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HONG KONG
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The Department of Justice today announced that the Secretary for Justice (SJ) has appointed Rita Fan, Joseph Yam and Cheng Yan-kee as members of a supervisory managing organisation (SMO) established to supervise the trustee for the charitable trust of the estate of the late Nina Wang. The Court of First Instance has appointed Nina Wang Charity Management Ltd as the trustee. The department emphasised that, under Hong Kong law, the SJ has a role in protecting charitable interests. Mrs Wang, in her will, expressed her wish that a charitable fund be set up. As protector of charities, the SJ has participated in the relevant legal proceedings regarding Mrs Wang’s estate. The court approved the scheme of administration for the estate submitted by the SJ in May of last year. A key component of this was the setting up of Nina Wang Charity Management Ltd. An SMO, formed of three independent individuals, was also required to be set up to supervise the operation of the trustee. In accordance with the scheme, these individuals, appointed by the SJ, must possess unquestionable integrity, experience and judgement. The trustee’s main responsibilities include but are not limited to supervising the business operations of the Chinachem Group, and approving the group’s financial budget and major decisions. It will devise a budget for charity projects, fundraising, and – in accordance with Mrs Wang’s will – preparations for setting up a “fund and a Chinese prize of worldwide significance similar to that of the Nobel Prize”. The scheme mandated that there will also be a board of governors for the trustee, with its members being appointed pursuant to the scheme and the company’s articles of association. At least two of the governors must be government officials. Following the court’s approval of the scheme, the SJ made an application to it to appoint the company as the trustee of the charitable trust, and approval was granted by the court on November 21. Rita Fan, Joseph Yam and Cheng Yan-kee have been appointed as the SMO’s three members, and will be responsible for supervising the trustee’s operations. The department said it firmly believes that once the trustee’s board of governors is established, the trustee will do its utmost in faithfully administering the charitable trust, under the supervision of the SMO. This will include implementing charity projects and the abovementioned prize, in order to fulfill Mrs Wang’s wishes and bring benefits to the country, including different sectors of Hong Kong, the department added.
posted on Jan 06, 2025 12:00 am
At
4 p.m.
at the Hong Kong Observatory :
Air temperature : 19 degrees Celsius
Relative Humidity : 62 per cent
During the past hour
the mean UV Index recorded at King's Park : 2
Intensity of UV radiation : low An intense winter monsoon is gradually affecting inland Guangdong. Temperatures over Hong Kong are expected to fall appreciably overnight. The weather will be persistently cold in the morning in the next couple of days (10 to 12 January). Temperatures will be around 11 to 12 degrees in the urban areas, and the weather will be very cold over parts of the New Territories and on high ground. Winds will be occasionally strong on high ground where wind chill effect will be more significant. Under clear skies, radiation cooling will be rather significant overnight during the weekend with chance of frost over inland areas of the New Territories and on high ground. Members of the public are reminded to keep warm and take care of the elderly persons and persons with chronic medical conditions. Please be reminded that:The Fire Danger Warning is Red and the fire risk is extreme.The Cold Weather Warning was issued at 4:20 p.m. Cold weather might cause adverse health effects. Members of the public should take care to keep warm. The air temperatures at other places were:
Hong Kong Observatory19 degrees ;
King's Park20 degrees ;
Wong Chuk Hang21 degrees ;
Ta Kwu Ling22 degrees ;
Lau Fau Shan21 degrees ;
Tai Po20 degrees ;
Sha Tin21 degrees ;
Tuen Mun21 degrees ;
Tseung Kwan O19 degrees ;
Sai Kung18 degrees ;
Cheung Chau19 degrees ;
Chek Lap Kok20 degrees ;
Tsing Yi20 degrees ;
Shek Kong22 degrees ;
Tsuen Wan Ho Koon20 degrees ;
Tsuen Wan Shing Mun Valley22 degrees ;
Hong Kong Park19 degrees ;
Shau Kei Wan18 degrees ;
Kowloon City21 degrees ;
Happy Valley21 degrees ;
Wong Tai Sin21 degrees ;
Stanley18 degrees ;
Kwun Tong20 degrees ;
Sham Shui Po21 degrees ;
Kai Tak Runway Park19 degrees ;
Yuen Long Park22 degrees ;
Tai Mei Tuk19 degrees .
posted on Jan 09, 2025 4:21 pm
Communicable Diseases Watch Volume 20, Number 12, Weeks 48 - 51 (November 24 – Deecember 21, 2024)
posted on Dec 24, 2024 12:00 am
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