛女林明珠,因一樁房地產投資引發的債務問題與林百欣對簿公堂。" She runs an art gallery and reports that her parents disapproved of her art career, forcing her to study accounting and financial management, and later law.Pearl Lam – HK Magazine bio
, By Leanne Mirandilla, 17 May 2012
He has a son, Lam Kin-hong ( 林建康), who is responsible for mainland property investments in Hong Kong-listed Lai Fung Holdings. On 10 December 2004, he gifted his 33.73% stake in Lai Sun International equally to Peter and his mother."去年12月14日,林百欣將其持有的麗新係控股公司麗新國際(0191.HK)全部共33.73%股權,以饋贈形式贈予妻子余寶珠及次子林建岳(余寶珠為林建岳生母),每人一半。"


Death

Lim died on 18 February 2005 at Queen Mary Hospital in
Pok Fu Lam Pok Fu Lam or Pokfulam is a residential area on Hong Kong Island, at the western end of the Southern District. It is a valley between Victoria Peak and Mount Kellett, around Telegraph Bay. Pok Fu Lam can claim several ''firsts'' in the histo ...
, from a lung infection; he was in his 90s.


Notes

For verification purposes, the following are relevant citations in Chinese from the ''
CCTV Closed-circuit television (CCTV), also known as video surveillance, is the use of video cameras to transmit a signal to a specific place, on a limited set of monitors. It differs from broadcast television in that the signal is not openly t ...
'' article dated 17 October 200513元錢起家的一代富豪:林百欣生前身後事 "''The Lim Por-yen story''"
, CCTV, 17 October 2005


References

{{DEFAULTSORT:Lim, Poryen 1910s births 2005 deaths Asia Television Businesspeople from Guangdong Chinese money launderers Hong Kong criminals Hong Kong philanthropists Hong Kong racehorse owners and breeders Hong Kong textiles industry businesspeople Lai Sun Group People from Chaoyang District, Shantou Members of the Preparatory Committee for the Hong Kong Special Administrative Region Hong Kong Affairs Advisors Members of the Selection Committee of Hong Kong 20th-century philanthropists Chinese emigrants to British Hong Kong