Commemorating the 100th anniversary of the Li & Fung Group, the Li & Fung (1906) Foundation donates HK$100 million to set up 100 Scholarships for undergraduates in Hong Kong and Mainland China
Hong Kong, 23 April 2006 – To commemorate the 100th anniversary of the Li & Fung Group, the Li & Fung (1906) Foundation Limited today announced that it has created the Li & Fung Scholarships programme with one-off grants totalling HK$100 million. These grants will support 100 scholarships every year for undergraduates in Hong Kong and the mainland of China.