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HKBN Partners with ChickenSoup Foundation
to Establish Three Service Centres for over 600 Underprivileged Hong Kong Children
(Hong Kong - 6 May 2015) In order to fulfill its core purpose of “Making our Hong Kong a Better Place
to Live”, Hong Kong Broadband Network Limited ("HKBN") announced today that the company has
donated HK$1 million to ChickenSoup Foundation, a local charity initiative that helps children from lowincome families. Instead of the fairly standard approach of incurring a similar sum for picking a preferred
“lucky” SEHK stock code for the initial public listing of HKBN Ltd. this past March, HKBN injected HK$1
million into an impactful corporate social investment project decided via consensus by its Talents, with
a view of creating long-term social value for Hong Kong.
Out of the 18 proposals HKBN received, ChickenSoup Foundation edged out its peers and was selected
as the beneficiary partner as voted by HKBN Talents.
“Like HKBN, ChickenSoup Foundation shares a similar belief in corporate social investment for our
community with maximum sustainable impact, rather than merely operating on a more conventional
corporate social responsibility approach,” said Ivy Lau, Director – Talent Engagement & Corporate
Social Investment and Co-Owner of HKBN.
HKBN’s HK$1 million donation will be used to hire experienced personnel in managing the day-to-day
operations of three new service centres in Tseung Kwan O, Tin Shui Wai and Tung Chung, which will
open later this year. The centres will help children through ‘education’ (daily homework tutorial and
weekend English reading), ‘health’ (hot nutritious meals, medical consultations and therapy, physical
training), and ‘inspiration’ (field trips; training in art and music; introduction to celebrities and role models
with a humble background). Overall, 662 children from the grassroots will benefit from this plan. Over
the next three years, it is estimated this social investment may bring almost 30 times in social benefit
returns for the community.
“On behalf of all the beneficiaries served by ChickenSoup Foundation, I extend a big thank you to all
HKBN Talents for making such a big investment into our program,” said Edward Man, founder of
ChickenSoup Foundation. “Such a commitment does not only add quality and depth to our services, it
represents a vote of confidence for our innovative and impactful operating model, and will serve us well
in our inaugural fund raising effort, which we aim to increase overall coverage in scale, speed and
quality.”
“Many companies avoid making donations to support NGOs’ administrative spending. HKBN thinks
differently. Like how we believe our Talents are critical to our business success, we injected this funding
to support the hiring of dedicated managers for the new children centres. ChickenSoup Foundation will
then pool resources through their network to offer a wide range of after-school services for these needy
children. This truly is a beautiful picture, to witness so many from different parts of the community
partner together to make our Hong Kong a better place to live,” said Ivy Lau.
HKBN donated HK$1 million to ChickenSoup Foundation to build three new services centres to help children
from low-income families through educational, health-related and inspirational programs
About Hong Kong Broadband Network Limited
Hong Kong Broadband Network Limited is the largest provider of residential fibre broadband
(symmetrical 100 Mbps & above) services in Hong Kong by number of residential subscriptions, with a
core purpose to “Make Our Hong Kong a Better Place to Live”. HKBN offers an array of world-class
enterprise solutions, including broadband and data connectivity, voice communication, managed Wi-Fi
solutions, Cloud solutions and IT advisory services, as well as a diversified portfolio of residential
broadband and Wi-Fi access, communication and entertainment services. HKBN owns an extensive
fibre network in Hong Kong, which covers over 2.1 million residential homes passed, representing
approximately 79% of Hong Kong’s total residential units, and more than 1,900 commercial buildings.
HKBN takes great pride in developing its 2,300 plus Talents into a competitive advantage. HKBN is a
subsidiary of HKBN Ltd. (SEHK Stock Code: 1310).
About ChickenSoup Foundation
Founded in 2013, ChickenSoup Foundation is a philanthropic initiative privately funded and served by
working professionals. Our mission is to empower at-risk children in low-income communities in Hong
Kong, by feeding their body, mind and soul. We strive to build strength in them and hope for their future
in order to achieve self-independence. Currently, we cover more than 500 children from age 6 to 18 in
nine local districts with speedy and impactful services in education, health and inspiration. ChickenSoup
Foundation embraces commercial principles to maximize social returns on investment by our donorinvestor, in order to build diversity, scale and sustainability in our services. Over the last 17 months,
ChickenSoup Foundation delivered over 288,000 beneficiary service hours with 32 active partners and
over 60 sponsors. Website：www.ChickenSoupFoundation.org; Facebook：ChickenSoup Foundation.
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Issued by Hong Kong Broadband Network Ltd
For media enquiry, please contact:
Gloria Lam
Manager – Corporate Communications
Tel: +852 9728 9289
Fax: +852 3999 7349
Email: [email protected]