Selina Chow
On 30 January 1989, the Chiu family sold its shares of ATV to New World Group and Lai Sun Group for HK$237.5 million. The New World Group held half of the shares, while the Lam family owned one-third and Lai Sun held one-sixth. At the same time, Sociedade de Turismo e Diversões de Macau (STDM) joined as a minority shareholder. As announced by the board of directors, the new chairman was Cheng Yue-tung and the vice-chairman was Lim Por Yen. The Administrative Director was Selina Chow.