Jerash Holdings sets monthly base salaries for CEO, chairman at HK$297,000 each
JRSH•Jerash Holdings set monthly base salaries of HK$297,000 each for CEO Choi Lin Hung and Chairman Ng Tsze Lun under new employment agreements effective November 1, 2026. Each will also receive an end-of-year payment equal to one month’s basic salary.
1. New employment agreements
Jerash Holdings (US) subsidiary Treasure Success entered new employment agreements with Choi Lin Hung and Ng Tsze Lun on October 30, 2026, consolidating their existing consulting and employment arrangements into direct employment effective November 1. Each agreement has no fixed term and may be terminated by either party with one month’s notice or payment in lieu; their consulting agreements with wholly owned entities end at 11:59 p.m. on October 31.
