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Board of Directors

Wai Hong Lao
Executive Director, Chairman and Chief Executive Officer

Mr. Lao is one of the founders of our Group, was appointed as our Director on October 31, 2019 and was re-designated as our executive Director, the chairman of our Board and chief executive officer on December 11, 2019. He is also a director of all of the subsidiaries of our Group, namely, Melkweg Cayman, Melkweg BVI, Galaxy Payroll (HK), Galaxy Payroll (TW), Galaxy GEO Services, Galaxy Payroll (China), Galaxy HR (Macau), Galaxy HR (TW) and Galaxy HR (SZ). Mr. Lao is responsible for overall management, strategic planning, business development and client relationship.

Mr. Lao has over 15 years of experience in the payroll outsourcing service and employment service industry. Prior to founding our Group, Mr. Lao worked at various companies in the United States with a focus in software development from 1997 to 2005. From April 2006 to February 2013, Mr. Lao worked as a manager at TAKA Corporate Services Limited and TAKA Corporate Consulting Limited (previously known as HBL CONSULTING LIMITED), which engaged in the provision of payroll outsourcing services and employment services and were controlled by common shareholders, and was mainly responsible for business development and channel and client relationship management.

Mr. Lao obtained the degree of Bachelor of Business Administration in Management Information Systems and Finance from The University of Hawaii in the United States in May 1994 and the degree of Master of Business Administration from Hawaii Pacific University in the United States in August 1999.

Yiu Kong Kenneth But
Executive Director and Chief Operating Officer

Mr. But is , one of the founders of our Group, was appointed as our Director on October 31, 2019 and was re-designated as our executive Director and chief operating officer on December 11, 2019. He is also a director of Melkweg Cayman, Melkweg BVI, Galaxy Payroll (HK), Galaxy Payroll (TW), Galaxy GEO Services, Galaxy Payroll (China) and Galaxy HR (Macau). Mr. But is mainly responsible for overall management of compliance matters of our Group.

Mr. But has over 15 years of experience in the payroll outsourcing service and employment service industry. Prior to founding our Group, Mr. But worked as a school clerk at Assembly of God Hebron Secondary School from June 1988 to January 1989. He then worked as a video tape previewer at Asia Television Limited from February 1989 to March 1991 and an editor at Busmag Publishing Limited from March 1991 to February 1992 respectively. He worked as a sports researcher at the Sports Department of Television Broadcasts Limited from February 1992 to July 1993, and from March 1994 to March 1995. He then worked at Satellite Television Asian Region Limited as a researcher from March 1995 to May 1997. He later returned to Television Broadcasts Limited in June 1997 as a sports researcher at the Sports Department and worked until June 2005. From August 2005 to February 2013, Mr. But worked as a sales director in TAKA Corporate Services Limited and TAKA Corporate Consulting Limited (previously known as HBL CONSULTING LIMITED), which engaged in the provision of payroll outsourcing services and employment services and were controlled by common shareholders, and was mainly responsible for sales and marketing.

Mr. But obtained the degree of Bachelor of Arts in Journalism and Communication from Chu Hai College in Hong Kong in July 1992 and a professional diploma in financial planning from the School of Professional and Continuing Education, The University of Hong Kong in Hong Kong in October 2007. He became a certified financial planner of the Institute of Financial Planners of Hong Kong in March 2009.

Kam Kong Lau
Independent non-executive Director

Mr. Lau is an experienced professional in the field of accounting and financial consultancy. He was appointed as our independent non-executive Director and will also serve as the chairman of audit committee and a member of the compensation committee and nominating and corporate governance committee.

Mr. Lau’s has over 20 years of experience in corporate finance. He served as an audit manager at BKR Lew & Barr Limited (now East Asia Sentinel Limited), a CPA firm established in Hong Kong from 1996 to 2006, then he joined PricewaterhouseCoopers as an audit manager in 2006. Subsequently, he served as a financial controller at Tianyu Communications Limited from 2007 to 2009, where he led the financial operations and engaged in capital fund raising. Mr. Lau started up Acctone Business Consulting Limited in 2009 and is currently a director. Concurrently, he holds the role of managing director at EAS Consulting Services (Shanghai) Limited since 2015, where he directs the business operations and provides comprehensive financial consulting, accounting and taxation services.

Mr. Lau holds a Master of Professional Accounting from The Hong Kong Polytechnic University and is a Fellow of the Hong Kong Institute of Certified Public Accountants (FCPA) since 2005.

Ho Fu Billy Wong
Independent non-executive Director

Mr. Wong was appointed as our independent non-executive Director, he will serve as a director upon effectiveness of this prospectus, and he will also be the chairman of nominating and corporate governance committee and a member of audit committee and compensation committee.

Mr. Wong has over 25 years of finance related experience. Prior to joining our Group, he worked at Wardley Financial Services Limited (currently known as HSBC Broking Services Limited) as Senior Vice President from June 1997 to December 2013. Mr. Wong then worked at BOCI Securities Limited as Director from February 2014 to June 2018. Since July 2018, he has been the Head of Equities Capital Market of Mayfair & Ayers Finance Group Limited and has been responsible for marketing activities in the organization including leading brand management, marketing communications, market research and product marketing.

Mr. Wong obtained the degree of Bachelor of Arts in Politics and History from the University of New South Wales in Australia in 1996. Mr. Wong is an ordinary member of Hong Kong Securities and Investment Institute.


Xiao Liang Li
Independent non-executive Director

Mr. Li was appointed as our independent non-executive Director, he will serve as a director upon effectiveness of this prospectus, and he will also the chairman of compensation committee and a member of nominating and corporate governance committee and audit committee.

Mr. Li has over 14 years of management, finance related experience. Prior to joining our Group, he worked at Amicorp Group as Director of Fund and Trust Services from October 2008 to July 2014. Mr. Li then worked at TMF Hong Kong Limited as Director of Fund Services from July 2014 to November 2015. He later worked at Custom House Fund Services (Hong Kong) Limited, which was subsequently acquired by Apex Group, as Director of Fund Services from November 2015 to March 2019. At present, he runs Precision Fund Services Limited, an independent and Asia-focused fund administration services firm. Mr. Li is the founder and CEO of Precision Fund Services Limited.

Mr. Li obtained degree of Bachelor of Business Administration from Guangzhou University in 2015. He obtained degree of Master of Business Administration from the University of Hong Kong in 2021.