Page 115 - Memoir

INTERVIEWS WITH CLIENTS

2 July 2021 Office at Fung Seng Enterprises Limited

Interview with Fung Seng Enterprises Limited (Extract)
(English Translation)
Interviewees : Mr Doo Wai-Hoi, William JP (WD), Mr William Junior Guilherme Doo JP (WJ)

Interviewers : Mr Joseph Y K Yau (JY), Mr Wilson Yau (WY), Ms Annie Lai (AL)

“...It was the time when the second generation took over. Compared with the
first generation, we as the second generation received good education and could

utilise the business relationships established by the first generation to further
develop. Undoubtedly the second generation is in a more favourable position,
with a solid business foundation which may lead to a higher chance of thriving
for success and growth in business...” said Mr Doo Wai-Hoi, William JP. It has
been remarkable that two businesses undergoing three generations of
management could sustain its collaboration. We are very honoured to invite Mr
Doo Wai-Hoi, William JP and Mr William Junior Guilherme Doo JP, to talk with
our Mr Joseph Y K Yau, Mr Wilson Yau and Ms Annie Lai about the past of first

and second generation, as well as sharing their views on family business
succession.
Thank you Mr Doo for accepting our interview today! Mr Doo and the
Thank you Mr Doo for accepting our interview today! Mr Doo and the family JY
family have cooperated with CKY for three generations which is rather
have cooperated with CKY for three generations which is rather exceptional.
exceptional. According to our internal records, we have been cooperating
According to our internal records, we have been cooperating since 1974. As
since the year 1974. As the second generation, would you like to share
the second generation, would you like to share about our collaboration in the
past days? about our collaboration in the past days?

My father started the importing business in Hong Kong in 1957, focusing on the import of jewellery such as diamonds
WD My father started the importing business in Hong Kong in 1957, focusing on
and jade. Eventually our Company had business exposures in Japan, Thailand and Singapore aside from Hong Kong,
the import of jewellery such as diamonds and jade. Eventually our Company
engaging in both export and import operations. Subsequently we established a limited company in 1971, and that was
the beginning of our collaboration with CKY as we needed to appoint professionals to handle the accounting matters.
had business exposures in Japan, Thailand and Singapore aside from Hong
From 1960 to 1970, our Company was mainly engaged in jewellery and gem businesses. In 1970, I graduated from my
Kong, engaging in both export and import operations. Subsequently we
study of jewellery in Europe and repatriated to Hong Kong and joined the Company. I was honored to be the first
Chinese national to obtain the professional qualification of jewellery appraisal, as this industry and its related
qualifications had not yet existed until around 1950.
established a limited company in 1971, and that was the beginning of our
collaboration with CKY as we needed to appoint professionals to handle the
accounting matters.

From 1960 to 1970, our Company was mainly engaged in jewellery and gem
businesses. In 1970, I graduated from my study of jewellery in Europe and
repatriated to Hong Kong and joined the Company. I was honoured to be the

first Chinese national to obtain the professional qualification of jewellery
appraisal, as this industry and its related qualifications had not yet existed
until around 1950.

I did not take jewellery as my major in college. I only started studying relevant

subjects after I got my master’s degree in the United States.

邱在光合伙會計師行有限公司六十週年 C K Yau & Partners CPA Limited 60th Anniversary 111