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Press Releases

13 June 2016

 

Two Companies Celebrated Public Listing on the Main Board By Donating To The Community Chest

Two companies recently listed on the Main Board of the Stock Exchange of Hong Kong celebrated their listing by each of them donating HK$1 Million to The Community Chest of Hong Kong’s ''Stock Code Balloting for Charity Scheme''.

 

Hang Sang (Siu Po) International Holding Company Limited was listed on the Main Board of the Stock Exchange of Hong Kong on 18 May 2016 (Wednesday) using the auspicious stock code ''3626''; it made a generous donation of HK$1 Million to The Community Chest of Hong Kong on the same occasion.

 

Photo: Mr Samson Man-wai Fung (right), Chairman, Chief Executive Officer and Executive Director ofHang Sang (Siu Po) International Holding Company Limited presented the donation of HK$1 Million to Mr Billy Kong Churk-hoi, Executive Committee Deputy Chairman of The Community Chest of Hong Kong.

 

 

Yadea Group Holdings Ltd. was listed on the Main Board of the Stock Exchange of Hong Kong on 19 May 2016 (Thursday) using the auspicious stock code ''1585''; it made a generous donation of HK$1 Million to The Community Chest of Hong Kong on the same occasion.

 

Photo: Mr Dong Jinggui (right), Chairman and Executive Director of Yadea Group Holdings Ltd.presented the donation of HK$1 Million to Mr Billy Kong Churk-hoi, Executive Committee Deputy Chairman of The Community Chest of Hong Kong.

 

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About The Community Chest of Hong Kong

 

The Community Chest of Hong Kong was established in 1968 as an independent, non-profit making organization neither funded, nor operated by the Government.  Each year, the Chest organizes fund-raising events to benefit over 150 member social welfare agencies that reach out to more than two million beneficiaries in Hong Kong.  The Chest’s administrative expenses come from a subsidized grant from The Hong Kong Jockey Club, in addition to income from investments.  This allows the Chest to allocate 100% of funds raised to charitable use; this operations model makes the Chest unique among its peers, and helps fulfil its mission to act as trustee of the donors.

 

The Hong Kong Jockey Club, our Partner in charity, generously supports The Community Chest of Hong Kong in helping to subsidize our expenses, thereby enabling 100% of the donations to be allocated to over 150 member social welfare agencies from six major areas of services: children &youth, elderly, family & child welfare, medical & health, rehabilitation & aftercare, and communitydevelopment.

 

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