The Board of Directors of Camper & Nicholsons International is very pleased to announce a new shareholder to the business. Lai Sun Development Company Limited, a member of Hong Kong based Lai Sun Group, has signed an agreement to invest in the equity of Camper & Nicholsons International. The objective of the investment is to reinforce the company’s capital, position the company for accelerated global growth, including the creation of a major platform for Camper & Nicholsons expansion throughout Asia – establishing a valuable link for Asian clients to connect with Camper & Nicholsons brokerage and charter offerings around the world.

Fincantieri S.p.A. and the 1782 Group continue to maintain their shareholding and have been actively strengthening the management team with the most experienced professionals in the industry. The Board of Directors welcome on board Peter Lam as Chairman with Paolo Casani as Managing Director, who together will lead the most prestigious name in yachting into a new and exciting era. Gualtiero Giori, will continue to support Camper & Nicholsons to ensure the company’s ongoing strategic plans are fully realized.

Lai Sun Development Company Limited is a member of the Lai Sun Group. The Company is well diversified and its principal activities include property investment, property development, investment in and operation of hotels and restaurants and investment holdings. The Company was listed on The Stock Exchange of Hong Kong Limited in March 1988.