HKBU receives HK$8 million from Mr. Yip Mow Lum

30 September 2015
 Prof. Roland Chin appreciated the inspiring life story of Mr. Yip Mow Lum
 Mr. Yip Mow Lum shared his striving story with the guests
 Student Jiang Ting recited a poem to express gratitude to Mr. Yip Mow Lum
 Mr. Cheng Yan Kee (left) and Prof. Roland Chin presented a souvenir to Mr. Yip Mow Lum
 Guests and HKBU representatives posed for a group photo
 Mr. Cheng Yan Kee hosted a lunch for the guests

HKBU recently received a generous donation of HK$8 million from Mr. Yip Mow Lum, Chairman of Bright Smart Securities & Commodities Group Limited, in support of the University’s institutional advancement.  In recognition of Mr. Yip's generosity, the University held a cheque presentation ceremony, officiated by Mr. Yip Mow Lum, Mr. Cheng Yan Kee, BBS, JP, Chairman of the Council and the Court, and Professor Roland T. Chin, BBS, JP, President and Vice-Chancellor, on 30 September 2015.

In his welcoming remarks, Professor Roland Chin said that the inspiring life story of Mr. Yip shares some similarities with the history of HKBU which has been striving for excellence over the decades by upholding the spirit of perseverance. In his speech, Mr. Yip shared how he bore hardships with fortitude and eventually became a successful entrepreneur. He encouraged students to work hard to overcome difficulties and remind them to contribute to their alma mater and society in future.

During the recent stock market plunge, Mr. Yip showed his support to the Group by increasing his stake in it. Later, he sold those shares when the market rebounded and donated all the profit from this transaction to HKBU with the aim of supporting the University’s long-term development and educational endeavours to nurture talent for the betterment of Hong Kong.

The ceremony was well attended by distinguished guests, including the management of Bright Smart Securities & Commodities Group Limited, namely Mr. Nelson Chan Kai Fung, Executive Director and Chief Executive Officer; Mr. Kwok Sze Chi, Executive Director and Marketing Director; Ms Priscilla Li Wan Mei, Chief Financial Officer; and Mr. Edmond Hui Yik Bun, Sales Director. Other guests included Mr. Leon Chan, Senior and Managing Partner of Y.T. Chan & Co. Solicitors & Notaries; Ir Dr. K.K. Wong, GBS, JP, Vice-Chairman of the Board of Governors and Co-Chairman of the Entrepreneur Committee of the HKBU Foundation; Mr. William Leung, BBS, JP, Member of the Board of Governors and Chairman of the Alumni Committee of the HKBU Foundation; Mr. Bernard Wu, Honorary Member of the Court of HKBU; Mr. Cheung On Tak, Honorary Permanent President of the HKBU Foundation, and his son Mr. Gavin Cheung; Mr. Lam Cho Kwong, Chairman of the Supervisory Committee of the Tsim Sha Tsui District Kai Fong Welfare Association, Honorary President of the HKBU Foundation; as well as supporters, staff and students of HKBU.