The trust of late billionaire Nina Wang Kung Yu-sum has donated HK$100 million (US$12.8 million) to victims of the deadly Tai Po blaze, surpassing tycoon Li Ka-shing to become the second-largest single donor after the Hong Kong Jockey Club.
The Nina Wang Charitable Management announced on Thursday that it would donate HK$100 million to support the government’s recovery and community rebuilding efforts following the Wang Fuk Court fire, which killed at least 160 people and displaced more than 4,000 residents.
Annie Tam Kam-lan, chairperson of the trustees’ board of governors, expressed her condolences to the victims and said the trust would work closely with the government and other parties to help Hong Kong continue to grow and move forward after these difficult times.
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“In honouring the wishes of late Mrs Nina Wang, the trustee is solemnly committed to assisting with the recovery and community building work.”
The trustee clarified that it was not related to the Chinachem Charitable Foundation.
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It manages the more than HK$140 billion estate of the late Wang, which has been the subject of a decade-long legal dispute since she died in 2007.