Mr Yeung was awarded the GBS in 2012 for his distinguished public and community service, particularly his contribution in leading the Hong Kong Housing Society to provide quality and affordable housing to meet the needs of the changing community.  Mr Yeung also served on a number of governmental, public and community organisations since 1987, such as the Standing Commission on Civil Service Salaries and Conditions of Service, and the Community Investment and Inclusion Fund Committee of the HKSAR Government. Mr Yeung supported the alumni work of HKU SPACE.  He was the Ordinary Member, Voting Member, Life Member of HKU SPACE Alumni, Member of HKU SPACE Foundation Committee and Member of HKU SPACE Alumni Council since 2004.  He was also a Distinguished Alumni Fellow.