Thomas Lau

For three-hour work day, Joseph Lau Luen-hung earned $10.5 million in 1996

Thursday, 26 July, 2012, 4:17pm

Enoch Yiu

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For his three-hour work day, Joseph Lau Luen-hung may have earned as much as $10.5 million in 1996, according to the Chinese Estates Holdings annual report.

The 1996 report showed the four directors of the companies, including the Lau brothers and two non-executive directors, received directors' emoluments totalling $15 million.

One got $10 million to $10.5 million, another $4 million to $4.5 million, and the other two less than $1 million.