13 July 2017
Speed Apparel Holding Limited
Donated HK$650,000 to The Community Chest
To Celebrate Its Public Listing on the GEM Board
To celebrate the company’s public listing on the GEM Board of the Stock Exchange of Hong Kong on 31 May 2017 (Wednesday) using the auspicious stock code of "8183", Speed Apparel Holding Limited has made a generous donation of HK$650,000 to The Community Chest of Hong Kong. On the same occasion, Mr Chan Wing-kai (right), Chairman and Executive Director of Speed Apparel Holding Limited presented the donation to Mr James Blake, Campaign Committee Member of The Community Chest of Hong Kong.
The Hong Kong Jockey Club, our Partner in charity, generously supports The Community Chest of Hong Kong in helping to subsidise our expenses, thereby enabling 100% of the donations to be allocated to over 160 member social welfare agencies from six major areas of services: children & youth, elderly, family & child welfare, medical & health, rehabilitation & aftercare, and community development.
About The Community Chest of Hong Kong
The Community Chest of Hong Kong was established in 1968 as an independent, non-profit making organisation neither funded, nor operated by the Government. Each year, the Chest organises fund-raising events to benefit over 160 member social welfare agencies that reach out to more than two million beneficiaries in Hong Kong. The Chest’s administrative expenses come from a subsidised 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.
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