LKSF Supports CUHK Faculty of Medicine and Future of Hong Kong Healthcare
The COVID-19 pandemic has made clear the importance of medical and biotechnology research as essential for protecting the health of the public and strengthening the future of medicine. In light of this, the Li Ka Shing Foundation (LKSF) has recently gifted HK$150 million to the Faculty of Medicine at the Chinese University of Hong Kong (CUHK).
Green Light for CKHH’s UK Tower Assets Deal
CK Hutchison welcomes the UK Competition and Markets Authority’s (“CMA”) decision to approve the sale of CK Hutchison Network’s (“CKH Networks”) UK tower assets to Cellnex. The consideration for the interests in the UK tower assets is approximately EUR3.7 billion (HKD 32.4 billion) in cash and shares.
CK Hutchison and Ooredoo Group Create Indonesia’s Second Largest Mobile Telecoms Company by Completing the Merger of their Indonesian Businesses
CK Hutchison and Ooredoo Group completed the merger of their respective telecommunications businesses in Indonesia. The newly merged company, PT Indosat Tbk, will trade as Indosat Ooredoo Hutchison from 4 January 2022.
CK Group/LKSF $20 Million Vouchers Support Vaccination Lucky Draw Ceremony was Held Successfully
In support of the COVID-19 Vaccination Programme of the HKSAR Government, CK Asset (CKA), CK Hutchison (CKHH) and the Li Ka Shing Foundation (LKSF) would give away a total of HK$20 million of CK Group selected vouchers through a lucky draw to fully vaccinated residents in Hong Kong. The lucky draw ceremony was conducted on 13 September 2021.
LKSF Donates HK$30 Million to CUHK to Upgrade Research Facilities in the Li Ka Shing Institute of Health Sciences
The Li Ka Shing Foundation (LKSF) has announced a donation of HK$30 million to the Faculty of Medicine at The Chinese University of Hong Kong (CUHK) to upgrade the research facilities in the Li Ka Shing Institute of Health Sciences.
CK Hutchison Inks €10 Billion Tower Asset Deal with Cellnex
CK Hutchison has agreed to sell its interests in its European tower assets and businesses for €10 billion in six transactions to Cellnex Telecom, Europe’s leading operator of wireless telecommunications and broadcasting infrastructures.
“LOVE CAN HELP II” LKSF New HK$100 Million Grant in Support of Medical and Welfare Services for Hong Kong
Following on the successful “Love Can Help” Medical Assistance Programme last year, the Li Ka Shing Foundation (“LKSF”) announced an additional HK$101 million in support of services for the citizens of Hong Kong in July 2020. The coverage of “Love Can Help II” extends from local medical services to the social welfare community.
Chairman Mr Victor T K Li Hosts the CK Group Annual Dinner
Below are his remarks made at the occasion:
Mr. Senior Advisor, Fellow Directors and Colleagues: I am delighted to welcome you all to the CK Group’s 2020 Annual Dinner.
Crunch Time Instant Relief Fund Project HK$1.009 Billion Benefits More Than 28,000 Hong Kong SMEs
Li Ka Shing Foundation announced the HK$1 Billion Crunch Time Instant Relief Fund programme in late October in support of local Small and Medium Enterprises (SMEs) which are under severe duress from unprecedented challenges on the home front and a slowdown in the global economy.