SGX Bull Charge beneficiaries receive Largest Single Donation in recent years from AMTD Charity Foundation

Beneficiaries of SGX Bull Charge, the flagship charity initiative of Singapore Exchange (SGX), have received a boost from AMTD Charity Foundation amid a challenging year for fundraising.

AMTD Charity Foundation is reportedly donating SGD500,000 to SGX Bull Charge ahead of its 17th annual Charity Run – the largest single contribution in recent years. The proceeds will be channelled through Community Chest to this year’s adopted beneficiaries in Singapore – AWWA Ltd., Autism Association (Singapore), Fei Yue Community Services, HCSA Community Services and Shared Services for Charities.

In addition, AMTD will donate SGD500,000 directly to Community Chest, with whom it will work to identify charities and programmes to support, said SGX in a press release.

Calvin Choi, Chairman and Chief Executive Officer, AMTD Group, said: “We are delighted to establish a long-term partnership with SGX and Community Chest to provide our support to the community especially to the under-privileged and the needy ones. During this global pandemic, we appreciate the importance of showcasing our love and committing our support to anchor the community by reaching out directly to the beneficiaries. We are grateful for the SGX Bull Charge programme’s partnership together with the Community Chest so that we can deliver our contributions locally this year through this virtual charity run.”

Chew Sutat, SGX Bull Charge Chairman and Head of Global Sales & Origination, SGX, said: “We are delighted by this tremendous pledge of support from AMTD Charity Foundation, which will go a long way in making a difference to our beneficiaries during these difficult times. With just over a month to the Virtual Charity Run flagoff, their commitment is bringing renewed energy to our fundraising efforts and we thank them for their partnership.”

Phillip Tan, Chairman of Community Chest, said: “Community Chest is deeply encouraged by the strong and sustained support from SGX and the financial industry to fundraise for those in need through SGX Bull Charge. We thank AMTD Charity Foundation for joining us in this meaningful cause as a testament to the importance of collective efforts in uplifting the lives of the vulnerable. The Covid-19 pandemic has united us all in enabling care and assistance to those in our community who need support most during this difficult time and I am confident we will all emerge stronger together.”

Corporate sponsors from Singapore’s financial community, participants in SGX’s Commodities Unplugged webinar series, as well as SGX staff have been donating to this year’s SGX Bull Charge programme. The exchange is matching contributions dollar for dollar up to SGD1 million and will donate a further SGD5 for every kilometre completed in the Virtual Charity Run, up to 100,000 km.