The founder and honorary chairman of Commercial Radio insisted yesterday he had no intention of selling the broadcaster despite recent controversies. George Ho Ho-chi said: 'Nobody has approached me. It will not be put up for sale and it is not for sale. I have not even thought about it.' Mr Ho, speaking at a shareholders meeting of his listed ABC Communications (Holdings), also expressed his support for Winnie Yu, who was appointed as the radio's vice-chairman last week after a string of sackings of senior staff. It was the first time Mr Ho had spoken about the station's operation since controversy broke out last month over the removal of outspoken talk-show host Albert Cheng King-hon. The broadcaster's licence was renewed for 12 years last July. Ms Yu first announced plans late last month to terminate the station's contract with Mr Cheng, who had hosted the programme Teacup in a Storm since 1995. A war of words ensued between Ms Yu and Mr Cheng over the contract and his Legislative Council bid. The broadcaster said last week that it was considering suing Mr Cheng for defamation over his remarks. Commercial Radio also sacked the station's chief operating officer, Tony Tsoi Tung-ho, and consultant Leung Man-to. G.J. Ho, George Ho's son and the company chairman, yesterday declined to comment on whether the controversy would affect the station's credibility or advertising revenue. Asked whether he would devote more time to the station's business, G.J. Ho said: 'I have only left Hong Kong for the United States for three weeks so far this year. I have spent most of my time at Commercial Radio.' Meanwhile, Peter Lam Yuk-wah, co-host with Mr Cheng of Teacup in a Storm for the past year, has delayed his return from holiday for a few days. He was scheduled to report for duty yesterday. It is understood that Lam has also resigned.