Mr. Lai, the Principal of A R Evans Capital Partners Ltd., is a seasoned investment banker with over 25 years of experience. He is known for his integrity and institutional equities distribution capability.

Mr. Lai served in the past as Managing Director of Merrill Lynch (Asia Pacific) Ltd, Smith Barney Shearson (Hong Kong) Ltd, and Chin Tung Securities Ltd. He was responsible for the initiation and successful completion of the Thai Asia Fund and China Strategic Investment Ltd (both Hong Kong Stock Exchange Rule 21 listings) in the early 90s.

Mr. Lai is currently an appointed advisor to the United Nations International Eco-Safety Co-operative Organization and the China Foundation for Desertification Control. He has sat on the board of a number of listed companies in Hong Kong and overseas.