• Convenience Retail Asia Limited is a member of the Li & Fung Retailing Group and has the exclusive right to use the Circle K brand name for convenience retailing in Hong Kong, Macau, Southern, Eastern and Northern Chinese Mainland.
  • The Circle K brand is one of the fastest-growing convenience store brands worldwide, with over 6,500 outlets as of January 2007.
  • The first Circle K store opened in Hong Kong in 1985. As of today, all Circle K stores in Hong Kong are 100 percent company owned and managed by Convenience Retail Asia.
  • The company owned-and-managed strategy has enabled Convenience Retail Asia to achieve total alignment in the execution of business strategies and marketing programs, resulting in maximum responsiveness, efficiency and consistency at every level.
  • Strong controlling shareholder support from Li & Fung Retailing Group will facilitate the development of our business, including expansion into other geographical markets and in fostering strategic alliances.

 

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  • Focused and customer driven
  • Convenient locations
  • Motivated employees
  • Excellence in speed, tidiness and friendly service
  • Savvy application of IT technology
  • Synchronized supply chain infrastructure and processes
  • Investment in five enablers: brand building, store network, people, IT systems and supply chain infrastructure

 

 

 

 

 

Dr. K. Fung, Victor - Chairman

Dr Victor K Fung is the Group Chairman of the Li & Fung group of companies, which includes major subsidiaries in Trading, Distribution and Retailing, including publicly listed Li & Fung Limited, Integrated Distribution Services Group Limited and Convenience Retail Asia. He also is Chairman of the Greater Pearl River Delta Business Council, the Hong Kong Airport Authority and the Hong Kong University Council.

Dr Fung holds a number of civic and professional appointments. He is Vice-Chairman of International Chamber of Commerce, a member of the Chinese People’s Political Consultative Conference, Executive Committee of the Commission on Strategic Development. He also is Chairman of Hong Kong - Japan Business Co-operation Committee. From 1991 to 2000, Dr Fung was Chairman of the Hong Kong Trade Development Council, and from 1996 to 2003, he was the Hong Kong representative on the APEC Business Advisory Council.

Dr Fung is Chairman, Asia Advisory Board of Prudential Financial Inc and a non-executive Director of Bank of China (Hong Kong) Limited, Baosteel Group Corporation, PCCW Ltd, Orient Overseas (International) Ltd and Sun Hung Kai Properties Ltd.

Born and raised in Hong Kong, Dr Fung holds Bachelor and Master Degrees in Electrical Engineering from the Massachusetts Institute of Technology, and a Doctorate in Business Economics from Harvard University. He also taught as a professor at the Harvard Business School for four years before returning to Hong Kong in 1976.

Dr Fung is married with three children.

 

Yeung Lap Bun, Richard - Chief Executive Officer

Mr. Yeung has over 20 year's experience in general management, food distribution and supply chain management. He is responsible for overseeing the CRA Group's operations, marketing, logistics and supply chain management and he is actively involved in new business development in the PRC. Prior to joining the CRA Group in October 1998, he spent about 10 years in senior positions at HAVI Food Services Group, managing the supply chain of McDonald's Restaurants in various countries in Asia. Mr. Yeung graduated from the University of Hawaii with a Bachelor of Business Administration degree. Mr. Yeung also holds a MBA degree from the California State University of Los Angeles and is a Certified Public Accountant. Mr. Yeung is also an Executive Committee member of the Hong Kong Retail Management Association.

 

Li Kwok Ho, Bruno - Chief Financial Officer

Mr. Li joined Li & Fung in January 1991 as the Chief Financial Officer. Since February 1993, he has been appointed as the Retail Services Director and takes charge of all the centralised supporting services of Li & Fung Retail Group which comprises the business of Circle K and Toys "R" Us. His areas of responsibilities include Finance and Accounting, Human Resource and Administration, Business Systems Development and Real Estate. Mr. Li graduated from the Chinese University of Hong Kong with a Bachelor of Science degree and is a member of the Institute of Chartered Accountants of Scotland. He has over twenty years of professional experience in finance and accounting.