Yuk Man Lau

About Yuk Man Lau

Independent Chairman of the Board at Bayview Acquisition Corp (BAYA). Prior roles include Partner at Guoxing Capital Co., Ltd. (since 2016) and General Manager at Oriental Infinite Culture Communication Co., Ltd. (2006–2016). Previously served as an independent director of Longevity Acquisition Corp (Jan 2020–Oct 2020). Education: Bachelor’s degree in Japanese, Dalian University. Tenure at BAYA documented from the S-1 filing executed November 17, 2023. Independence affirmed by company disclosures and third-party profiles .

Past Roles

External Roles

Board Governance

• Role: Independent Chairman of the Board; board independence noted by the company and third-party profiles .
• Committee assignments: Audit Committee members are Guohan Li (Chair), Wei Lu, and John DeVito; Compensation Committee members are Wei Lu (Chair), John DeVito, and Guohan Li. No standing Nominating Committee; independent directors handle nominations .
• Attendance: Not disclosed in available filings; no board meeting attendance rates provided.
• Years of service: Documented service at BAYA from November 2023 S-1 onward .

Fixed Compensation

Performance Compensation

• Compensation Committee scope exists (charter adopted), but practically limited until a business combination occurs; no disclosed performance metric framework (TSR, revenue, ESG) for directors at this stage .

Other Directorships & Interlocks

Expertise & Qualifications

• Private investing and board leadership experience (Partner at Guoxing Capital; SPAC governance at Longevity Acquisition Corp) .
• Education in Japanese language (Dalian University), with cross-cultural management exposure from media/culture operations (2006–2016) .

Equity Ownership

Governance Assessment

• Independence and board role: Independent Chairman, not seated on Audit or Compensation Committees (both comprised of independent directors), aligning with separation between board leadership and oversight committees .
• Pay-for-performance alignment: No cash or equity compensation for directors prior to a business combination; reimbursement of expenses only. This reduces immediate pay-related conflicts but shifts incentives toward completing a deal, given sponsor/founder economics in SPAC structures .
• Related-party and sponsor economics: Administrative services agreement with TenX Global Capital LP at $10,000/month is a related-party exposure typical in SPACs; sponsors’ founder shares and private placement units become worthless if no deal closes, creating potential pressure to transact (RED FLAG: sponsor incentives) .
• Corporate opportunity waiver: Charter waives certain corporate opportunity duties; directors may channel opportunities elsewhere unless expressly offered in their capacity as BAYA directors (RED FLAG: potential conflicts mitigated by disclosure but still material) .
• Beneficial ownership/skin in the game: No disclosed personal share ownership for Lau in the beneficial ownership tables, which may limit direct alignment via equity; overall founder/sponsor holdings are significant (31.8% at May 2025), but allocated to sponsors rather than individual directors .
• Committee oversight: Audit Committee reviews related-party transactions and compliance; Compensation Committee exists but is largely dormant pre‑combination. No standing Nominating Committee—independent directors recommend nominees (neutral) .

RED FLAGS

• Sponsor-driven economics and corporate opportunity waiver can weaken alignment with public shareholders (deal urgency and potential conflicts) .
• Related-party services agreement ($10,000/month) introduces ongoing payments to an affiliate (requires persistent audit committee scrutiny) .
• Lack of disclosed ownership or performance-linked director pay reduces direct equity alignment at the director level pre‑combination .

POSITIVES

• Independent chair with prior SPAC governance experience; committees comprised of independent directors; explicit audit committee role in related‑party oversight .

Related Party Transactions and Conflicts Snapshot

• Administrative services: TenX Global Capital LP—$10,000/month for office space and administrative services (FY 2024 expense: $120,000) .
• Corporate opportunity waiver: Company renounces interest in certain opportunities; directors/officers may pursue overlapping opportunities unless offered solely in their BAYA capacity (waiver disclosed) .
• Founder/sponsor stakes: Founder shares and private placement units at risk if no business combination occurs; transfer restrictions and lock-ups apply (deal incentives) .

Committee Assignments (Current Disclosures)

Director Compensation Structure (Pre‑Business Combination)

Beneficial Ownership (Director Line Items)