Hong Leong Foundation will usher in the forthcoming Lunar New Year season with its long-standing tradition of hongbao distribution to underprivileged senior citizens.
This year, a total of $465,240 will be distributed to 3,877 Public Assistance or the Silver Jubilee Fund Special Grant (PA/SJFSG) recipients, each of whom will receive a $120 hongbao that includes a one-time increase of S$60 due to the economic downturn. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
“We hope the extra money will go a long way for these senior citizens,” said Mr Ong Pang Boon, Governor of Hong Leong Foundation.
As in the past, staff from the Hong Leong Group Singapore will participate in the hongbao distribution to 51 PA/SJFSG recipients under the care of St Andrew’s Cathedral Home for the Aged, Bo Tien Welfare Services Society, and Mun Fut Tong Nursing Home on 31 January 2002, Thursday, from 4 pm to 7.30 pm. In addition, a total of $2,680 will be distributed to 134 residents of these homes who are non PA/SJFSG recipients, each of whom will receive a S$20 hongbao.
In addition to the above visits, the Foundation with the assistance of the Hong Leong Group Sports & Recreation Club will be bringing the residents from the above homes to Lot 1 Shoppers’ Mall which is owned by City Developments Ltd (CDL) for “Loh Hei” dinner and to view a nostalgic Lunar Festive Street Parade which includes rousing dragon and lion dance, colourful performances by big-headed dolls and tottering stilt walkers. To usher the auspicious year of the Horse, a colourful horse lantern, standing at a height of 18 ft will also be lighted up.
The People’s Association has kindly agreed to assist in crediting the POSB accounts of 1,993 PA/SJFSG recipients who reside in their own homes. The remaining 1,833 PA/SJFSG recipients from another 46 institutions will receive their hongbaos through the management of the respective institutions.
Meanwhile the Hong Leong Foundation wishes everyone a Happy and Prosperous New Year.