SUBSCRIBERS
Founder of China's Tencent to give US$2b in shares to charity
Published Tue, Apr 19, 2016 · 09:50 PM
Shanghai
THE founder of China's Tencent Holdings Ltd, Pony Ma, said that he plans to donate 100 million company shares, worth more than US$2 billion, to the firm's charity foundation in one of China's biggest philanthropic pledges ever.
Mr Ma, whose fortune is estimated to be about US$18.8 billion, said that the donation would go towards supporting medical, educational and environmental causes in China.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Lifestyle
Former Zouk morphs into mod-Asian Jiak Kim House, serving laksa pasta and mushroom bak kut teh
Massimo Bottura lends star power to pizza and pasta at Torno Subito
Victor Liong pairs Aussie and Asian food with mixed results at Artyzen’s Quenino restaurant
If Jay Chou likes Ju Xing’s zi char, you might too
Mod-Sin cooking izakaya style at Focal
What the fish? Diving for flavour at Fysh – Aussie chef Josh Niland’s Singapore debut