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How a Hong Kong tycoon’s ‘expensive curiosity’ led to a sea rescue and a record in the Sydney to Hobart race

Sun Hung Kai & Co’s Lee Seng Huang buys a boat on impulse and then abandons creature comforts to join a ‘rock star’ skipper and his crew of ‘Scallywags’

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Scallywag during the Sydney to Hobart race. Photo: Rolex
Robby Nimmo

When a tycoon says that “I’d like to have a serious conversation” you listen.

And experienced yachtsman, David Witt was all ears after a chance meeting last year with Hong Kong-based tycoon Lee Seng Huang.

The winds had blown them together in Hong Kong after a corporate sailing event, setting in motion the purchase of the 100 foot supermaxi now named Scallywag, which finished a record-breaking third in line honours in last month’s Sydney to Hobart race.

As group executive chairman of Sun Hung Kai & Co, Lee was quick to see an opportunity when it hit him in the face like a wet spinnaker.

Lee Seng Huang (right) and skipper David Witt. Photo: Rolex
Lee Seng Huang (right) and skipper David Witt. Photo: Rolex

“The moment we came off the boat ‘Antipodes’ on a corporate sail and were still standing in the rain, I said to skipper David Witt, ‘I’d like to have a serious conversation’,” said 42-year-old Lee.

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